Bank Of New Stock Probability of Future Stock Price Finishing Over 44.49

BK Stock  USD 56.93  0.32  0.57%   
Bank of New York's implied volatility is one of the determining factors in the pricing options written on Bank Of New. Implied volatility approximates the future value of Bank of New York based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Bank Of New over a specific time period. For example, 2024-04-19 CALL at $57.5 is a CALL option contract on Bank of New York's common stock with a strick price of 57.5 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:30:23 for $1.0 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.1, and an ask price of $1.15. The implied volatility as of the 28th of March is 24.22. View All Bank options

Closest to current price Bank long CALL Option Payoff at Expiration

Bank of New York's future price is the expected price of Bank of New York instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Bank Of New performance during a given time horizon utilizing its historical volatility. Check out Bank of New York Backtesting, Bank of New York Valuation, Bank of New York Correlation, Bank of New York Hype Analysis, Bank of New York Volatility, Bank of New York History as well as Bank of New York Performance.
  
At this time, Bank of New York's Price Earnings Ratio is quite stable compared to the past year. Price To Operating Cash Flows Ratio is expected to rise to 13.04 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 0.28. Please specify Bank of New York's target price for which you would like Bank of New York odds to be computed.

Bank of New York Target Price Odds to finish over 44.49

The tendency of Bank Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 44.49  in 90 days
 56.93 90 days 44.49 
close to 99
Based on a normal probability distribution, the odds of Bank of New York to stay above $ 44.49  in 90 days from now is close to 99 (This Bank Of New probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of New York price to stay between $ 44.49  and its current price of $56.93 at the end of the 90-day period is about 92.55 .
Allowing for the 90-day total investment horizon Bank of New York has a beta of 0.84 suggesting as returns on the market go up, Bank of New York average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bank Of New will be expected to be much smaller as well. Additionally Bank Of New has an alpha of 0.0569, implying that it can generate a 0.0569 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Bank of New York Price Density   
       Price  

Predictive Modules for Bank of New York

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of New York. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank of New York's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
55.9956.9757.95
Details
Intrinsic
Valuation
LowRealHigh
52.9953.9762.62
Details
Naive
Forecast
LowNextHigh
56.2457.2258.20
Details
18 Analysts
Consensus
LowTargetHigh
47.5952.3058.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bank of New York. Your research has to be compared to or analyzed against Bank of New York's peers to derive any actionable benefits. When done correctly, Bank of New York's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Bank of New York.

Bank of New York Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of New York is not an exception. The market had few large corrections towards the Bank of New York's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bank Of New, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of New York within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.06
β
Beta against NYSE Composite0.84
σ
Overall volatility
1.60
Ir
Information ratio 0.04

Bank of New York Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bank of New York for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of New York can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 87.0% of the company shares are held by institutions such as insurance companies
On 2nd of February 2024 Bank of New York paid $ 0.42 per share dividend to its current shareholders
Latest headline from forbes.com: Up 32 percent In The Last 12 Months, Where Is BNY Mellon Stock Headed

Bank of New York Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bank Stock often depends not only on the future outlook of the current and potential Bank of New York's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bank of New York's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding787.8 M
Cash And Short Term Investments-116.5 B

Bank of New York Technical Analysis

Bank of New York's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank Of New. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.

Bank of New York Predictive Forecast Models

Bank of New York's time-series forecasting models is one of many Bank of New York's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bank of New York's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Bank of New York

Checking the ongoing alerts about Bank of New York for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of New York help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 87.0% of the company shares are held by institutions such as insurance companies
On 2nd of February 2024 Bank of New York paid $ 0.42 per share dividend to its current shareholders
Latest headline from forbes.com: Up 32 percent In The Last 12 Months, Where Is BNY Mellon Stock Headed
When determining whether Bank of New York is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bank Of New Stock. Highlighted below are key reports to facilitate an investment decision about Bank Of New Stock:

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
(0.68)
Dividend Share
1.58
Earnings Share
3.87
Revenue Per Share
22.17
Quarterly Revenue Growth
0.084
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.