Bmo Junior Gold Etf Performance
| ZJG Etf | CAD 96.14 0.21 0.22% |
The etf shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BMO Junior's returns are expected to increase less than the market. However, during the bear market, the loss of holding BMO Junior is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in BMO Junior Gold are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, BMO Junior displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | CIP Merchant Capital Stock Price Up 25 percent - Defense World | 09/30/2024 |
| In Threey Sharp Ratio | 0.54 |
BMO |
BMO Junior Relative Risk vs. Return Landscape
If you would invest 8,535 in BMO Junior Gold on September 2, 2024 and sell it today you would earn a total of 1,079 from holding BMO Junior Gold or generate 12.64% return on investment over 90 days. BMO Junior Gold is generating 0.207% of daily returns assuming 2.0582% volatility of returns over the 90 days investment horizon. Simply put, 18% of all etfs have less volatile historical return distribution than BMO Junior, and 96% 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 Junior Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Junior's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Junior Gold, and traders can use it to determine the average amount a BMO Junior'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 = 0.1006
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average BMO Junior is performing at about 7% 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 Junior by adding it to a well-diversified portfolio.
BMO Junior Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Junior, and BMO Junior 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 | 83.24 M | |||
About BMO Junior Performance
By examining BMO Junior's fundamental ratios, stakeholders can obtain critical insights into BMO Junior'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 Junior 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.
The investment seeks to replicate, net of expenses, the Dow Jones North American Select Junior Gold Index. BMO JUNIOR is traded on Toronto Stock Exchange in Canada.| The fund keeps 99.94% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO Junior 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 Junior security.