Bank Dividend Yield vs Price to Sales Ratio Analysis

BMO Stock  USD 97.68  1.30  1.35%   
Bank Of Montreal financial indicator trend analysis is way more than just evaluating Bank Of Montreal prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank Of Montreal is a good investment. Please check the relationship between Bank Of Montreal Dividend Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Montreal guide.

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price to Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank Of Montreal Dividend Yield account and Price to Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bank Of Montreal's Dividend Yield and Price to Sales Ratio is -0.35. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of Bank Of Montreal, assuming nothing else is changed. The correlation between historical values of Bank Of Montreal's Dividend Yield and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Bank Of Montreal are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Dividend Yield i.e., Bank Of Montreal's Dividend Yield and Price to Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Bank Of Montreal dividend as a percentage of Bank Of Montreal stock price. Bank Of Montreal dividend yield is a measure of Bank Of Montreal stock productivity, which can be interpreted as interest rate earned on an Bank Of Montreal investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Bank Of Montreal stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Bank Of Montreal sales, a figure that is much harder to manipulate than other Bank Of Montreal multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.
Most indicators from Bank Of Montreal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank Of Montreal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Montreal guide.As of the 29th of March 2024, Selling General Administrative is likely to grow to about 39.7 B. Also, Tax Provision is likely to grow to about 2 B
 2021 2022 2024 (projected)
EBIT28.9B5.9B11.6B
Operating Income28.9B5.9B11.1B

Bank Of Montreal fundamental ratios Correlations

0.291.00.310.220.330.540.42-0.010.130.520.590.650.471.00.280.680.690.15-0.070.630.70.340.320.840.71
0.290.320.950.990.510.020.920.840.40.910.470.830.020.290.910.790.80.390.21-0.270.77-0.12-0.170.450.19
1.00.320.330.260.360.510.440.020.170.550.60.660.441.00.310.710.70.18-0.040.620.710.310.280.840.68
0.310.950.330.930.360.170.970.710.250.840.540.830.170.310.970.710.80.240.09-0.130.770.050.010.480.31
0.220.990.260.930.49-0.030.890.860.40.870.440.79-0.030.220.880.750.750.380.23-0.340.73-0.15-0.210.380.15
0.330.510.360.360.49-0.550.330.560.970.460.130.25-0.60.330.360.560.240.960.77-0.30.23-0.73-0.730.09-0.23
0.540.020.510.17-0.03-0.550.28-0.32-0.720.250.330.520.990.540.160.170.56-0.71-0.740.710.580.970.930.760.84
0.420.920.440.970.890.330.280.570.190.890.660.880.270.420.930.770.860.210.010.060.830.160.140.580.42
-0.010.840.020.710.860.56-0.320.570.520.630.080.52-0.31-0.010.690.540.480.480.38-0.70.47-0.43-0.530.11-0.15
0.130.40.170.250.40.97-0.720.190.520.30.040.06-0.770.130.230.40.040.990.84-0.420.02-0.86-0.85-0.14-0.4
0.520.910.550.840.870.460.250.890.630.30.530.920.210.520.80.920.910.30.00.020.890.070.020.650.35
0.590.470.60.540.440.130.330.660.080.040.530.550.290.590.530.670.550.09-0.110.470.520.260.320.430.43
0.650.830.660.830.790.250.520.880.520.060.920.550.50.650.780.831.00.05-0.170.180.990.350.280.830.65
0.470.020.440.17-0.03-0.60.990.27-0.31-0.770.210.290.50.470.170.120.54-0.76-0.740.670.550.980.930.720.84
1.00.291.00.310.220.330.540.42-0.010.130.520.590.650.470.280.680.690.15-0.070.630.70.350.320.840.71
0.280.910.310.970.880.360.160.930.690.230.80.530.780.170.280.670.770.230.12-0.120.740.050.010.460.31
0.680.790.710.710.750.560.170.770.540.40.920.670.830.120.680.670.820.410.090.140.81-0.02-0.060.630.32
0.690.80.70.80.750.240.560.860.480.040.910.551.00.540.690.770.820.04-0.190.231.00.380.310.870.67
0.150.390.180.240.380.96-0.710.210.480.990.30.090.05-0.760.150.230.410.040.81-0.380.02-0.84-0.81-0.14-0.37
-0.070.21-0.040.090.230.77-0.740.010.380.840.0-0.11-0.17-0.74-0.070.120.09-0.190.81-0.44-0.2-0.81-0.8-0.31-0.4
0.63-0.270.62-0.13-0.34-0.30.710.06-0.7-0.420.020.470.180.670.63-0.120.140.23-0.38-0.440.240.670.720.560.61
0.70.770.710.770.730.230.580.830.470.020.890.520.990.550.70.740.811.00.02-0.20.240.40.320.890.68
0.34-0.120.310.05-0.15-0.730.970.16-0.43-0.860.070.260.350.980.350.05-0.020.38-0.84-0.810.670.40.980.590.75
0.32-0.170.280.01-0.21-0.730.930.14-0.53-0.850.020.320.280.930.320.01-0.060.31-0.81-0.80.720.320.980.510.73
0.840.450.840.480.380.090.760.580.11-0.140.650.430.830.720.840.460.630.87-0.14-0.310.560.890.590.510.79
0.710.190.680.310.15-0.230.840.42-0.15-0.40.350.430.650.840.710.310.320.67-0.37-0.40.610.680.750.730.79
Click cells to compare fundamentals

