Bmo Sptsx Capped Etf Performance
| ZCN Etf | CAD 34.11 0.08 0.24% |
The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO SPTSX's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO SPTSX is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BMO SPTSX Capped are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BMO SPTSX may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | BMO SP TSX Capped Comp ETF Quote - Press Release - The Globe and Mail | 11/06/2024 |
| In Threey Sharp Ratio | 0.38 |
BMO |
BMO SPTSX Relative Risk vs. Return Landscape
If you would invest 3,108 in BMO SPTSX Capped on August 24, 2024 and sell it today you would earn a total of 303.00 from holding BMO SPTSX Capped or generate 9.75% return on investment over 90 days. BMO SPTSX Capped is generating 0.1492% of daily returns assuming 0.5393% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than BMO SPTSX, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BMO SPTSX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO SPTSX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO SPTSX Capped, and traders can use it to determine the average amount a BMO SPTSX'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 = 0.2767
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average BMO SPTSX is performing at about 21% 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 SPTSX by adding it to a well-diversified portfolio.
BMO SPTSX Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO SPTSX, and BMO SPTSX 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.
| Price To Earning | 17.22 X | |||
| Total Asset | 4.19 B | |||
About BMO SPTSX Performance
By examining BMO SPTSX's fundamental ratios, stakeholders can obtain critical insights into BMO SPTSX'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 SPTSX 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.
The investment seeks to replicate, to the extent possible, the performance of the SPTSX Capped Composite Index, net of expenses. BMO SP is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: BMO SP TSX Capped Comp ETF Quote - Press Release - The Globe and Mail | |
| The fund keeps 99.75% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO SPTSX 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 SPTSX security.