Bmo Growth Etf Performance
| ZGRO Etf | CAD 47.07 0.21 0.45% |
The etf shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BMO Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Growth is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BMO Growth ETF are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, BMO Growth may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | 0.49 |
BMO |
BMO Growth Relative Risk vs. Return Landscape
If you would invest 4,346 in BMO Growth ETF on September 12, 2024 and sell it today you would earn a total of 361.00 from holding BMO Growth ETF or generate 8.31% return on investment over 90 days. BMO Growth ETF is generating 0.1255% of daily returns and assumes 0.401% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than BMO, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BMO Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Growth's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Growth ETF, and traders can use it to determine the average amount a BMO Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.313
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Estimated Market Risk
| 0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average BMO Growth is performing at about 24% 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 Growth by adding it to a well-diversified portfolio.
BMO Growth Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Growth, and BMO Growth fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BMO Etf performance.
| Total Asset | 29.97 M | |||
About BMO Growth Performance
By examining BMO Growth's fundamental ratios, stakeholders can obtain critical insights into BMO Growth's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BMO Growth is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
BMO Growth ETF seeks to provide the 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 GROWTH is traded on Toronto Stock Exchange in Canada.| The fund keeps about 5.89% of its net assets in bonds |
Other Information on Investing in BMO Etf
BMO Growth 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 Growth security.