Bank Of Montreal Stock Probability of Future Stock Price Finishing Under 132.18
| BMO Stock | CAD 133.64 0.96 0.72% |
Bank |
Bank of Montreal Target Price Odds to finish below 132.18
The tendency of Bank Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 132.18 or more in 90 days |
| 133.64 | 90 days | 132.18 | about 91.13 |
Based on a normal probability distribution, the odds of Bank of Montreal to drop to C$ 132.18 or more in 90 days from now is about 91.13 (This Bank of Montreal probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of Montreal price to stay between C$ 132.18 and its current price of C$133.64 at the end of the 90-day period is roughly 2.84 .
Assuming the 90 days trading horizon Bank of Montreal has a beta of 0.47 suggesting as returns on the market go up, Bank of Montreal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank of Montreal will be expected to be much smaller as well. Additionally Bank of Montreal has an alpha of 0.1461, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Bank of Montreal Price Density |
| Price |
Predictive Modules for Bank of Montreal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of Montreal. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Bank of Montreal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of Montreal is not an exception. The market had few large corrections towards the Bank of Montreal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bank of Montreal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of Montreal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 7.11 | |
Ir | Information ratio | 0.07 |
Bank of Montreal Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bank of Montreal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of Montreal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Bank is showing solid risk-adjusted performance over 90 days |
Bank of Montreal Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bank Stock often depends not only on the future outlook of the current and potential Bank of Montreal's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bank of Montreal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 710.5 M | |
| Cash And Short Term Investments | 114.3 B |
Bank of Montreal Technical Analysis
Bank of Montreal's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of Montreal. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of Montreal Predictive Forecast Models
Bank of Montreal's time-series forecasting models is one of many Bank of Montreal's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bank of Montreal's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Bank of Montreal
Checking the ongoing alerts about Bank of Montreal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of Montreal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Bank is showing solid risk-adjusted performance over 90 days |
Check out Bank of Montreal Backtesting, Bank of Montreal Valuation, Bank of Montreal Correlation, Bank of Montreal Hype Analysis, Bank of Montreal Volatility, Bank of Montreal History as well as Bank of Montreal Performance. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.