Bmo Equal Weight Etf Price on May 6, 2024
ZUH Etf | CAD 68.07 0.37 0.54% |
Below is the normalized historical share price chart for BMO Equal Weight extending back to May 26, 2010. 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 Equal stands at 68.07, as last reported on the 15th of December 2024, with the highest price reaching 68.25 and the lowest price hitting 67.92 during the day.
If you're considering investing in BMO Etf, it is important to understand the factors that can impact its price. BMO Equal Weight secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the etf had a -0.16% return per unit of risk over the last 3 months. BMO Equal Weight exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BMO Equal's risk adjusted performance of (0.09), and Mean Deviation of 0.5917 to double-check the risk estimate we provide.
BMO Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.92 | 200 Day MA 70.3002 | 1 y Volatility 14.14 | 50 Day MA 70.0306 | Inception Date 2010-05-19 |
BMO |
Sharpe Ratio = -0.1569
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Negative Returns | ZUH |
Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BMO Equal is not performing at its full potential. However, 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 Equal by adding BMO Equal to a well-diversified portfolio.
Average Mkt Cap Mil 50.3 K |
BMO Equal Valuation on May 6, 2024
It is possible to determine the worth of BMO Equal on a given historical date. On May 6, 2024 BMO was worth 69.05 at the beginning of the trading date compared to the closed value of 68.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BMO Equal etf. Still, in general, we apply an absolute valuation method to find BMO Equal'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 Equal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BMO Equal's related companies.
Open | High | Low | Close | Volume | |
68.66 | 68.66 | 68.52 | 68.52 | 400.00 | |
05/06/2024 | 69.05 | 69.05 | 68.36 | 68.62 | 1,300 |
68.74 | 69.02 | 68.74 | 69.00 | 900.00 |
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BMO Equal Trading Date Momentum on May 6, 2024
On May 07 2024 BMO Equal Weight was traded for 69.00 at the closing time. The maximum traded price for the trading interval was 69.02 and the lowest daily price was 68.74 . The daily volume was recorded at 900. The volume of trading on 7th of May 2024 played a part in the next trading day price boost. The trading date delta to the next closing price was 0.55% . The overall trading delta to the closing price today is 3.34% . |
BMO Equal Weight Fundamentals Correlations and Trends
By evaluating BMO Equal'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 Equal'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 Equal Etf history
BMO Equal 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 Equal Weight 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 Equal stock prices may prove useful in developing a viable investing in BMO Equal
The BMO Equal Weight US Health Care Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Health Care Index Canadian Dollar Hedged, net of expenses. BMO EQL is traded on Toronto Stock Exchange in Canada.
BMO Equal Etf Technical Analysis
BMO Equal 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 Equal Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
BMO Equal Weight 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 Equal December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how BMO Equal 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 Equal shares will generate the highest return on investment. By undertsting and applying BMO Equal etf market strength indicators, traders can identify BMO Equal Weight entry and exit signals to maximize returns
BMO Equal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BMO Equal'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 | (0.09) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.35) |
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Other Information on Investing in BMO Etf
BMO Equal 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 Equal security.