Bank Of New Stock Buy Hold or Sell Recommendation
| BK Stock | USD 56.29 1.04 1.88% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Bank of New is 'Strong Hold'. Macroaxis provides Bank of New York buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BK positions. The advice algorithm takes into account all of Bank of New York's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bank of New York's buy or sell advice are summarized below:
Real Value 54.16 | Target Price 52.3 | Hype Value 56.28 | Market Value 56.29 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bank of New given historical horizon and risk tolerance towards Bank of New York. When Macroaxis issues a 'buy' or 'sell' recommendation for Bank of New, the advice is generated through an automated system that utilizes algorithms and statistical models.
Bank |
Execute Bank of New York Buy or Sell Advice
The Bank recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bank of New. Macroaxis does not own or have any residual interests in Bank of New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bank of New York's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Bank of New York Trading Alerts and Improvement Suggestions
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Results The Bank of New York Mellon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts |
Bank of New York Returns Distribution Density
The distribution of Bank of New York's historical returns is an attempt to chart the uncertainty of Bank of New York's future price movements. The chart of the probability distribution of Bank of New York daily returns describes the distribution of returns around its average expected value. We use Bank of New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bank of New York returns is essential to provide solid investment advice for Bank of New York.
| Mean Return | 0.06 | Value At Risk | -1.54 | Potential Upside | 1.51 | Standard Deviation | 0.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bank of New York historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bank Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bank of New York is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank of New backward and forwards among themselves. Bank of New York's institutional investor refers to the entity that pools money to purchase Bank of New York's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 11.2 M | Longview Partners (guernsey) Ltd. | 2023-12-31 | 11.1 M | American Century Companies Inc | 2023-12-31 | 9.8 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 9.5 M | Northern Trust Corp | 2023-12-31 | 9.1 M | Harris Associates L.p. | 2023-12-31 | 8.8 M | Nuveen Asset Management, Llc | 2023-12-31 | 8.7 M | Wells Fargo & Co | 2023-12-31 | 8.7 M | Ameriprise Financial Inc | 2023-12-31 | 8.5 M | Vanguard Group Inc | 2023-12-31 | 74.5 M | Blackrock Inc | 2023-12-31 | 64.4 M |
Bank of New York Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (991M) | 2.2B | 464M | 1.6B | (3.2B) | (3.0B) | |
| Free Cash Flow | (1.1B) | 3.8B | 1.6B | 13.7B | 4.7B | 2.5B | |
| Depreciation | 1.3B | 1.6B | 1.9B | 1.6B | 1.7B | 1.8B | |
| Other Non Cash Items | (52M) | 278M | (242M) | 1.2B | 3.7B | 3.9B | |
| Capital Expenditures | 1.2B | 1.2B | 1.2B | 1.3B | 1.2B | 1.3B | |
| Net Income | 4.4B | 3.6B | 3.8B | 2.6B | 3.3B | 1.9B | |
| End Period Cash Flow | 7.3B | 9.4B | 9.9B | 11.5B | 8.3B | 5.3B | |
| Dividends Paid | 1.3B | 1.3B | 1.3B | 1.4B | (1.5B) | (1.4B) | |
| Investments | (20.5B) | (78.8B) | (47.2B) | 19.9B | 20.7B | 21.7B | |
| Net Borrowings | (5.7B) | (6.8B) | 1.4B | 4.9B | 4.4B | 4.6B | |
| Change To Netincome | (5.3B) | (378M) | (1.9B) | 1.3B | 1.5B | 1.6B |
Bank of New York Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bank of New York or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bank of New York's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bank stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 1.01 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.03 |
Bank of New York Volatility Alert
Bank of New has relatively low volatility with skewness of -0.75 and kurtosis of 1.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bank of New York's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bank of New York's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bank of New York Fundamentals Vs Peers
Comparing Bank of New York's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bank of New York's direct or indirect competition across all of the common fundamentals between Bank of New York and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bank of New York or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bank of New York's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bank of New York by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bank of New York to competition |
| Fundamentals | Bank of New York | Peer Average |
| Return On Equity | 0.0817 | -0.31 |
| Return On Asset | 0.0078 | -0.14 |
| Profit Margin | 0.19 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Current Valuation | (61.82 B) | 16.62 B |
| Shares Outstanding | 747.82 M | 571.82 M |
| Shares Owned By Insiders | 0.10 % | 10.09 % |
| Shares Owned By Institutions | 87.96 % | 39.21 % |
| Number Of Shares Shorted | 7.07 M | 4.71 M |
| Price To Earning | 13.92 X | 28.72 X |
| Price To Book | 1.13 X | 9.51 X |
| Price To Sales | 2.38 X | 11.42 X |
| Revenue | 33.7 B | 9.43 B |
| Gross Profit | 16.34 B | 27.38 B |
| EBITDA | 55 M | 3.9 B |
| Net Income | 3.29 B | 570.98 M |
| Cash And Equivalents | 158.35 B | 2.7 B |
| Cash Per Share | 195.90 X | 5.01 X |
| Total Debt | 65.99 B | 5.32 B |
| Debt To Equity | 0.57 % | 48.70 % |
| Book Value Per Share | 48.44 X | 1.93 K |
| Cash Flow From Operations | 5.91 B | 971.22 M |
| Short Ratio | 1.87 X | 4.00 X |
| Earnings Per Share | 4.00 X | 3.12 X |
| Price To Earnings To Growth | 0.76 X | 4.89 X |
| Target Price | 63.96 | |
| Number Of Employees | 52.1 K | 18.84 K |
| Beta | 1.11 | -0.15 |
| Market Capitalization | 41.32 B | 19.03 B |
| Total Asset | 409.95 B | 29.47 B |
| Retained Earnings | 39.65 B | 9.33 B |
| Annual Yield | 0.03 % | |
| Five Year Return | 2.57 % |
Bank of New York Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bank . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 77584.09 | |||
| Daily Balance Of Power | 1.050505 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 55.92 | |||
| Day Typical Price | 56.04 | |||
| Price Action Indicator | 0.89 | |||
| Period Momentum Indicator | 1.04 |
About Bank of New York Buy or Sell Advice
When is the right time to buy or sell Bank of New? Buying financial instruments such as Bank Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 26.7B | 30.9B | 66.0B | 69.3B | Total Assets | 444.4B | 405.8B | 410.0B | 430.5B |
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Check out Bank of New York Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Bank Stock analysis
When running Bank of New York's price analysis, check to measure Bank of New York'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 New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York'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 New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
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Is Bank of New York'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 New York. 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 New York 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 0.116 | Dividend Share 1.63 | Earnings Share 4 | Revenue Per Share 22.648 | Quarterly Revenue Growth 0.038 |
The market value of Bank of New York 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 New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York 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 New York'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.