Bank of New York Stock Alpha and Beta Analysis

BK
 Stock
  

USD 44.90  0.53  1.19%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bank Of New. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bank of New York over a specified time horizon. Remember, high Bank of New York's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
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 and analyze Bank of New York Performance.
  
Please note that although Bank of New York alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Bank of New York did 0.0011  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Bank Of New stock's relative risk over its benchmark. Bank of New York has a beta of 1.23  . Let's try to break down what Bank of New York's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bank of New York will likely underperform.
Bank of New York Price to Book Value is increasing as compared to previous years. The preceding year's Price to Book Value was reported at 1.11. The current Tangible Asset Value is estimated to increase to about 431.8 B, while Book Value per Share is projected to decrease to 48.77.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Bank of New York Quarterly Book Value per Share

50.541

Bank of New York Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bank of New York market risk premium is the additional return an investor will receive from holding Bank of New York long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bank of New York. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bank of New York's performance over market.
α-0.0011   β1.23
90 days against DJI

Bank of New York expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Bank of New York's Buy-and-hold return. Our buy-and-hold chart shows how Bank of New York performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Bank of New York Market Price Analysis

Market price analysis indicators help investors to evaluate how Bank of New York stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of New York shares will generate the highest return on investment. By understating and applying Bank of New York stock market price indicators, traders can identify Bank of New York position entry and exit signals to maximize returns.

Bank of New York Return and Market Media

The median price of Bank of New York for the period between Sun, May 15, 2022 and Sat, Aug 13, 2022 is 42.95 with a coefficient of variation of 3.39. The daily time series for the period is distributed with a sample standard deviation of 1.46, arithmetic mean of 43.0, and mean deviation of 1.12. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Stock Markets Finish Volatile Session Lower as SP 500 Extend...05/19/2022
2
A market bottom is an elusive target. These are the moves Me...05/27/2022
3
Other05/31/2022
4
The US Stock Market Is in a Rut - Bloomberg06/08/2022
5
Financial Statements06/13/2022
6
Other06/27/2022
7
EPS Estimate06/30/2022
8
Acquisition by Oconnor Sandra of 648 shares of Bank of New Y...07/06/2022
9
Bank of New York exotic insider transaction detected07/07/2022
10
Bank of New York Mellon Corp. stock outperforms competitors ...07/11/2022
11
EPS Reported07/15/2022
12
Bank of America cuts Apple price target, citing foreign exch...07/26/2022
13
Sale by Thomas Gibbons of 67000 shares of Bank of New York08/10/2022

About Bank of New York Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Bank of New York has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
PPandE Turnover7.634.684.594.72
Calculated Tax Rate20.0518.8518.8723.58

Bank of New York Upcoming Company Events

As portrayed in its financial statements, the presentation of Bank of New York's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bank of New York's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bank of New York's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bank of New York. Please utilize our Beneish M Score to check the likelihood of Bank of New York's management manipulating its earnings.
Upcoming Quarterly Report18th of January 2022
Next Financial Report15th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End18th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Bank of New York

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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 and analyze Bank of New York Performance. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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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Bank of New York technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank of New York technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of New York trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...