BMO Balanced Net Asset vs. Three Year Return
| ZBAL Etf | CAD 41.05 0.30 0.74% |
For BMO Balanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BMO Balanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BMO Balanced ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BMO Balanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BMO Balanced ETF over time as well as its relative position and ranking within its peers.
BMO |
BMO Balanced ETF Three Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BMO Balanced's current stock value. Our valuation model uses many indicators to compare BMO Balanced value to that of its competitors to determine the firm's financial worth. BMO Balanced ETF is rated first in net asset as compared to similar ETFs. It is rated first in three year return as compared to similar ETFs . The ratio of Net Asset to Three Year Return for BMO Balanced ETF is about 4,610,345 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BMO Balanced by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BMO Balanced's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.BMO Three Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
BMO Balanced |
| = | 26.74 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
BMO Balanced |
| = | 5.80 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
BMO Three Year Return Comparison
BMO Balanced is currently under evaluation in three year return as compared to similar ETFs.
BMO Balanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BMO Balanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BMO Balanced will eventually generate negative long term returns. The profitability progress is the general direction of BMO Balanced's change in net profit over the period of time. It can combine multiple indicators of BMO Balanced, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
BMO Balanced ETF seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. BMO BALANCED is traded on Toronto Stock Exchange in Canada.
BMO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BMO Balanced. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BMO Balanced position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BMO Balanced's important profitability drivers and their relationship over time.
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| Five Year Return vs Three Year Return | ||
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| Bond Positions Weight vs Three Year Return |
Use BMO Balanced in pair-trading
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 Balanced 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 Balanced will appreciate offsetting losses from the drop in the long position's value.BMO Balanced Pair Trading
BMO Balanced ETF Pair Trading Analysis
The ability to find closely correlated positions to BMO Balanced 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 Balanced 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 Balanced - 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 Balanced ETF to buy it.
The correlation of BMO Balanced 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 Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMO Balanced ETF 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 Balanced 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.Use Investing Themes to Complement your BMO Balanced position
In addition to having BMO Balanced in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Macroaxis Index Thematic Idea Now
Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 52 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
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Other Information on Investing in BMO Etf
To fully project BMO Balanced's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BMO Balanced ETF at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BMO Balanced's income statement, its balance sheet, and the statement of cash flows.