Bank of New York Stock Probability of Future Stock Price Finishing Over 40.17

BK
 Stock
  

USD 40.17  0.76  1.86%   

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.
  
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, 2022-09-30 CALL at $40.0 is a CALL option contract on Bank of New York's common stock with a strick price of 40.0 expiring on 2022-09-30. The contract was last traded on 2022-09-23 at 15:31:14 for $0.8 and, as of today, has 6 days remaining before the expiration. The option is currently trading at a bid price of $0.8, and an ask price of $0.95. The implied volatility as of the 24th of September is 34.6529. View All Bank of New York options

Closest to current price Bank of New York long CALL Option Payoff at Expiration

Continue to 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. Please specify Bank of New York time horizon, a valid symbol (red box) and a target price (blue box) you would like Bank of New York odds to be computed.

Bank of New York Target Price Odds to finish over 40.17

The tendency of Bank of New York 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 move above the current price in 90 days
 40.17 90 days 40.17 
close to 99
Based on a normal probability distribution, the odds of Bank of New York to move above the current price in 90 days from now is close to 99 (This Bank Of New probability density function shows the probability of Bank of New York Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.07 suggesting Bank Of New market returns are responsive to returns on the market. As the market goes up or down, Bank of New York is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Bank of New York is significantly underperforming DOW.
   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 or bond 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, frequently view 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. Please use the tools below to analyze the current value of Bank of New York in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.4540.1341.81
Details
Intrinsic
Valuation
LowReal ValueHigh
36.1546.8048.48
Details
12 Analysts
Consensus
LowTarget PriceHigh
59.0065.5076.00
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 towards 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 DOW
-0.02
β
Beta against DOW1.07
σ
Overall volatility
1.13
Ir
Information ratio -0.01

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.
Bank of New York generated a negative expected return over the last 90 days
Bank of New York has high likelihood to experience some financial distress in the next 2 years
Over 86.0% of the company shares are held by institutions such as insurance companies
On 5th of August 2022 Bank of New York paid $ 0.37 per share dividend to its current shareholders
Latest headline from www.ncadvertiser.com: Stocks close lower ahead of Fed decision on interest rates - New Canaan Advertiser

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 of New York 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.
Last Dividend Date22nd of July 2022
Shares Percent Shares Out0.92%
Trailing Annual Dividend Rate1.36
Short Percent Of Float0.92%
Float Shares806.94M
Average Daily Volume Last 10 Day4.38M
Shares Short Prior Month8.29M
Average Daily Volume In Three Month3.4M
Date Short Interest31st of August 2022

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 of New York 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 of New York Stock price patterns and their correlations with different microeconomic environments and drivers.

Bank of New York Predictive Forecast Models

Bank of New York time-series forecasting models is one of many Bank of New York's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These 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.

Bank of New York Alerts

Bank of New York Alerts and Suggestions

Bank of New York generated a negative expected return over the last 90 days
Bank of New York has high likelihood to experience some financial distress in the next 2 years
Over 86.0% of the company shares are held by institutions such as insurance companies
On 5th of August 2022 Bank of New York paid $ 0.37 per share dividend to its current shareholders
Latest headline from www.ncadvertiser.com: Stocks close lower ahead of Fed decision on interest rates - New Canaan Advertiser
Continue to 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. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Bank of New York 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 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 of New York 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.
The market value of Bank of New York is measured differently than its book value, which is the value of Bank of New York 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 Bank of New York value 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.