BNY Mellon Financials
| BKLC Etf | USD 114.46 0.50 0.43% |
3 y Sharp Ratio 0.37 |
BNY |
The data published in BNY Mellon's official financial statements typically reflect BNY Mellon's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving BNY Mellon's quantitative information. For example, before you start analyzing numbers published by BNY accountants, it's essential to understand BNY Mellon's liquidity, profitability, and earnings quality within the context of the BNY Mellon space in which it operates.
Please note, the presentation of BNY Mellon's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BNY Mellon's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of BNY Mellon's management manipulating its earnings.
BNY Mellon Etf Summary
BNY Mellon competes with BNY Mellon, BNY Mellon, BNY Mellon, JPMorgan BetaBuilders, and BNY Mellon. Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. BNY Mellon is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US09661T1079 |
| CUSIP | 09661T107 |
| Region | North America |
| Investment Issuer | BNY Mellon Investment Management |
| Etf Family | BNY Mellon |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
BNY Mellon Key Financial Ratios
BNY Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BNY Mellon's current stock value. Our valuation model uses many indicators to compare BNY Mellon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BNY Mellon competition to find correlations between indicators driving BNY Mellon's intrinsic value. More Info.BNY Mellon Large is the top ETF in beta as compared to similar ETFs. It also is the top ETF in one year return as compared to similar ETFs reporting about 34.70 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BNY Mellon's earnings, one of the primary drivers of an investment's value.BNY Mellon Large Systematic Risk
BNY Mellon's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BNY Mellon volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on BNY Mellon Large correlated with the market. If Beta is less than 0 BNY Mellon generally moves in the opposite direction as compared to the market. If BNY Mellon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BNY Mellon Large is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BNY Mellon is generally in the same direction as the market. If Beta > 1 BNY Mellon moves generally in the same direction as, but more than the movement of the benchmark.
About BNY Mellon Financials
What exactly are BNY Mellon Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include BNY Mellon's income statement, its balance sheet, and the statement of cash flows. Potential BNY Mellon investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although BNY Mellon investors may use each financial statement separately, they are all related. The changes in BNY Mellon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BNY Mellon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.BNY Mellon Thematic Clasifications
BNY Mellon Large is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasBNY Mellon November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BNY Mellon help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BNY Mellon Large. We use our internally-developed statistical techniques to arrive at the intrinsic value of BNY Mellon Large based on widely used predictive technical indicators. In general, we focus on analyzing BNY Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BNY Mellon's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8586 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.11 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of BNY Mellon Large is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon'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 BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon'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 BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon'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.