BNY Mellon Earnings Estimate
BNY Mellon Earnings per Share Projection vs Actual
About BNY Mellon Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of BNY Mellon earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current BNY Mellon estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as BNY Mellon fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -62.7 M | -59.6 M | |
| Earnings Yield | (0.04) | (0.04) | |
| Price Earnings Ratio | (34.18) | (32.47) | |
| Price Earnings To Growth Ratio | 0.29 | 0.30 |
Pair Trading with BNY Mellon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNY Mellon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNY Mellon will appreciate offsetting losses from the drop in the long position's value.Moving together with BNY Stock
| 0.8 | LBS | Life Banc Split | PairCorr |
| 0.88 | DFN | Dividend 15 Split | PairCorr |
| 0.83 | CSOC-A | Canso Select Opportu | PairCorr |
| 0.86 | DGS | Dividend Growth Split | PairCorr |
| 0.79 | ASA | ASA Gold | PairCorr |
Moving against BNY Stock
| 0.52 | NMFC | New Mountain Finance | PairCorr |
| 0.5 | MFIC | MidCap Financial Inv | PairCorr |
| 0.32 | GSBD | Goldman Sachs BDC | PairCorr |
| 0.32 | EPGG | Empire Global Gaming | PairCorr |
The ability to find closely correlated positions to BNY Mellon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BNY Mellon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BNY Mellon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BNY Mellon Strategic to buy it.
The correlation of BNY Mellon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BNY Mellon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BNY Mellon Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BNY Mellon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in BNY Mellon Strategic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Asset Management & Custody Banks sector continue expanding? Could BNY diversify its offerings? Factors like these will boost the valuation of BNY Mellon. Expected growth trajectory for BNY significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every BNY Mellon data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.67) | Dividend Share 0.244 | Earnings Share (0.21) | Revenue Per Share | Quarterly Revenue Growth 0.035 |
Investors evaluate BNY Mellon Strategic using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating BNY Mellon's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause BNY Mellon's market price to deviate significantly from intrinsic value.
Understanding that BNY Mellon's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether BNY Mellon represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, BNY Mellon's market price signifies the transaction level at which participants voluntarily complete trades.