Bank Of Montreal Stock Price on May 12, 2024
| BMO Stock | USD 87.53 1.41 1.59% |
Below is the normalized historical share price chart for Bank of Montreal extending back to October 27, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of Montreal stands at 87.53, as last reported on the 5th of June, with the highest price reaching 87.53 and the lowest price hitting 87.53 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of Montreal secures Sharpe Ratio (or Efficiency) of -0.0518, which signifies that the company had a -0.0518% return per unit of risk over the last 3 months. Bank of Montreal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Montreal's Standard Deviation of 1.53, risk adjusted performance of (0), and Mean Deviation of 0.8999 to double-check the risk estimate we provide.
At this time, Bank of Montreal's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Bank of Montreal's Price Book Value Ratio is very stable compared to the past year. As of the 5th of June 2024, Price To Free Cash Flows Ratio is likely to grow to 20.50, while Price To Sales Ratio is likely to drop 2.01. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of October 1994 | 200 Day MA 89.2903 | 50 Day MA 93.398 | Beta 1.186 |
Bank |
Sharpe Ratio = -0.0518
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| Negative Returns | BMO |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank of Montreal is not performing at its full potential. However, 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 Bank of Montreal by adding Bank of Montreal to a well-diversified portfolio.
Price Book 1.2493 | Price Sales 2.1779 | Shares Float 728.6 M | Dividend Share 5.96 | Wall Street Target Price 94.56 |
Bank of Montreal Valuation on May 12, 2024
It is possible to determine the worth of Bank of Montreal on a given historical date. On May 12, 2024 Bank was worth 93.72 at the beginning of the trading date compared to the closed value of 93.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Montreal stock. Still, in general, we apply an absolute valuation method to find Bank of Montreal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of Montreal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Montreal's related companies.
| Open | High | Low | Close | Volume | |
| 92.99 | 94.02 | 92.93 | 93.19 | 778,107 | |
05/10/2024 | 93.72 | 94.27 | 93.50 | 93.75 | 3,098,211 |
| 93.95 | 94.50 | 93.85 | 94.11 | 656,597 |
| Backtest Bank of Montreal | | | Bank of Montreal History | | | Bank of Montreal Valuation | Previous | Next |
Bank of Montreal Trading Date Momentum on May 12, 2024
| On May 13 2024 Bank of Montreal was traded for 94.11 at the closing time. Highest Bank of Montreal's price during the trading hours was 94.50 and the lowest price during the day was 93.85 . The net volume was 656.6 K. The overall trading history on the 13th of May 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.38% . The overall trading delta to current price is 1.19% . |
Bank of Montreal Fundamentals Correlations and Trends
By evaluating Bank of Montreal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of Montreal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of Montreal Stock history
Bank of Montreal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Montreal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of Montreal stock prices may prove useful in developing a viable investing in Bank of Montreal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 817.1 M | 637.5 M | |
| Net Income Applicable To Common Shares | 5.2 B | 3.9 B |
Bank of Montreal Stock Technical Analysis
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.
Price Boundaries
Bank of Montreal Period Price Range
Low | May 10, 2024
| High |
93.72 | 93.75 |
Bank of Montreal June 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Montreal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Montreal shares will generate the highest return on investment. By undertsting and applying Bank of Montreal stock market strength indicators, traders can identify Bank of Montreal entry and exit signals to maximize returns
| Accumulation Distribution | 25306.27 | |||
| Daily Balance Of Power | 0.039 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 93.89 | |||
| Day Typical Price | 93.84 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (6.22) | |||
| Relative Strength Index | 57.57 |
Bank of Montreal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Montreal's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.02) |
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Additional Information and Resources on Investing in Bank Stock
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Diversified Banks space 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 0.873 | Dividend Share 5.96 | Earnings Share 6.13 | Revenue Per Share 43.904 | Quarterly Revenue Growth 0.074 |
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.