Bank of New York Stock Performance

BK
 Stock
  

USD 41.60  0.48  1.14%   

The firm shows a Beta (market volatility) of 1.1413, which signifies a somewhat significant risk relative to the market. Let's try to break down what Bank of New York's beta means in this case. Bank of New York returns are very sensitive to returns on the market. As the market goes up or down, Bank of New York is expected to follow. Even though it is essential to pay attention to Bank of New York historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bank Of New exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Bank of New York has an expected return of -0.18%. Please be advised to confirm Bank of New York downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Bank of New York performance from the past will be repeated at some point in the near future.
  
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Bank of New York Performance
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Over the last 90 days Bank Of New has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest sluggish performance, the Stock's forward-looking signals remain strong and the recent confusion on Wall Street may also be a sign of long-lasting gains for the firm traders. ...more

Bank of New York Price Channel

Fifty Two Week Low40.26
Target High Price68.00
Payout Ratio33.00%
Fifty Two Week High64.63
Target Low Price49.00
Trailing Annual Dividend Yield3.04%

Bank of New York Relative Risk vs. Return Landscape

If you would invest  4,738  in Bank Of New on April 7, 2022 and sell it today you would lose (530.00)  from holding Bank Of New or give up 11.19% of portfolio value over 90 days. Bank Of New is generating negative expected returns and assumes 1.9035% volatility on return distribution over the 90 days horizon. Put differently, 16% of stocks are less risky than Bank of New York on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 90-day total investment horizon Bank of New York is expected to under-perform the market. In addition to that, the company is 1.29 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Bank of New York Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of New York's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bank Of New, and traders can use it to determine the average amount a Bank of New York's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0944

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Estimated Market Risk
 1.9
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 -0.18
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.09
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 0 %
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Based on monthly moving average Bank of New York is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of New York by adding it to a well-diversified portfolio.

About Bank of New York Performance

To evaluate Bank of New York Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bank of New York generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Bank of New York Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bank of New York stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Bank of New York's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-84 M-90.6 M
Return on Average Assets 0.0092  0.009789 
Return on Average Equity 0.08  0.09 
Return on Invested Capital 0.0126  0.014 
Return on Sales 0.29  0.32 
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company was founded in 1784 and is headquartered in New York, New York. Bank of New York operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 49600 people.

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

Equity Alerts and Improvement 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
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.reuters.com: MSCI global stock index has biggest first-half drop on record - Reuters
Continue to Trending Equities. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.