Bmo Sp 500 Etf Performance
| ZSP Etf | CAD 90.90 0.42 0.46% |
The etf shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BMO SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO SP is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BMO SP 500 are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BMO SP may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.74 |
BMO |
BMO SP Relative Risk vs. Return Landscape
If you would invest 8,267 in BMO SP 500 on August 24, 2024 and sell it today you would earn a total of 823.00 from holding BMO SP 500 or generate 9.96% return on investment over 90 days. BMO SP 500 is generating 0.1535% of daily returns assuming 0.7487% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than BMO SP, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BMO SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO SP 500, and traders can use it to determine the average amount a BMO SP'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 = 0.205
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average BMO SP is performing at about 16% 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 SP by adding it to a well-diversified portfolio.
BMO SP Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO SP, and BMO SP 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 | 4.05 B | |||
About BMO SP Performance
By examining BMO SP's fundamental ratios, stakeholders can obtain critical insights into BMO SP'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 SP 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 BMO SP 500 Index ETF has been designed to replicate, to the extent possible, the performance of the SP 500 Index, net of expenses. BMO SP is traded on Toronto Stock Exchange in Canada.| The fund keeps 99.94% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO SP 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 SP security.