BNY Mellon Etf Buy Hold or Sell Recommendation

BKAG
 Etf
  

USD 41.99  0.20  0.48%   

Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding BNY Mellon Core is 'Strong Buy'. Macroaxis provides BNY Mellon buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BKAG positions. The advice algorithm takes into account all of BNY Mellon's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from BNY Mellon's buy-and-hold perspective. Continue to BNY Mellon 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 funds such as BNY Mellon and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards BNY Mellon Core.

Execute BNY Mellon Buy or Sell Advice

The BNY Mellon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BNY Mellon Core. Macroaxis does not own or have any residual interests in BNY Mellon Core or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BNY Mellon's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell BNY MellonBuy BNY Mellon
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon BNY Mellon Core has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.06), Total Risk Alpha of (0.08) and Treynor Ratio of (0.25)
BNY Mellon advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the etf's potential to grow using all of fundamental, technical, data market data available now. Please confirm BNY Mellon Core one year return and bond positions weight to decide if your BNY Mellon Core buy or sell deciscion is justified.

BNY Mellon Trading Alerts and Improvement Suggestions

BNY Mellon Core generated a negative expected return over the last 90 days
On 7th of November 2022 BNY Mellon paid $ 0.1019 per share dividend to its current shareholders
The fund holds about 5.95% of its assets under management (AUM) in fixed income securities

BNY Mellon Returns Distribution Density

The distribution of BNY Mellon's historical returns is an attempt to chart the uncertainty of BNY Mellon's future price movements. The chart of the probability distribution of BNY Mellon stock daily returns describes the distribution of returns around its average expected value. We use BNY Mellon Core price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BNY Mellon returns is essential to provide solid investment advice for BNY Mellon.
Mean Return-0.04Value At Risk-0.84
Potential Upside0.88Standard Deviation0.57
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BNY Mellon 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.

BNY Mellon Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as BNY Mellon is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BNY Mellon Core backward and forwards among themselves. BNY Mellon's institutional investor refers to the entity that pools money to purchase BNY Mellon's securities or originate 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.
Security TypeSharesValue
Zhang Financial LlcFund Units187.6 K7.8 M
Note, although BNY Mellon's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

BNY Mellon 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 BNY Mellon or BNY Mellon 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 BNY Mellon's price will be affected by overall etf 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 BNY Mellon etf'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
-0.06
β
Beta against DOW0.20
σ
Overall volatility
0.57
Ir
Information ratio -0.2

BNY Mellon Volatility Alert

BNY Mellon Core exhibits very low volatility with skewness of 1.0 and kurtosis of 2.63. However, we advise investors to further study BNY Mellon Core technical indicators to ensure that 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 BNY Mellon's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BNY Mellon's etf 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.

BNY Mellon Fundamentals Vs Peers

Comparing BNY Mellon'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 BNY Mellon's direct or indirect competition across all of the common fundamentals between BNY Mellon and the related equities. This way, we can detect undervalued stocks with similar characteristics as BNY Mellon or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of BNY Mellon's fundamental indicators could also be used in its relative valuation, which is a method of valuing BNY Mellon by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare BNY Mellon to competition
FundamentalsBNY MellonPeer Average
One Year Return(15.75) %(0.97) %
Net Asset363.54 M2.29 B
Last Dividend Paid0.06110.14
Bond Positions Weight5.95 %8.16 %

About BNY Mellon Buy or Sell Advice

When is the right time to buy or sell BNY Mellon Core? Buying financial instruments such as BNY Mellon Etf 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.

Use Investing Ideas to Build Portfolios

In addition to having BNY Mellon 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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Small Growth
Small Growth Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth theme has 40 constituents at this time.
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 Small Growth Theme or any other thematic opportunities.
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Continue to BNY Mellon 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 BNY Mellon Core information on this page should be used as a complementary analysis to other BNY Mellon'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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The market value of BNY Mellon Core is measured differently than its book value, which is the value of BNY Mellon 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 BNY Mellon value 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.