Bank of New York Stock Buy Hold or Sell Recommendation

BK
 Stock
  

USD 43.06  0.65  1.53%   

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.
  
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The advice is provided from Bank of New York's buy-and-hold perspective. Continue to 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. We conduct extensive research on individual companies such as Bank of New York and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Bank Of New.

Execute Bank of New York Buy or Sell Advice

The Bank of New York 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

Execute Advice
Sell Bank of New YorkBuy Bank of New York
Strong Hold

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Bank Of New has a Risk Adjusted Performance of (0.22), Jensen Alpha of (0.11), Total Risk Alpha of (0.08) and Treynor Ratio of (0.28)
Bank of New York advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Bank of New York is not overpriced, please confirm all Bank of New York fundamentals, including its net income, cash flow from operations, and the relationship between the revenue and total debt . Given that Bank of New York has a number of shares shorted of 8.67 M, we suggest you to validate Bank Of New market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Bank of New York Trading Alerts and Improvement Suggestions

Bank of New York generated a negative expected return over the last 90 days
Bank Of New was also traded as BANK OF NEW on New York Stock Exchange under the symbol BK-PC.
Bank of New York has a poor financial position based on the latest SEC disclosures
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.aljazeera.com: US SP 500 bear market How did it happen, what will it mean - Al Jazeera English

Bank of New York current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bank of New York analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bank of New York analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price54.70
Target Median Price54.00
Target High Price68.00
Recommendation Mean2.40
Number Of Analyst Opinions15
Target Low Price49.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Bank of New York Returns Distribution Density

The distribution of Bank of New York's historical returns is an attempt to chart the future uncertainty of Bank of New York's future price movements. The chart of the probability distribution of Bank of New York stock 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 stock.
Mean Return-0.3Value At Risk-3.08
Potential Upside3.12Standard Deviation1.88
 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 of New York Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(1.2 B)(1.08 B)(1.21 B)(1.22 B)(1.18 B)(1.27 B)
Depreciation Amortization and Accretion1.47 B1.34 B1.31 B1.63 B1.87 B1.79 B
Net Cash Flow or Change in Cash and Cash Equivalents(1.07 B)1.12 B(991 M)2.15 B464 M500.63 M
Net Cash Flow Business Acquisitions and Disposals8 M(41 M)84 M(162 M)(145.8 M)(149.64 M)
Issuance Purchase of Equity Shares(2.22 B)(3.15 B)(3.24 B)(931 M)(4.5 B)(4.62 B)
Issuance Repayment of Debt Securities12.98 B(832 M)(6.69 B)(820 M)1.48 B1.85 B
Payment of Dividends and Other Cash Distributions(901 M)(1.05 B)(1.12 B)(1.12 B)(1.13 B)(1.21 B)
Net Cash Flow from Financing26.78 B(8.1 B)9.46 B75.51 B(21.96 B)(22.54 B)
Net Cash Flow from Investing(32.7 B)3.3 B(10.55 B)(78.45 B)19.67 B21.23 B
Net Cash Flow Investment Acquisitions and Disposals(31.28 B)4.45 B(10.01 B)(76.5 B)19.95 B21.52 B
Net Cash Flow from Operations4.67 B6 B96 M5.04 B2.84 B3.43 B
Effect of Exchange Rate Changes on Cash189 M(72 M)2 M61 M(84 M)(90.63 M)

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 Financial Services 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 stock'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 of New York 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 DOW
-0.11
β
Beta against DOW1.12
σ
Overall volatility
1.88
Ir
Information ratio -0.07

Bank of New York Volatility Alert

Bank Of New exhibits very low volatility with skewness of 0.19 and kurtosis of -0.35. However, we advise investors to further study Bank Of New technical indicators to make sure all market info is available and is reliable. 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 bullying 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 stocks as prices fall.

Bank of New York Implied Volatility

Bank of New York's implied volatility exposes the market's sentiment of Bank Of New stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bank of New York's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bank of New York stock will not fluctuate a lot when Bank of New York's options are near their expiration.

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
FundamentalsBank of New YorkPeer Average
Return On Equity8.23 %(0.31) %
Return On Asset0.77 %(0.14) %
Profit Margin22.42 %(1.27) %
Current Valuation(97.42 B)16.62 B
Shares Outstanding825.82 M571.82 M
Shares Owned by Insiders0.17 %10.09 %
Shares Owned by Institutions85.15 %39.21 %
Number of Shares Shorted8.67 M4.71 M
Price to Earning10.92 X28.72 X
Price to Book0.91 X9.51 X
Price to Sales2.20 X11.42 X
Revenue16.08 B9.43 B
Gross Profit16.16 B27.38 B
EBITDA4.04 B3.9 B
Net Income3.39 B570.98 M
Cash and Equivalents201.94 B2.7 B
Cash per Share249.98 X5.01 X
Total Debt65.35 B5.32 B
Debt to Equity0.57 %48.70 %
Book Value Per Share47.30 X1.93 K
Cash Flow from Operations2.84 B971.22 M
Short Ratio1.69 X4.00 X
Earnings Per Share3.92 X3.12 X
Price to Earnings To Growth1.23 X4.89 X
Number of Employees49.6 K18.84 K
Beta1.11-0.15
Market Capitalization35.39 B19.03 B
Total Asset393.78 B29.47 B
Retained Earnings27.82 B9.33 B
Five Year Return2.39 %
Last Dividend Paid1.36
   Sale by Bridget Engle of 44135 shares of Bank of New York [view details]

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 of New York Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although Bank of New York investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Cash and Equivalents109.85 B159.07 B119.1 B113.84 B
Total Assets381.51 B469.63 B444.44 B455.05 B

Use Investing Ideas to Build Portfolios

In addition to having Bank of New York in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 23 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Continue to 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. Note that the Bank of New York information on this page should be used as a complementary analysis to other Bank of New York's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.
Quarterly Earnings Growth YOY
-0.11
Market Capitalization
34.6 B
Quarterly Revenue Growth YOY
-0.02
Return On Assets
0.0077
Return On Equity
0.0823
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.