BNY Mellon Competition

Etfs . USA . 
Etf . BNY Mellon ETF
BKEM Etf  USD 60.08  0.02  0.03%   
BNY Mellon ETF competes with Invesco PureBeta, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables; as well as few others. Analyzing BNY Mellon competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of BNY Mellon to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out BNY Mellon Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of BNY Mellon competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BNY Mellon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
58.9560.0861.21
Details
Intrinsic
Valuation
LowRealHigh
59.3760.5061.63
Details
Naive
Forecast
LowNextHigh
57.7058.8359.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
60.0760.0960.11
Details

BNY Mellon Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BNY Mellon and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of BNY 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 BNY Mellon ETF does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JRBEX
+ 0.99
RRTLX
JRBEX
+ 0.83
MSTSX
RRTLX
+ 0.81
MSTSX
OSHDF
+ 0.78
VIASP
RRTLX
+ 0.72
LBHIX
MSTSX
+ 0.71
PBUS
  
High negative correlations   
OSHDF
- 1.0
SCAXF
VIASP
- 0.78
SCAXF
SCAXF
- 0.45
PBUS
SCAXF
- 0.24
LBHIX
VIASP
- 0.21
ABHYX
VIASP
- 0.13
MSTSX

BNY Mellon Constituents Risk-Adjusted Indicators

There is a big difference between BNY Etf performing well and BNY Mellon ETF 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 BNY Mellon'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PBUS  0.57  0.01 (0.01) 0.13  0.68 
(0.61)
 1.19 
(1.33)
 3.99 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MSTSX  0.50 (0.04)(0.13) 0.06  0.52 
(0.61)
 1.21 
(1.02)
 2.80 
ABHYX  0.16  0.00 (0.25) 0.05  0.26 
(0.24)
 0.34 
(0.33)
 1.91 
LBHIX  0.11  0.02 (0.41) 2.96  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
SCAXF  0.70 (0.41) 0.00 (0.99) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.72  0.00 (0.02) 0.00  1.05 
(0.80)
 2.28 
(1.15)
 7.18 
RRTLX  0.24  0.00 (0.33) 0.37  0.26 
(0.27)
 0.56 
(0.56)
 1.37 
OSHDF  39.65  22.65  0.00 (0.96) 0.00 
 0.00 
 0.00 
 0.00 
 1,329 
JRBEX  0.36  0.01 (0.24)(2.97) 0.42 
(0.40)
 0.79 
(0.86)
 2.14 
All Fundamental Data

