Bmo Balanced Etf Price on June 28, 2024
| ZBAL Etf | CAD 41.05 0.08 0.19% |
Below is the normalized historical share price chart for BMO Balanced ETF extending back to February 15, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BMO Balanced stands at 41.05, as last reported on the 16th of December 2024, with the highest price reaching 41.23 and the lowest price hitting 41.03 during the day.
If you're considering investing in BMO Etf, it is important to understand the factors that can impact its price. As of now, BMO Etf is very steady. BMO Balanced ETF secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the etf had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BMO Balanced ETF, which you can use to evaluate the volatility of the entity. Please confirm BMO Balanced's mean deviation of 0.2678, and Risk Adjusted Performance of 0.1413 to double-check if the risk estimate we provide is consistent with the expected return of 0.0655%.
BMO Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.99 | 200 Day MA 38.4702 | 1 y Volatility 5.81 | 50 Day MA 40.234 | Inception Date 2019-02-12 |
BMO |
Sharpe Ratio = 0.1862
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Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average BMO Balanced is performing at about 14% 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 Balanced by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 133.8 K |
BMO Balanced Valuation on June 28, 2024
It is possible to determine the worth of BMO Balanced on a given historical date. On June 28, 2024 BMO was worth 37.77 at the beginning of the trading date compared to the closed value of 37.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BMO Balanced etf. Still, in general, we apply an absolute valuation method to find BMO Balanced's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BMO Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BMO Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 37.88 | 37.88 | 37.70 | 37.74 | 6,100 | |
06/28/2024 | 37.77 | 37.90 | 37.65 | 37.69 | 7,200 |
| 37.69 | 37.70 | 37.57 | 37.70 | 900.00 |
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BMO Balanced Trading Date Momentum on June 28, 2024
| On July 02 2024 BMO Balanced ETF was traded for 37.70 at the closing time. The highest price during the trading period was 37.70 and the lowest recorded bid was listed for 37.57 . The volume for the day was 900. This history from July 2, 2024 contributed to the next trading day price boost. The trading date delta to the next closing price was 0.03% . The overall trading delta to the current price is 0.82% . |
BMO Balanced ETF Fundamentals Correlations and Trends
By evaluating BMO Balanced's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BMO Balanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BMO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BMO Balanced Etf history
BMO Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BMO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BMO Balanced ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BMO Balanced stock prices may prove useful in developing a viable investing in BMO Balanced
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 Balanced Etf Technical Analysis
BMO Balanced technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
BMO Balanced Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
BMO Balanced ETF cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
BMO Balanced December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how BMO Balanced etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BMO Balanced shares will generate the highest return on investment. By undertsting and applying BMO Balanced etf market strength indicators, traders can identify BMO Balanced ETF entry and exit signals to maximize returns
BMO Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BMO Balanced's price direction in advance. Along with the technical and fundamental analysis of BMO Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BMO to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1413 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | 0.0199 | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.295 |
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Other Information on Investing in BMO Etf
BMO Balanced 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 Balanced security.