BMO Europe Price To Earning vs. Holdings Turnover
| ZWE Etf | CAD 20.08 0.20 1.01% |
For BMO Europe profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BMO Europe to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BMO Europe High utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BMO Europe's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BMO Europe High over time as well as its relative position and ranking within its peers.
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BMO Europe High Holdings Turnover vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BMO Europe's current stock value. Our valuation model uses many indicators to compare BMO Europe value to that of its competitors to determine the firm's financial worth. BMO Europe High is rated third in price to earning as compared to similar ETFs. It is rated second in holdings turnover as compared to similar ETFs reporting about 0.64 of Holdings Turnover per Price To Earning. The ratio of Price To Earning to Holdings Turnover for BMO Europe High is roughly 1.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BMO Europe by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BMO Europe'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 Holdings Turnover vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
BMO Europe |
| = | 15.75 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
BMO Europe |
| = | 10.02 % |
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
BMO Europe Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BMO Europe, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BMO Europe will eventually generate negative long term returns. The profitability progress is the general direction of BMO Europe's change in net profit over the period of time. It can combine multiple indicators of BMO Europe, 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 Europe High Dividend Covered Call Hedged to CAD ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. BMO EUROPE 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 Europe. 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 Europe 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 Europe's important profitability drivers and their relationship over time.
Use BMO Europe 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 Europe 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 Europe will appreciate offsetting losses from the drop in the long position's value.BMO Europe Pair Trading
BMO Europe High Pair Trading Analysis
The ability to find closely correlated positions to BMO Europe 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 Europe 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 Europe - 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 Europe High to buy it.
The correlation of BMO Europe 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 Europe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMO Europe High 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 Europe 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 Europe position
In addition to having BMO Europe 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Other Information on Investing in BMO Etf
To fully project BMO Europe's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BMO Europe High 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 Europe's income statement, its balance sheet, and the statement of cash flows.