Bank Of Montreal Stock Market Value

BMO
 Stock
  

USD 96.32  1.51  1.54%   

Bank Of Montreal's market value is the price at which a share of Bank Of Montreal stock trades on a public exchange. It measures the collective expectations of Bank Of Montreal investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bank Of Montreal and determine expected loss or profit from investing in Bank Of Montreal over a given investment horizon. Continue to Bank Of Montreal Correlation, Bank Of Montreal Volatility and Bank Of Montreal Alpha and Beta module to complement your research on Bank Of Montreal.
Symbol


Is Bank Of Montreal's industry 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 Of Montreal 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 YOY
(0.43) 
Market Capitalization
66.4 B
Quarterly Revenue Growth YOY
(0.22) 
Return On Assets
0.011
Return On Equity
0.18
The market value of Bank Of Montreal is measured differently than its book value, which is the value of Bank Of Montreal 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 Bank Of Montreal value 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.

Bank Of Montreal 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bank Of Montreal's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bank Of Montreal.
0.00
10/02/2022
No Change 0.00  0.0 
In 2 months and 1 day
12/01/2022
0.00
If you would invest  0.00  in Bank Of Montreal on October 2, 2022 and sell it all today you would earn a total of 0.00 from holding Bank Of Montreal or generate 0.0% return on investment in Bank Of Montreal over 60 days. Bank Of Montreal is related to or competes with Procter Gamble. Bank of Montreal provides diversified financial services primarily in North America More

Bank Of Montreal Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bank Of Montreal's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bank Of Montreal upside and downside potential and time the market with a certain degree of confidence.

Bank Of Montreal Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank Of Montreal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bank Of Montreal's standard deviation. In reality, there are many statistical measures that can use Bank Of Montreal historical prices to predict the future Bank Of Montreal's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bank Of Montreal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Bank Of Montreal in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
95.9197.8399.75
Details
Intrinsic
Valuation
LowReal ValueHigh
88.05108.25110.17
Details
Naive
Forecast
LowNext ValueHigh
94.5696.4998.41
Details
8 Analysts
Consensus
LowTarget PriceHigh
112.50121.95133.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bank Of Montreal. Your research has to be compared to or analyzed against Bank Of Montreal's peers to derive any actionable benefits. When done correctly, Bank Of Montreal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bank Of Montreal.

Bank Of Montreal Backtested Returns

We consider Bank Of Montreal very steady. Bank Of Montreal secures Sharpe Ratio (or Efficiency) of 0.0634, which signifies that the company had 0.0634% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Bank Of Montreal, which you can use to evaluate the future volatility of the firm. Please confirm Bank Of Montreal Risk Adjusted Performance of 0.0263, mean deviation of 1.55, and Downside Deviation of 1.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Bank Of Montreal has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1744, which signifies a somewhat significant risk relative to the market. Let's try to break down what Bank Of Montreal's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bank Of Montreal will likely underperform. Although it is important to respect Bank Of Montreal historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Bank Of Montreal technical indicators, you can presently evaluate if the expected return of 0.12% will be sustainable into the future. Bank Of Montreal right now shows a risk of 1.94%. Please confirm Bank Of Montreal coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Bank Of Montreal will be following its price patterns.

Auto-correlation

    
  -0.12  

Insignificant reverse predictability

Bank Of Montreal has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bank Of Montreal time series from 2nd of October 2022 to 1st of November 2022 and 1st of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bank Of Montreal price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Bank Of Montreal price fluctuation can be explain by its past prices.
Correlation Coefficient-0.12
Spearman Rank Test0.22
Residual Average0.0
Price Variance8.39

Bank Of Montreal lagged returns against current returns

Autocorrelation, which is Bank Of Montreal stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bank Of Montreal's stock expected returns. We can calculate the autocorrelation of Bank Of Montreal returns to help us make a trade decision. For example, suppose you find that Bank Of Montreal stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Bank Of Montreal regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bank Of Montreal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bank Of Montreal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bank Of Montreal stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Bank Of Montreal Lagged Returns

When evaluating Bank Of Montreal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bank Of Montreal stock have on its future price. Bank Of Montreal autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bank Of Montreal autocorrelation shows the relationship between Bank Of Montreal stock current value and its past values and can show if there is a momentum factor associated with investing in Bank Of Montreal.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bank Of Montreal 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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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 Of Montreal

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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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Bank Of Montreal Correlation, Bank Of Montreal Volatility and Bank Of Montreal Alpha and Beta module to complement your research on Bank Of Montreal. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for analysis

When running Bank Of Montreal price analysis, check to measure Bank Of Montreal'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 Bank Of Montreal is operating at the current time. Most of Bank Of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank Of Montreal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bank Of Montreal's price. Additionally, you may evaluate how the addition of Bank Of Montreal to your portfolios can decrease your overall portfolio volatility.
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Bank Of Montreal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank Of Montreal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank Of Montreal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...