BAC vs BMO Pair Trader Performance: 6.93% vs 0.60%, 73% Correlation Comparison
Analyzing the performance of the financial sector, we can draw certain parallels and contrasts between BAC Pair Trader and BMO Pair Trader. The former's technical analysis (TA) presents an impressive yield of 6.93%, which significantly outperforms BMO Pair Trader's TA result of just 0.60%.
Diving deeper into the realm of automated trading, a comparison between Bot Trading Pair Trader and the conventional Pair Trader reveals an intriguing panorama. The effectiveness of these trading strategies heavily depends on market conditions, the algorithm's ability to accurately identify and capitalize on market inefficiencies, and the latency and computational power of the trading systems used. As such, the performance comparison of these trading strategies should be based on consistent, long-term results rather than short-term performance.
When it comes to price growth, BAC experienced a minor dip of -0.60% in the past week, contrasting with BMO's slight uptick of +1.86% over the same period. These weekly price changes situate both banks within the average weekly price movement across the @Major Banks industry, which was -0.48%. Looking at a broader perspective, the average monthly price growth in the industry stood at +0.22%, while the quarterly growth was recorded at +2.52%. These figures provide a lens into the broader market trends and underline the importance of considering the longer-term growth trajectories.
With respect to the upcoming earnings reports, BAC is slated to announce its figures on July 18, 2023, while BMO will do the same on August 29, 2023. The anticipation surrounding these dates can contribute to price volatility as investors reassess their positions based on the reported earnings.
Lastly, the correlation between BAC and BMO, standing at 73%, underscores their movement in tandem to a large extent. This closely linked performance reflects the similar market forces affecting these major banks.
BMO in downward trend: price expected to drop as it breaks its higher Bollinger Band on June 30, 2025
BMO broke above its upper Bollinger Band on June 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 38 similar instances where the stock broke above the upper band. In of the 38 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for BMO moved out of overbought territory on July 15, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2025. You may want to consider a long position or call options on BMO as a result. In of 66 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BMO just turned positive on June 30, 2025. Looking at past instances where BMO's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BMO advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 320 cases where BMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 30, placing this stock slightly worse than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BMO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.294) is normal, around the industry mean (0.958). BMO's P/E Ratio (18.142) is considerably higher than the industry average of (8.937). Projected Growth (PEG Ratio) (0.750) is also within normal values, averaging (2.643). Dividend Yield (0.044) settles around the average of (0.053) among similar stocks. P/S Ratio (2.815) is also within normal values, averaging (2.460).
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a major bank
Industry MajorBanks
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