BMO Inter Risk Analysis And Volatility

BMO
BITAX -- USA Fund  

USD 11.58  0.01  0.09%

We consider BMO Inter very steady. BMO Inter Tax secures Sharpe Ratio (or Efficiency) of 0.0967 which signifies that the fund had 0.0967% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for BMO Inter Tax Free Fund Class A which you can use to evaluate future volatility of the entity. Please confirm BMO Inter Tax Mean Deviation of 0.0653 and Risk Adjusted Performance of (0.012753) to double-check if risk estimate we provide are consistent with the epected return of 0.0097%.

90 Days Market Risk

Very steady

Chance of Distress

Very Small

90 Days Economic Sensitivity

Moves indifferently to market moves
Horizon     30 Days    Login   to change

BMO Inter Market Sensitivity

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.
3 Months Beta |Analyze BMO Inter Tax Demand Trend
Check current 30 days BMO Inter correlation with market (DOW)
β = -0.015

BMO Inter Central Daily Price Deviation

BMO Inter Tax Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of BMO Inter Tax price series. View also all equity analysis or get more info about median price price transform indicator.

BMO Inter Projected Return Density Against Market

Assuming 30 trading days horizon, BMO Inter Tax Free Fund Class A has beta of -0.015 . This suggests as returns on benchmark increase, returns on holding BMO Inter are expected to decrease at a much smaller rate. During bear market, however, BMO Inter Tax Free Fund Class A is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. BMO Inter Tax is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of BMO Inter is 1034.56. The daily returns are destributed with a variance of 0.01 and standard deviation of 0.1. The mean deviation of BMO Inter Tax Free Fund Class A is currently at 0.07. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.003
β
Beta against DOW=0.01
σ
Overall volatility
=0.10
Ir
Information ratio =1.17

BMO Inter Return Volatility

the fund shows 0.1003% volatility of returns over 30 trading days. the entity inherits 0.4734% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

BMO Inter Investment Opportunity

DOW has a standard deviation of returns of 0.47 and is 4.7 times more volatile than BMO Inter Tax Free Fund Class A. of all equities and portfolios are less risky than BMO Inter. Compared to the overall equity markets, volatility of historical daily returns of BMO Inter Tax Free Fund Class A is lower than 0 () of all global equities and portfolios over the last 30 days. Use BMO Inter Tax Free Fund Class A to enhance returns of your portfolios. The mutual fund experiences normal upward fluctuation. Check odds of BMO Inter to be traded at $12.16 in 30 days. . 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.

BMO Inter correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding BMO Inter Tax Free Fund Class and equity matching DJI index in the same portfolio.

BMO Inter Current Risk Indicators

BMO Inter Suggested Diversification Pairs

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