BNY Mellon Competitive Analysis

The better you understand BNY Mellon competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BNY Mellon'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 BNY Mellon'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
BKEM PBUS AQUI MSTSX ABHYX LBHIX SCAXF VIASP RRTLX OSHDF
 0.03 
 60.08 
BNY
 0.37 
 59.94 
Invesco
 0.00 
 0.01 
Aquagold
 0.43 
 11.73 
Morningstar
 0.11 
 8.95 
High-yield
 0.24 
 4.25 
Thrivent
 23.47 
 0.01 
Sparta
 0.54 
 22.46 
Via
 0.24 
 12.57 
RRTLX
 1,329 
 0.01 
Oshidori
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Out of control
Market Performance
(90 Days Performance)
Very Weak
Good
Very Weak
Insignificant
Insignificant
Good
Very Weak
OK
Insignificant
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Average
Low
Low
Low
Low
Average
Low
Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Hold
Strong Sell
Strong Hold
Cautious Hold
Strong Sell
Strong Sell
Hold
Cautious Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.62
3.49
N/A
N/A
Net Asset
27.33 M
2.06 B
3.19 K
116.1 M
672.37 M
674.44 M
3.06 M
355.28 M
1.46 B
6.31 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
N/A
N/A
EBITDA
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
N/A
(3.49 B)
Current Valuation
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
N/A
103.84 M
Price To Book
N/A
N/A
N/A
N/A
N/A
1.58
34.42
N/A
2.13
0.005
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
N/A
1.04
Five Year Return
N/A
15.7
N/A
8.6
1.68
3.31
N/A
8.97
0.0406
N/A
Retained Earnings
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
13.7
33.5
N/A
19.87
12.1
11.68
N/A
N/A
0.067
N/A
Beta
0.9
1.01
7.05
N/A
N/A
N/A
1.75
1.16
N/A
0.67
Equity Positions Weight
99.77
100.07
N/A
61.63
N/A
0.07
N/A
N/A
38.52
N/A
Number Of Employees
N/A
568
7
1
1
1
8
169
1
31
Cash Position Weight
N/A
N/A
N/A
14.28
0.1
6.56
N/A
N/A
7.22
N/A
Shares Outstanding
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
N/A
6.11 B
Three Year Return
-2.0
9.3
N/A
7.0
-0.71
2.59
N/A
N/A
0.0491
N/A
Cash Flow From Operations
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
N/A
499.26 M
Annual Yield
N/A
N/A
N/A
0.021
0.0041
0.0617
N/A
0.0972
0.0211
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
125 K
135 M
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.017
N/A
-0.5
Bond Positions Weight
N/A
N/A
N/A
22.72
2.0
92.23
N/A
N/A
14.43
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
N/A
-0.46
Book Value Per Share
N/A
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
N/A
0.89
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
27.33 M
2.06 B
3.19 K
215.11 M
243.16 M
347.66 M
3.06 M
355.28 M
1.03 B
6.31 B
Last Dividend Paid
0.61
0.15
N/A
N/A
0.03
0.02
N/A
0.73
0.14
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
101.0
0.69
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.84
Market Capitalization
N/A
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
N/A
N/A
233.49 M
Price To Earning
N/A
N/A
-0.22
N/A
N/A
35.48
19.55
26.83
18.25
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
1.23
0.63
N/A
1.57
N/A
Net Income
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
N/A
(3.15 B)
Earnings Per Share
N/A
N/A
-0.63
N/A
N/A
N/A
-0.003
1.17
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
N/A
30.28
Year To Date Return
N/A
N/A
N/A
13.69
5.77
6.69
N/A
N/A
-0.0211
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
N/A
(3.1 B)
Working Capital
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
4.84
6.0
N/A
N/A
5.76
N/A
Cash And Equivalents
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.23
N/A
N/A
Gross Profit
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
N/A
(4.09 B)
Day Typical Price
60.05
59.87
0.006
11.73
8.95
4.25
0.015
22.4
12.57
0.01
Accumulation Distribution
0.002
0.0043
N/A
N/A
N/A
N/A
N/A
0.0085
N/A
N/A
Market Facilitation Index
0.12
0.26
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
Daily Balance Of Power
(0.17)
0.8462
0.0
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.6316
(9,223,372,036,855)
9.2 T
Period Momentum Indicator
(0.02)
0.22
N/A
0.05
(0.01)
0.01
(0)
0.12
(0.03)
0.0093
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
0.77
1.01
1.0
14.29
Day Median Price
60.03
59.84
0.006
11.73
8.95
4.25
0.015
22.37
12.57
0.01
Price Action Indicator
0.04
0.21
N/A
0.025
(0.01)
0.005
(0)
0.16
(0.01)
0.0046
Relative Strength Index
17.54
33.28
N/A
13.35
50.42
11.7
N/A
67.94
29.21
N/A
Coefficient Of Variation
5793.61
651.09
N/A
1372.45
2326.43
583.8
(812.40)
1077.04
2073.35
812.4
Mean Deviation
0.8284
0.5694
N/A
0.4952
0.1645
0.1099
0.7004
0.7202
0.2405
39.65
Jensen Alpha
(0.04)
0.0057
N/A
(0.04)
(0)
0.0182
(0.41)
N/A
0.0034
22.65
Total Risk Alpha
(0.17)
(0.01)
N/A
(0.06)
(0.04)
(0.01)
(0.82)
(0.08)
(0.04)
(5.63)
Sortino Ratio
(0.10)
(0.01)
N/A
(0.13)
(0.25)
(0.41)
N/A
(0.02)
(0.33)
N/A
Downside Variance
1.12
0.7228
N/A
0.4204
0.2181
0.0625
N/A
1.57
0.1206
N/A
Standard Deviation
1.16
0.796
N/A
0.6394
0.2862
0.1689
2.89
1.14
0.3112
163.54
Kurtosis
1.26
2.15
N/A
(0)
8.65
3.69
66.0
5.9
(0.02)
66.0
Potential Upside
2.1
1.19
N/A
1.21
0.3382
0.2381
N/A
2.28
0.5564
N/A
Treynor Ratio
0.026
0.1272
N/A
0.0585
0.0513
2.96
(0.99)
N/A
0.374
(0.96)
Maximum Drawdown
5.95
3.99
N/A
2.8
1.91
0.9552
23.47
7.18
1.37
1328.57
Variance
1.35
0.6336
N/A
0.4088
0.0819
0.0285
8.35
1.31
0.0969
26743.97
Market Risk Adjusted Performance
0.036
0.1372
N/A
0.0685
0.0613
2.97
(0.98)
N/A
0.384
(0.95)
Risk Adjusted Performance
0.0166
0.1182
N/A
0.0539
0.0162
0.096
(0.09)
0.0745
0.0223
0.1044
Skewness
0.4731
(0.25)
N/A
0.1122
(1.71)
1.16
(8.12)
(0.94)
0.0832
8.12
Semi Deviation
1.03
0.6764
N/A
0.5171
0.2592
0.0
N/A
1.05
0.264
N/A
Information Ratio
(0.1)
(0.01)
N/A
(0.13)
(0.41)
(0.60)
(0.17)
(0.02)
(0.37)
0.1223
Value At Risk
(1.93)
(1.33)
N/A
(1.02)
(0.33)
(0.24)
N/A
(1.15)
(0.56)
N/A
Expected Short fall
(0.93)
(0.61)
N/A
(0.61)
(0.24)
(0.29)
N/A
(0.80)
(0.27)
N/A
Downside Deviation
1.06
0.8502
N/A
0.6484
0.467
0.25
N/A
1.25
0.3473
N/A
Semi Variance
1.07
0.4575
N/A
0.2674
0.0672
(0.02)
N/A
1.1
0.0697
N/A

BNY Mellon Competition Performance Charts

Five steps to successful analysis of BNY Mellon Competition

BNY Mellon'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 BNY Mellon ETF in relation to its competition. BNY Mellon's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of BNY Mellon 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 BNY Mellon's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BNY Mellon ETF, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your BNY Mellon position

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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Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 38 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 Real Estate Theme or any other thematic opportunities.
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When determining whether BNY Mellon ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BNY Mellon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bny Mellon Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon Etf:
How To Invest In BNY
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Check out BNY Mellon Correlation with its peers.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of BNY Mellon ETF is measured differently than its book value, which is the value of BNY 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.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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 if BNY Mellon is a good investment 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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