Bmo High Yield Etf Performance
| ZJK Etf | CAD 19.02 0.06 0.32% |
The etf shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO High's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO High is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BMO High Yield are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy forward-looking signals, BMO High 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 | 0.42 |
BMO |
BMO High Relative Risk vs. Return Landscape
If you would invest 1,804 in BMO High Yield on August 25, 2024 and sell it today you would earn a total of 98.00 from holding BMO High Yield or generate 5.43% return on investment over 90 days. BMO High Yield is generating 0.0831% of daily returns assuming 0.2984% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than BMO High, 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 High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO High Yield, and traders can use it to determine the average amount a BMO High'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 = 0.2786
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ZJK | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average BMO High 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 High by adding it to a well-diversified portfolio.
BMO High Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO High, and BMO High 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 | 757.98 M | |||
About BMO High Performance
By examining BMO High's fundamental ratios, stakeholders can obtain critical insights into BMO High'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 High 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 High Yield US Corporate Bond ETF seeks to replicate, to the extent possible, the performance of a broad United States high yield corporate bond market index, net of expenses. BMO HIGH is traded on Toronto Stock Exchange in Canada.| The fund keeps about 97.18% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO High 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 High security.