Bank Of Montreal Etf Profile

JETU Etf   28.13  1.07  3.95%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Bank of Montreal is selling for under 28.13 as of the 24th of November 2024; that is 3.95 percent up since the beginning of the trading day. The etf's last reported lowest price was 28.13. Bank of Montreal has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Bank of Montreal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2024 and ending today, the 24th of November 2024. Click here to learn more.
Bank of Montreal is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Bank of Montreal

Moving together with Bank Etf

  0.91SSO ProShares Ultra SP500PairCorr
  0.91SPXL Direxion Daily SP500PairCorr
  0.87QLD ProShares Ultra QQQPairCorr
  0.91UPRO ProShares UltraPro SP500PairCorr
  0.77TECL Direxion Daily TechnologyPairCorr

Moving against Bank Etf

  0.69NRGU Bank Of MontrealPairCorr
  0.41LABU Direxion Daily SPPairCorr
  0.39AMPD Tidal Trust IIPairCorr

Bank Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Industrials ETFs, Trading--Leveraged Equity, Metals & Mining, Materials, Materials (View all Sectors)
IssuerBank of Montreal
Inception Date2023-06-20
BenchmarkPrime Airlines Index
Entity TypeExchange-Traded Note
Asset Under Management4.32 Million
Asset TypeEquity
CategorySector
FocusIndustrials
Market ConcentrationDeveloped Markets
RegionNorth America
AdvisorBank of Montreal
ExchangeNYSE Arca, Inc.
Market MakerOld Mission
Total Expense0.95
Management Fee0.95
200 Day M A21.0751
Country NameUSA
50 Day M A23.8
CodeJETU
Updated At23rd of November 2024
Returns Y T D30.29
NameBank of Montreal
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01GWQNZ16
TypeETF
1y Volatility49.24
Bank of Montreal [JETU] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity category and is part of Metals & Mining family. The entity is thematically classified as Sector ETFs. Bank of Montreal currently have in assets under management (AUM). , while the total return for the last year was 67.1%.
Check Bank of Montreal Probability Of Bankruptcy

Top Bank of Montreal Etf Constituents

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RY4DRYANAIR HLDGS ADRStockAirlines
FWRDForward AirStockIndustrials
GEGE AerospaceStockIndustrials
GDGeneral DynamicsStockIndustrials
More Details

Bank of Montreal Risk Profiles

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 Bank of Montreal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Bank of Montreal Against Markets

When determining whether Bank of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Bank Etf please use our How to Invest in Bank of Montreal guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal'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.