BMO Inter Manager Performance Evaluation

BMO
BITAX -- USA Fund  

USD 11.58  0.01  0.09%

The organization shows Beta (market volatility) of -0.0249 which signifies that as returns on market increase, returns on owning BMO Inter are expected to decrease at a much smaller rate. During bear market, BMO Inter is likely to outperform the market. Although it is extremely important to respect BMO Inter Tax historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing BMO Inter Tax technical indicators you can today evaluate if the expected return of 0.0168% will be sustainable into the future.
1212

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BMO Inter Tax Free Fund Class A are ranked lower than 12 (%) of all funds and portfolios of funds over the last 30 days. Inspite fairly strong basic indicators, BMO Inter is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Fifty Two Week Low11.11
Fifty Two Week High11.60
Annual Report Expense Ratio0.54%
Horizon     30 Days    Login   to change

BMO Inter Tax Relative Risk vs. Return Landscape

If you would invest  1,147  in BMO Inter Tax Free Fund Class A on December 23, 2019 and sell it today you would earn a total of  12.00  from holding BMO Inter Tax Free Fund Class A or generate 1.05% return on investment over 30 days. BMO Inter Tax Free Fund Class A is currently producing 0.0168% returns and takes up 0.0918% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
    
  Risk (%) 
Assuming 30 trading days horizon, BMO Inter is expected to generate 8.49 times less return on investment than the market. But when comparing it to its historical volatility, the company is 5.22 times less risky than the market. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.3 of returns per unit of risk over similar time horizon.

BMO Inter Current Valuation

Overvalued
Today
11.58
January 22, 2020
10.64
Real Value
12.74
Upside
BMO Inter is very steady asset. BMO Inter Tax shows prevailing Real Value of $10.64 per share. The current price of the fund is $11.58. At this time the entity appears to be overvalued. We determine the value of BMO Inter Tax from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since in the future assets prices and their ongoing real values will blend.

BMO Inter Market Risk Analysis

Sharpe Ratio = 0.1834
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Based on monthly moving average BMO Inter is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BMO Inter by adding it to a well-diversified portfolio.

BMO Inter Alerts

Equity Alerts and Improvement Suggestions

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The fund holds about 99.15% of its assets under management (AUM) in fixed income securities
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