Bank Price To Operating Cash Flows Ratio from 2010 to 2024
| BMO Stock | USD 96.84 0.14 0.14% |
Price To Operating Cash Flows Ratio | First Reported 2010-12-31 | Previous Quarter 3.18068885 | Current Value 5.05 | Quarterly Volatility 16.55469232 |
Check Bank of Montreal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Montreal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 0.0 or Selling General Administrative of 37.8 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0442 or PTB Ratio of 1.62. Bank financial statements analysis is a perfect complement when working with Bank of Montreal Valuation or Volatility modules.
Bank | Price To Operating Cash Flows Ratio |
Latest Bank of Montreal's Price To Operating Cash Flows Ratio Growth Pattern
Below is the plot of the Price To Operating Cash Flows Ratio of Bank of Montreal over the last few years. It is Bank of Montreal's Price To Operating Cash Flows Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of Montreal's overall financial position and show how it may be relating to other accounts over time.
| Price To Operating Cash Flows Ratio | 10 Years Trend |
|
Price To Operating Cash Flows Ratio |
| Timeline |
Bank Price To Operating Cash Flows Ratio Regression Statistics
| Arithmetic Mean | 6.82 | |
| Geometric Mean | 6.97 | |
| Coefficient Of Variation | 242.83 | |
| Mean Deviation | 11.05 | |
| Median | 3.83 | |
| Standard Deviation | 16.55 | |
| Sample Variance | 274.06 | |
| Range | 69.9608 | |
| R-Value | (0.18) | |
| Mean Square Error | 285.90 | |
| R-Squared | 0.03 | |
| Significance | 0.53 | |
| Slope | (0.65) | |
| Total Sum of Squares | 3,837 |
Bank Price To Operating Cash Flows Ratio History
About Bank of Montreal Financial Statements
Bank of Montreal investors utilize fundamental indicators, such as Price To Operating Cash Flows Ratio, to predict how Bank Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Operating Cash Flows Ratio | 3.18 | 5.05 |
Pair Trading with Bank of Montreal
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 Bank of Montreal 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 Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.87 | C | Citigroup Fiscal Year End 10th of January 2025 | PairCorr |
| 0.79 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
| 0.88 | CM | Canadian Imperial Bank | PairCorr |
Moving against Bank Stock
| 0.83 | JPM-PK | JPMorgan Chase | PairCorr |
| 0.83 | JPM-PM | JPMorgan Chase | PairCorr |
| 0.83 | JPM-PL | JPMorgan Chase | PairCorr |
| 0.81 | TD | Toronto Dominion Bank | PairCorr |
| 0.8 | JPM-PJ | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal 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 Bank of Montreal - 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 Bank of Montreal to buy it.
The correlation of Bank of Montreal 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 Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal 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 Bank of Montreal 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.Check out the analysis of Bank of Montreal Correlation against competitors. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.17 | Earnings Share 6.61 | Revenue Per Share 43.316 | Quarterly Revenue Growth (0.04) | Return On Assets 0.005 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.