Bmo Equal Weight Etf Profile
| ZUH Etf | CAD 67.72 0.49 0.72% |
Performance0 of 100
| Odds Of DistressLess than 9
|
BMO Equal is selling at 67.72 as of the 16th of April 2024; that is -0.72 percent decrease since the beginning of the trading day. The etf's open price was 68.21. BMO Equal 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 Equal Weight are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
The BMO Equal Weight US Health Care Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Health Care Index Canadian Dollar Hedged, net of expenses. BMO EQL is traded on Toronto Stock Exchange in Canada. More on BMO Equal Weight
Moving together with BMO Etf
| 0.65 | TXF | First Asset Tech | 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 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 Concentration | Sector Equity, BMO Asset Management Inc (View all Sectors) |
| Updated At | 15th of April 2024 |
BMO Equal Weight [ZUH] is traded in Canada and was established 2010-05-19. The fund is listed under Sector Equity category and is part of BMO Asset Management Inc family. BMO Equal Weight at this time have 503.51 M in net assets. , while the total return for the last 3 years was -2.5%.
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Top BMO Equal Weight Etf Constituents
| ISRG | Intuitive Surgical | Stock | Health Care |
| IDXX | IDEXX Laboratories | Stock | Health Care |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care |
| WAT | Waters | Stock | Health Care |
| VTRS | Viatris | Stock | Health Care |
| MOH | Molina Healthcare | Stock | Health Care |
| BRKR | Bruker | Stock | Health Care |
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 close to 99%. 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 has a beta of 0.9747. This usually means BMO Equal Weight market returns are highly reactive to returns on the market. As the market goes up or down, BMO Equal is expected to follow. Additionally, bMO Equal Weight has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BMO Equal to move above the current price in 90 days from now is close to 99 (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.
| Mean Deviation | 0.5703 | |||
| Standard Deviation | 0.7408 | |||
| Variance | 0.5488 | |||
| Risk Adjusted Performance | (0.03) |
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.Did you try this?
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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.