Bmo Discount Bond Etf Price on October 10, 2024
| ZDB Etf | CAD 15.25 0.06 0.39% |
If you're considering investing in BMO Etf, it is important to understand the factors that can impact its price. As of today, the current price of BMO Discount stands at 15.25, as last reported on the 11th of December 2024, with the highest price reaching 15.35 and the lowest price hitting 15.23 during the day. As of now, BMO Etf is very steady. BMO Discount Bond secures Sharpe Ratio (or Efficiency) of 0.0326, which signifies that the etf had a 0.0326% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BMO Discount Bond, which you can use to evaluate the volatility of the entity. Please confirm BMO Discount's risk adjusted performance of 0.0139, and Mean Deviation of 0.2756 to double-check if the risk estimate we provide is consistent with the expected return of 0.012%.
BMO Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
BMO |
Sharpe Ratio = 0.0326
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Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average BMO Discount is performing at about 2% 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 Discount by adding it to a well-diversified portfolio.
BMO Discount Valuation on October 10, 2024
It is possible to determine the worth of BMO Discount on a given historical date. On October 10, 2024 BMO was worth 14.9 at the beginning of the trading date compared to the closed value of 14.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BMO Discount etf. Still, in general, we apply an absolute valuation method to find BMO Discount'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 Discount where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BMO Discount's related companies.
| Open | High | Low | Close | Volume | |
| 14.90 | 14.90 | 14.87 | 14.90 | 33,400 | |
10/10/2024 | 14.90 | 14.93 | 14.89 | 14.92 | 10,900 |
| 14.90 | 14.95 | 14.90 | 14.95 | 14,900 |
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BMO Discount Trading Date Momentum on October 10, 2024
| On October 11 2024 BMO Discount Bond was traded for 14.95 at the closing time. The maximum traded price for the trading interval was 14.95 and the lowest daily price was 14.90 . The daily volume was recorded at 14.9 K. The volume of trading on 11th of October 2024 played a part in the next trading day price boost. The trading date delta to the next closing price was 0.20% . The overall trading delta to the closing price today is 0.60% . |
BMO Discount Bond Fundamentals Correlations and Trends
By evaluating BMO Discount'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 Discount'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 Discount Etf history
BMO Discount 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 Discount Bond 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 Discount stock prices may prove useful in developing a viable investing in BMO Discount
BMO Discount Bond Index ETF seeks to replicate, to the extent possible, the performance of a discount bond index representing investment grade domestic bond issues denominated in Canadian dollars, net of expenses. BMO DISCOUNT is traded on Toronto Stock Exchange in Canada.
BMO Discount Etf Technical Analysis
BMO Discount 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 Discount Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BMO Discount Bond 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 Discount December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BMO Discount 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 Discount shares will generate the highest return on investment. By undertsting and applying BMO Discount etf market strength indicators, traders can identify BMO Discount Bond entry and exit signals to maximize returns
BMO Discount Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BMO Discount'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 | 0.0139 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.0116 |
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Other Information on Investing in BMO Etf
BMO Discount 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 Discount security.