Bmo Long Corporate Etf Performance
| ZLC Etf | CAD 15.51 0.06 0.39% |
The etf shows a Beta (market volatility) of -0.0181, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BMO Long are expected to decrease at a much lower rate. During the bear market, BMO Long is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in BMO Long Corporate are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, BMO Long is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.27 |
BMO |
BMO Long Relative Risk vs. Return Landscape
If you would invest 1,510 in BMO Long Corporate on August 29, 2024 and sell it today you would earn a total of 41.00 from holding BMO Long Corporate or generate 2.72% return on investment over 90 days. BMO Long Corporate is generating 0.0448% of daily returns assuming 0.5597% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than BMO Long, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BMO Long Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Long's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Long Corporate, and traders can use it to determine the average amount a BMO Long's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.08
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZLC |
Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average BMO Long is performing at about 6% 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 BMO Long by adding it to a well-diversified portfolio.
BMO Long Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Long, and BMO Long fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BMO Etf performance.
| Total Asset | 411.84 M | |||
About BMO Long Performance
By examining BMO Long's fundamental ratios, stakeholders can obtain critical insights into BMO Long's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BMO Long is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
BMO Long Corporate Bond Index ETF seeks to replicate, to the extent possible, the performance of a long term corporate bond index, net of expenses. BMO LONG is traded on Toronto Stock Exchange in Canada.| BMO Long Corporate generated five year return of 0.0% | |
| This fund keeps about 98.61% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO Long financial ratios help investors to determine whether BMO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BMO with respect to the benefits of owning BMO Long security.