Bmo Long Federal Etf Profile
ZFL Etf | CAD 12.95 0.10 0.78% |
Performance0 of 100
| Odds Of DistressLess than 9
|
BMO Long is selling at 12.95 as of the 29th of March 2024; that is 0.78 percent up since the beginning of the trading day. The etf's open price was 12.85. BMO Long has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BMO Long Federal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
BMO Long Federal Bond Index ETF seeks to replicate, to the extent possible, the performance of a long term federal bond index, net of expenses. BMO LONG is traded on Toronto Stock Exchange in Canada. The company has 0 outstanding shares. More on BMO Long Federal
Moving together with BMO Etf
0.88 | XLB | IShares Core Canadian | PairCorr |
0.99 | ZPL | BMO Long Provincial | PairCorr |
0.73 | ZLC | BMO Long Corporate | PairCorr |
0.88 | VLB | Vanguard Canadian | PairCorr |
Moving against BMO Etf
0.59 | DRMU | Desjardins RI USA | PairCorr |
0.47 | DRFG | Desjardins RI Global | PairCorr |
BMO Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BMO Long's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BMO Long or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Canadian Long Term Fixed Income, BMO Asset Management Inc (View all Sectors) |
Updated At | 28th of March 2024 |
BMO Long Federal [ZFL] is traded in Canada and was established 2010-05-19. The fund is listed under Canadian Long Term Fixed Income category and is part of BMO Asset Management Inc family. BMO Long Federal at this time have 2.21 B in net assets. with the current yeild of 0.03%, while the total return for the last 3 years was -6.2%.
Check BMO Long Probability Of Bankruptcy
Top BMO Long Federal Etf Constituents
Canada (Government of) 3.5% | 15.720001% |
Canada (Government of) 5.75% | 7.7% |
Muskrat Falls/Labrador Transmission Assets Funding Trust 3.83% | 0.99% |
Labrador Island Link Funding Trust 3.85% | 3.64% |
Canada (Government of) | 8.59% |
Muskrat Falls/Labrador Transmission Assets Funding Trust 3.86% | 1.82% |
Canada (Government of) 2.75% | 9.99% |
BMO Long Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of BMO Long jumping above the current price in 90 days from now is about 58.2%. The BMO Long Federal probability density function shows the probability of BMO Long etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BMO Long has a beta of 0.1777. This usually means as returns on the market go up, BMO Long average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BMO Long Federal will be expected to be much smaller as well. Additionally, bMO Long Federal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of BMO Long to move above the current price in 90 days from now is about 58.2 (This BMO Long Federal probability density function shows the probability of BMO Etf to fall within a particular range of prices over 90 days) .
BMO Long Top Holders
ZAG | BMO Aggregate Bond | Etf | Canadian Fixed Income |
BMO Long Federal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BMO Long market risk premium is the additional return an investor will receive from holding BMO Long long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BMO Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BMO Long's alpha and beta are two of the key measurements used to evaluate BMO Long's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.7214 | |||
Standard Deviation | 0.8917 | |||
Variance | 0.7951 | |||
Risk Adjusted Performance | (0.05) |
BMO Long Federal Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. BMO Long Federal Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe BMO Long price patterns.
BMO Long Against Markets
Picking the right benchmark for BMO Long etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BMO Long etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BMO Long is critical whether you are bullish or bearish towards BMO Long Federal at a given time. Please also check how BMO Long's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in BMO Long without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy BMO Etf?
Before investing in BMO Long, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BMO Long. To buy BMO Long etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BMO Long. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BMO Long etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BMO Long Federal etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BMO Long Federal etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as BMO Long Federal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in BMO Long Federal?
The danger of trading BMO Long Federal is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BMO Long is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BMO Long. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BMO Long Federal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BMO Long Federal. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for BMO Etf analysis
When running BMO Long's price analysis, check to measure BMO Long's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BMO Long is operating at the current time. Most of BMO Long's value examination focuses on studying past and present price action to predict the probability of BMO Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BMO Long's price. Additionally, you may evaluate how the addition of BMO Long to your portfolios can decrease your overall portfolio volatility.
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