Bank Of Montreal Account Relationship Matchups

Bank Of Montreal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets852.2B949.3B988.2B1.1T1.3T626.6B
Short Long Term Debt Total187.0B189.8B222.6B248.7B286.0B300.3B
Total Stockholder Equity51.1B56.6B57.5B71.0B77.0B35.4B
Property Plant And Equipment Net4.9B4.9B5.1B6.4B7.3B7.7B
Net Debt120.6B88.2B129.4B166.7B191.7B201.3B
Retained Earnings28.7B30.7B35.5B45.1B44.9B6.3B
Cash56.8B66.4B101.6B93.2B82.1B383.7B
Non Current Assets Total248.0B245.2B285.5B350.7B403.3B423.5B
Non Currrent Assets Other(1.5B)(1.3B)(1.2B)(3.1B)(2.8B)(2.9B)
Other Assets523.9B600.0B614.3B727.4B816.5B24.5B
Cash And Short Term Investments95.2B122.0B118.2B114.3B131.5B138.0B
Common Stock Shares Outstanding642.1M648.7M665.7M720M828M637.8M
Liabilities And Stockholders Equity949.3B988.2B1.1T1.3T1.5T1.6T
Non Current Liabilities Total106.0B103.7B113.0B140.2B161.2B169.3B
Other Stockholder Equity283M2.2B2.2B4.0B4.0B27.2B
Total Liab801.1B892.7B930.7B1.1T1.2T590.8B
Property Plant And Equipment Gross4.9B10.0B11.2B13.2B15.2B16.0B
Total Current Assets101.2B128.7B126.3B126.1B145.0B90.6B
Total Current Liabilities94.2B100.1B113.0B128.3B147.5B154.9B
Accounts Payable12.5B13.0B13.8B16.9B19.7B1.1B
Net Receivables6.0B5.9B6.7B8.1B11.8B990.9M
Other Current Assets295.6B334.1B335.9B342.2B393.5B315.0B
Short Term Debt81.2B86.3B96.1B108.5B124.8B131.1B
Other Current Liab(93.6B)(94.2B)(100.1B)(113.0B)(128.3B)636.2B
Other Liab11.7B4.8B4.8B11.5B19.1B208.5B
Net Tangible Assets37.6B42.9B46.2B60.9B51.8B62.2B
Long Term Debt29.4B29.8B25.1B25.9B136.7B109.4B
Good Will6.3B6.5B5.4B5.3B16.7B4.1B
Short Term Investments28.8B20.4B25.0B32.3B37.1B37.2B
Inventory(295.6B)(334.1B)(335.9B)(342.2B)(308.0B)(292.6B)
Long Term Investments189.4B234.3B232.7B272.9B322.4B999.0B
Short Long Term Debt28.6B86.3B96.1B108.5B124.8B131.1B
Accumulated Other Comprehensive Income5.5B2.6B1.6B1.9B2.1B1.2B
Intangible Assets2.4B2.4B2.3B2.2B5.2B2.0B
Common Stock13.0B13.5B13.6B17.7B22.9B10.7B
Property Plant Equipment2.9B4.9B4.9B4.8B6.4B18.1B
Long Term Debt Total29.4B32.2B27.8B28.8B33.1B30.2B

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

  0.82RY Royal Bank Financial Report 23rd of May 2024 PairCorr
  0.75TD Toronto Dominion Bank Financial Report 23rd of May 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Bank Of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank Of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Bank Stock, please use our How to Invest in Bank Of Montreal guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Bank Of Montreal's 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 the 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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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 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
11.567
Dividend Share
5.88
Earnings Share
5.35
Revenue Per Share
43.463
Quarterly Revenue Growth
0.443
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.