Bmo Equal Weight Etf Profile

ZUB Etf  CAD 27.05  0.51  1.92%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
BMO Equal is selling at 27.05 as of the 28th of March 2024; that is 1.92 percent up since the beginning of the trading day. The etf's open price was 26.54. BMO Equal has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for BMO Equal Weight are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged , net of expenses. BMO EQL is traded on Toronto Stock Exchange in Canada. The company has 0 outstanding shares. More on BMO Equal Weight

Moving together with BMO Etf

  0.91ZEB BMO SPTSX EqualPairCorr
  0.87XFN IShares SPTSX CappedPairCorr
  0.98ZBK BMO Equal WeightPairCorr
  0.92HCA Hamilton Canadian BankPairCorr
  0.96ZWK BMO Covered CallPairCorr
  0.94CIC CI Canadian BanksPairCorr

Moving against BMO Etf

  0.87HED BetaPro SPTSX CappedPairCorr
  0.87HXD BetaPro SPTSX 60PairCorr
  0.71HIU BetaPro SP 500PairCorr
  0.53HQD BetaPro NASDAQ-100 -2xPairCorr

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 Equal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BMO Equal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationFinancial Services Equity, BMO Asset Management Inc (View all Sectors)
Updated At27th of March 2024
BMO Equal Weight [ZUB] is traded in Canada and was established 2010-05-19. The fund is listed under Financial Services Equity category and is part of BMO Asset Management Inc family. BMO Equal Weight at this time have 451.49 M in net assets. with the current yeild of 0.04%, while the total return for the last 3 years was -3.8%.
Check BMO Equal Probability Of Bankruptcy

Top BMO Equal Weight Etf Constituents

ZBKBMO Equal WeightEtfFinancial Services Equity
ZEBBMO SPTSX EqualEtfFinancial Services Equity
More Details

BMO Equal Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of BMO Equal jumping above the current price in 90 days from now is near 1%. The BMO Equal Weight probability density function shows the probability of BMO Equal etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BMO Equal Weight has a beta of -0.1483. This usually means as returns on benchmark increase, returns on holding BMO Equal are expected to decrease at a much lower rate. During the bear market, however, BMO Equal Weight is likely to outperform the market. Additionally, bMO Equal Weight has an alpha of 0.1548, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 27.05HorizonTargetOdds Above 27.05
99.58%90 days
 27.05 
0.41%
Based on a normal probability distribution, the odds of BMO Equal to move above the current price in 90 days from now is near 1 (This BMO Equal Weight probability density function shows the probability of BMO Etf to fall within a particular range of prices over 90 days) .

BMO Equal Weight Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BMO Equal market risk premium is the additional return an investor will receive from holding BMO Equal 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 Equal. 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 Equal's alpha and beta are two of the key measurements used to evaluate BMO Equal's performance over the market, the standard measures of volatility play an important role as well.

BMO Equal Weight Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. BMO Equal Weight Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe BMO Equal price patterns.

BMO Equal Against Markets

Picking the right benchmark for BMO Equal 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 Equal 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 Equal is critical whether you are bullish or bearish towards BMO Equal Weight at a given time. Please also check how BMO Equal'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 Equal 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.

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How to buy BMO Etf?

Before investing in BMO Equal, 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 Equal. To buy BMO Equal etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BMO Equal. 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 Equal etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BMO Equal Weight 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 Equal Weight 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 Equal Weight, 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 Equal Weight?

The danger of trading BMO Equal Weight 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 Equal 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 Equal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BMO Equal Weight 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 Equal Weight. 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.
Note that the BMO Equal Weight information on this page should be used as a complementary analysis to other BMO Equal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running BMO Equal's price analysis, check to measure BMO Equal'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 Equal is operating at the current time. Most of BMO Equal's value examination focuses on studying past and present price action to predict the probability of BMO Equal'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 Equal's price. Additionally, you may evaluate how the addition of BMO Equal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BMO Equal's value and its price as these two are different measures arrived at by different means. Investors typically determine if BMO Equal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BMO Equal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.