Bmo Low Volatility Etf Five Year Return
| ZLI Etf | CAD 25.21 0.02 0.08% |
BMO Low Volatility fundamentals help investors to digest information that contributes to BMO Low's financial success or failures. It also enables traders to predict the movement of BMO Etf. The fundamental analysis module provides a way to measure BMO Low's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BMO Low etf.
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BMO Low Volatility ETF Five Year Return Analysis
BMO Low's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current BMO Low Five Year Return | 2.40 % |
Most of BMO Low's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BMO Low Volatility is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, BMO Low Volatility has a Five Year Return of 2.4%. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the International Equity category. The five year return for all Canada etfs is notably lower than that of the firm.
BMO Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BMO Low's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BMO Low could also be used in its relative valuation, which is a method of valuing BMO Low by comparing valuation metrics of similar companies.BMO Low is rated below average in five year return as compared to similar ETFs.
Fund Asset Allocation for BMO Low
The fund invests 99.67% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides BMO Low's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
BMO Fundamentals
| Price To Earning | 19.85 X | |||
| Beta | 0.82 | |||
| Total Asset | 393.33 M | |||
| Annual Yield | 0.03 % | |||
| One Year Return | 12.10 % | |||
| Three Year Return | 2.80 % | |||
| Five Year Return | 2.40 % | |||
| Net Asset | 393.33 M | |||
| Last Dividend Paid | 0.34 | |||
| Equity Positions Weight | 99.67 % |
About BMO Low Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BMO Low Volatility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BMO Low using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BMO Low Volatility based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with BMO Low
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BMO Low position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BMO Low will appreciate offsetting losses from the drop in the long position's value.Moving together with BMO Etf
| 0.64 | XEF | iShares Core MSCI | PairCorr |
| 0.64 | ZEA | BMO MSCI EAFE | PairCorr |
| 0.64 | VIU | Vanguard FTSE Developed | PairCorr |
Moving against BMO Etf
| 0.68 | ENCC | Global X Canadian | PairCorr |
| 0.67 | HBGD | Global X Big | PairCorr |
| 0.66 | ZEO | BMO Equal Weight | PairCorr |
| 0.64 | CYBR-B | Evolve Cyber Security | PairCorr |
| 0.6 | HXE | Global X SPTSX | PairCorr |
The ability to find closely correlated positions to BMO Low could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BMO Low when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BMO Low - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BMO Low Volatility to buy it.
The correlation of BMO Low is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BMO Low moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMO Low Volatility moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BMO Low can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BMO Etf
BMO Low 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 Low security.