Bank Cash And Short Term Investments from 2010 to 2024
| BMO Stock | USD 93.39 0.06 0.06% |
Cash And Short Term Investments | First Reported 1994-10-31 | Previous Quarter -79.9 B | Current Value -74.8 B | Quarterly Volatility 45.9 B |
Check Bank of Montreal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of Montreal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 B, Interest Expense of 0.0 or Selling General Administrative of 39.7 B, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0441 or PTB Ratio of 1.63. Bank financial statements analysis is a perfect complement when working with Bank of Montreal Valuation or Volatility modules.
Bank | Cash And Short Term Investments |
Latest Bank of Montreal's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Bank of Montreal over the last few years. Short Term Investments is an account in the current assets section of Bank of Montreal balance sheet. This account contains Bank of Montreal investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bank of Montreal fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Bank of Montreal's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of Montreal's overall financial position and show how it may be relating to other accounts over time.
| Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
| Timeline |
Bank Cash And Short Term Investments Regression Statistics
| Arithmetic Mean | 84,921,386,313 | |
| Geometric Mean | 73,885,228,528 | |
| Coefficient Of Variation | 45.56 | |
| Mean Deviation | 33,227,297,932 | |
| Median | 88,058,000,000 | |
| Standard Deviation | 38,689,648,146 | |
| Sample Variance | 1496888873.7T | |
| Range | 123.5B | |
| R-Value | 0.96 | |
| Mean Square Error | 136103083.9T | |
| R-Squared | 0.92 | |
| Slope | 8,278,005,311 | |
| Total Sum of Squares | 20956444231.6T |
Bank Cash And Short Term Investments History
About Bank of Montreal Financial Statements
Bank of Montreal investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Bank Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash And Short Term Investments | 131.5 B | 138 B |
Pair Trading with Bank of Montreal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.63 | C | Citigroup Sell-off Trend | PairCorr |
| 0.74 | CM | Canadian Imperial Bank Fiscal Year End 5th of December 2024 | PairCorr |
| 0.71 | RY | Royal Bank Fiscal Year End 5th of December 2024 | PairCorr |
| 0.77 | BML-PG | Bank of America | PairCorr |
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Bank of Montreal Correlation against competitors. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.17 | Dividend Share 6.04 | Earnings Share 6.29 | Revenue Per Share 43.316 | Quarterly Revenue Growth (0.04) |
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.