Microsectors Big Banks Etf Profile
| BNKD Etf | USD 21.55 0.53 2.40% |
Performance0 of 100
| Odds Of DistressLess than 11
|
MicroSectors Big is trading at 21.55 as of the 27th of May 2024, a -2.4% down since the beginning of the trading day. The etf's lowest day price was 21.46. MicroSectors Big has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for MicroSectors Big Banks 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 27th of May 2024. Click here to learn more.
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. More on MicroSectors Big Banks
Moving against MicroSectors Etf
| 0.79 | VTV | Vanguard Value Index | PairCorr |
| 0.66 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.63 | IVV | iShares Core SP | PairCorr |
| 0.62 | VO | Vanguard Mid Cap | PairCorr |
| 0.61 | VTI | Vanguard Total Stock | PairCorr |
| 0.6 | SPY | SPDR SP 500 | PairCorr |
| 0.41 | VB | Vanguard Small Cap | PairCorr |
MicroSectors 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. MicroSectors Big's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MicroSectors Big or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Financials ETFs, Sector ETFs, Trading--Inverse Equity, BMO Capital Markets (View all Sectors) |
| Issuer | Bank of Montreal |
| Inception Date | 2019-04-02 |
| Benchmark | Solactive MicroSectors U.S. Big Banks Index |
| Entity Type | Exchange-Traded Note |
| Asset Type | Equity |
| Category | Sector |
| Focus | Financials |
| Market Concentration | Developed Markets |
| Region | North America |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Flow Traders |
| Country Name | USA |
| Returns Y T D | (30.26) |
| Name | MicroSectors US Big Banks Index 3X Inverse Leveraged |
| Currency Code | USD |
| Open Figi | BBG00NS9ZBC3 |
| In Threey Volatility | 79.52 |
| 1y Volatility | 75.44 |
| 200 Day M A | 41.3654 |
| 50 Day M A | 23.5405 |
| Code | BNKD |
| Updated At | 26th of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.15) |
| Type | ETF |
MicroSectors Big Banks [BNKD] is traded in USA and was established 2019-04-02. The fund is listed under Trading--Inverse Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Financials ETFs. MicroSectors Big Banks currently have 15.49 M in assets under management (AUM). , while the total return for the last 3 years was -31.1%.
Check MicroSectors Big Probability Of Bankruptcy
Top MicroSectors Big Banks Etf Constituents
| BAC | Bank of America | Stock | Financials |
| C | Citigroup | Stock | Financials |
| GS | Goldman Sachs Group | Stock | Financials |
| JPM | JPMorgan Chase Co | Stock | Financials |
| MS | Morgan Stanley | Stock | Financials |
| PNC | PNC Financial Services | Stock | Financials |
| SCHW | Charles Schwab Corp | Stock | Financials |
MicroSectors Big Banks Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. MicroSectors Big market risk premium is the additional return an investor will receive from holding MicroSectors Big 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 MicroSectors Big. 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 MicroSectors Big's alpha and beta are two of the key measurements used to evaluate MicroSectors Big's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.1209 |
MicroSectors Big Against Markets
Picking the right benchmark for MicroSectors Big 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 MicroSectors Big 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 MicroSectors Big is critical whether you are bullish or bearish towards MicroSectors Big Banks at a given time. Please also check how MicroSectors Big'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 MicroSectors Big 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 MicroSectors Etf?
Before investing in MicroSectors Big, 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 MicroSectors Big. To buy MicroSectors Big etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MicroSectors Big. 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 MicroSectors Big etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MicroSectors Big Banks 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 MicroSectors Big Banks 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 MicroSectors Big Banks, 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. For more information on how to buy MicroSectors Etf please use our How to Invest in MicroSectors Big guide.
Already Invested in MicroSectors Big Banks?
The danger of trading MicroSectors Big Banks 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 MicroSectors Big 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 MicroSectors Big. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MicroSectors Big Banks 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.
When determining whether MicroSectors Big Banks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Big Banks Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Big Banks Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MicroSectors Big Banks. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of MicroSectors Big Banks is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Big's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Big'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 MicroSectors Big's market value can be influenced by many factors that don't directly affect MicroSectors Big'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 MicroSectors Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Big'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.