Bmo Covered Call Etf Buy Hold or Sell Recommendation
| ZWK Etf | CAD 20.89 0.27 1.28% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding BMO Covered Call is 'Not Rated'. Macroaxis provides BMO Covered buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ZWK positions. The advice algorithm takes into account all of BMO Covered's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting BMO Covered's buy or sell advice are summarized below:
Real Value 2.48 | Hype Value 0.0 | Market Value 20.89 | Naive Value 21.39 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell BMO Covered Call given historical horizon and risk tolerance towards BMO Covered. When Macroaxis issues a 'buy' or 'sell' recommendation for BMO Covered Call, the advice is generated through an automated system that utilizes algorithms and statistical models.
BMO |
Execute BMO Covered Buy or Sell Advice
The BMO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BMO Covered Call. Macroaxis does not own or have any residual interests in BMO Covered Call or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BMO Covered's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
BMO Covered Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Closing Bell BMO Covered Call US Banks ETF up on Monday - The Globe and Mail | |
| The fund generated three year return of -4.0% | |
| BMO Covered Call keeps all of its net assets in stocks |
BMO Covered Returns Distribution Density
The distribution of BMO Covered's historical returns is an attempt to chart the uncertainty of BMO Covered's future price movements. The chart of the probability distribution of BMO Covered daily returns describes the distribution of returns around its average expected value. We use BMO Covered Call price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BMO Covered returns is essential to provide solid investment advice for BMO Covered.
| Mean Return | 0.16 | Value At Risk | -1.75 | Potential Upside | 1.79 | Standard Deviation | 1.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BMO Covered historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BMO Covered Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BMO Covered or BMO Asset Management Inc sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BMO Covered's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BMO etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.1 | |
β | Beta against NYSE Composite | 0.73 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | 0.08 |
BMO Covered Volatility Alert
BMO Covered Call has low volatility with Treynor Ratio of 0.21, Maximum Drawdown of 4.24 and kurtosis of -0.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BMO Covered's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BMO Covered's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BMO Covered Fundamentals Vs Peers
Comparing BMO Covered's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BMO Covered's direct or indirect competition across all of the common fundamentals between BMO Covered and the related equities. This way, we can detect undervalued stocks with similar characteristics as BMO Covered or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of BMO Covered's fundamental indicators could also be used in its relative valuation, which is a method of valuing BMO Covered by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare BMO Covered to competition |
| Fundamentals | BMO Covered | Peer Average |
| Beta | 1.53 | |
| Annual Yield | 0.07 % | 0.28 % |
| One Year Return | 27.60 % | (0.97) % |
| Three Year Return | (3.90) % | 3.23 % |
| Five Year Return | 0.10 % | 1.12 % |
| Net Asset | 249.89 M | 2.29 B |
| Last Dividend Paid | 0.16 | 0.14 |
| Equity Positions Weight | 100.00 % | 52.82 % |
BMO Covered Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BMO . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About BMO Covered Buy or Sell Advice
When is the right time to buy or sell BMO Covered Call? Buying financial instruments such as BMO Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having BMO Covered in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Check out BMO Covered Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.