Bank Competitors
| BK Stock | USD 120.18 0.42 0.35% |
Bank of New York vs Ares Capital Correlation
Very poor diversification
The correlation between The Bank of and ARCC is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Bank of and ARCC in the same portfolio, assuming nothing else is changed.
Moving together with Bank Stock
Moving against Bank Stock
| 0.77 | IPX | Impax Asset Management | PairCorr |
| 0.51 | OEQ | Orion Equities | PairCorr |
| 0.5 | MFG | Magellan Financial | PairCorr |
| 0.49 | TY | Tri Continental Closed | PairCorr |
| 0.4 | PNI | Pinnacle Investment | PairCorr |
Bank of New York Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bank of New York and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Bank and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bank of New York does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank of New York Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bank of New York's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NTRS | 1.01 | 0.20 | 0.18 | 0.25 | 0.88 | 3.15 | 6.90 | |||
| IVZ | 1.44 | 0.24 | 0.16 | 0.24 | 1.57 | 4.04 | 9.73 | |||
| BEN | 1.12 | 0.12 | 0.08 | 0.19 | 1.45 | 2.54 | 7.36 | |||
| TROW | 1.05 | (0.05) | (0.02) | 0.05 | 1.37 | 2.42 | 6.21 | |||
| STT | 1.07 | 0.11 | 0.07 | 0.18 | 1.67 | 1.85 | 9.59 | |||
| SEIC | 0.92 | 0.00 | 0.01 | 0.10 | 1.10 | 2.01 | 7.41 | |||
| PFG | 0.96 | 0.17 | 0.13 | 0.29 | 0.98 | 2.46 | 7.41 | |||
| AMG | 1.29 | 0.40 | 0.36 | 0.43 | 0.69 | 3.15 | 10.56 | |||
| AMP | 1.04 | (0.01) | 0.02 | 0.09 | 1.70 | 2.44 | 7.27 | |||
| JHG | 0.95 | 0.16 | 0.12 | 0.28 | 0.96 | 1.90 | 14.63 |
Cross Equities Net Income Analysis
Compare Bank of New York and related stocks such as Northern Trust, Invesco Plc, and Franklin Resources Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NTRS | 34.1 M | 603.6 M | 687.3 M | 731.3 M | 811.8 M | 973.8 M | 1 B | 1.2 B | 1.6 B | 1.5 B | 1.2 B | 1.5 B | 1.3 B | 1.1 B | 2 B | 2.3 B | 2.5 B |
| IVZ | 193.2 M | 729.7 M | 677.1 M | 940.3 M | 991.5 M | 968.1 M | 854.2 M | 1.1 B | 882.8 M | 688.3 M | 761.6 M | 1.6 B | 920.7 M | (333.7 M) | 774.8 M | 891 M | 609.6 M |
| BEN | 13.5 M | 1.9 B | 2.2 B | 2.4 B | 2 B | 1.7 B | 1.7 B | 764.4 M | 1.2 B | 798.9 M | 1.8 B | 1.3 B | 882.8 M | 464.8 M | 524.9 M | 603.6 M | 945.8 M |
| TROW | 8.5 M | 773.2 M | 883.6 M | 1 B | 1.2 B | 1.2 B | 1.2 B | 1.5 B | 1.8 B | 2.1 B | 2.4 B | 3.1 B | 1.6 B | 1.8 B | 2.1 B | 2.4 B | 2.5 B |
| STT | 55.3 M | 1.9 B | 2.1 B | 2 B | 2 B | 2 B | 2.1 B | 2.2 B | 2.6 B | 2.2 B | 2.4 B | 2.7 B | 2.8 B | 1.9 B | 2.7 B | 2.9 B | 3.1 B |
| SEIC | 3.8 M | 205 M | 206.8 M | 288.1 M | 318.7 M | 331.7 M | 333.8 M | 404.4 M | 505.9 M | 501.4 M | 447.3 M | 546.6 M | 475.5 M | 462.3 M | 581.2 M | 668.4 M | 701.8 M |
| PFG | 620.2 M | 638.3 M | 806.6 M | 912.7 M | 1.1 B | 1.2 B | 1.3 B | 2.3 B | 1.5 B | 1.4 B | 1.4 B | 1.6 B | 4.8 B | 623.2 M | 1.6 B | 1.8 B | 1.3 B |
| AMG | (2.4 M) | 164.9 M | 174 M | 360.5 M | 433.9 M | 509.5 M | 472.8 M | 689.5 M | 243.6 M | 15.7 M | 202.2 M | 565.7 M | 1.1 B | 672.9 M | 511.6 M | 588.3 M | 617.8 M |
| AMP | 1 B | 1.1 B | 1 B | 1.3 B | 1.6 B | 1.6 B | 1.3 B | 1.5 B | 2.1 B | 1.9 B | 1.5 B | 3.4 B | 3.1 B | 2.6 B | 3.4 B | 3.9 B | 4.1 B |
| JHG | 0.0 | 52.8 M | 171.6 M | 206.3 M | 402.3 M | 329.8 M | 189 M | 655.5 M | 523.8 M | 427.6 M | 130.3 M | 620 M | 372.4 M | 392 M | 408.9 M | 470.2 M | 252.1 M |
| BLK | 35.6 M | 2.3 B | 2.5 B | 2.9 B | 3.3 B | 3.3 B | 3.2 B | 5 B | 4.3 B | 4.5 B | 4.9 B | 5.9 B | 5.2 B | 5.5 B | 6.4 B | 5.6 B | 2.8 B |
| MAIN | 7.9 M | 63 M | 104.4 M | 96.9 M | 100.7 M | 104.4 M | 138.9 M | 170.6 M | 168.2 M | 129.6 M | 29.4 M | 330.8 M | 241.6 M | 428.4 M | 508.1 M | 584.3 M | 613.5 M |
| BX | 2 B | (168.3 M) | 218.6 M | 1.2 B | 1.6 B | 709.8 M | 1 B | 1.5 B | 1.5 B | 2 B | 1 B | 5.9 B | 1.7 B | 1.4 B | 2.8 B | 3.2 B | 3.4 B |
| ARCC | 3.3 M | 319.5 M | 508.2 M | 488.5 M | 591 M | 379 M | 474 M | 667 M | 858 M | 793 M | 484 M | 1.6 B | 600 M | 1.3 B | 1.5 B | 1.8 B | 1.8 B |
Bank of New York and related stocks such as Northern Trust, Invesco Plc, and Franklin Resources Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Bank of New York financial statement analysis. It represents the amount of money remaining after all of The Bank of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Bank of New York Competitive Analysis
The better you understand Bank of New York competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bank of New York's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bank of New York's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Bank of New York Competition Performance Charts
Five steps to successful analysis of Bank of New York Competition
Bank of New York's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bank of New York in relation to its competition. Bank of New York's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Bank of New York in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bank of New York's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bank of New York, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Bank of New York position
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Run Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 37 constituents at this time.
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Check out Bank of New York Correlation with its peers. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Asset Management & Custody Banks space 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 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 0.308 | Dividend Share 2 | Earnings Share 7.4 | Revenue Per Share | Quarterly Revenue Growth 0.078 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank 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 if Bank of New York is a good investment 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.