Bank Of Montreal Etf Price on November 27, 2024
| CARU Etf | 30.01 0.47 1.59% |
If you're considering investing in Bank Etf, it is important to understand the factors that can impact its price. As of today, the current price of Bank of Montreal stands at 30.01, as last reported on the 30th of November, with the highest price reaching 30.01 and the lowest price hitting 30.01 during the day. Bank of Montreal appears to be not too volatile, given 3 months investment horizon. Bank of Montreal secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. By analyzing Bank of Montreal's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Bank of Montreal's Downside Deviation of 4.36, mean deviation of 3.27, and Risk Adjusted Performance of 0.0813 to double-check if our risk estimates are consistent with your expectations.
Bank Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.1231
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Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bank of Montreal is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of Montreal by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 39.2 K |
Bank of Montreal Valuation on November 27, 2024
It is possible to determine the worth of Bank of Montreal on a given historical date. On November 27, 2024 Bank was worth 29.67 at the beginning of the trading date compared to the closed value of 29.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Montreal etf. Still, in general, we apply an absolute valuation method to find Bank of Montreal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of Montreal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Montreal's related companies.
| Open | High | Low | Close | Volume | |
| 29.48 | 29.48 | 29.25 | 29.25 | 500.00 | |
11/27/2024 | 29.67 | 29.67 | 29.54 | 29.54 | 400.00 |
| 30.01 | 30.01 | 30.01 | 30.01 | 100.00 |
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Bank of Montreal Trading Date Momentum on November 27, 2024
| On November 29 2024 Bank of Montreal was traded for 30.01 at the closing time. The top price for the day was 30.01 and the lowest listed price was 30.01 . The trading volume for the day was 100.0. The trading history from November 29, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.59% . The overall trading delta against the current closing price is 1.59% . |
About Bank of Montreal Etf history
Bank of Montreal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Montreal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of Montreal stock prices may prove useful in developing a viable investing in Bank of Montreal
Bank of Montreal Etf Technical Analysis
Bank of Montreal technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Bank of Montreal Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Bank of Montreal November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Montreal etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Montreal shares will generate the highest return on investment. By undertsting and applying Bank of Montreal etf market strength indicators, traders can identify Bank of Montreal entry and exit signals to maximize returns
Bank of Montreal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Montreal's price direction in advance. Along with the technical and fundamental analysis of Bank Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0813 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | 0.1085 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Bank Etf please use our How to Invest in Bank of Montreal guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.