Bny Mellon Investment Etf Profile
BNY Mellon is trading at 47.10 as of the 25th of November 2024, a 0.06 percent down since the beginning of the trading day. The etf's open price was 47.13. Equity ratings for BNY Mellon Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
BNY Etf Highlights
| Old Name | BNY Mellon ETF Trust - BNY Mellon Short Duration Corporate Bond ETF |
| Business Concentration | Short-Term Bond, BNY Mellon (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 1.95 |
| Name | BNY Mellon ETF Trust - BNY Mellon Short Duration Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00RYR5MK7 |
| In Threey Volatility | 3.3 |
| 1y Volatility | 4.19 |
| 200 Day M A | 47.0876 |
| 50 Day M A | 46.9603 |
| Code | BKSB |
| Updated At | 11th of December 2023 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.89) |
| Type | ETF |
BNY Mellon Investment [BKSB] is traded in USA and was established 2020-04-22. The fund is listed under Short-Term Bond category and is part of BNY Mellon family. BNY Mellon Investment currently have 53.11 M in assets under management (AUM). , while the total return for the last 3 years was -1.2%.
Check BNY Mellon Probability Of Bankruptcy
BNY Mellon Investment Risk Profiles
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 BNY Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.1726 | |||
| Semi Deviation | 0.1799 | |||
| Standard Deviation | 0.2109 | |||
| Variance | 0.0445 |
BNY Mellon Against Markets
BNY Mellon Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BNY Mellon etf to make a market-neutral strategy. Peer analysis of BNY Mellon could also be used in its relative valuation, which is a method of valuing BNY Mellon by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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The market value of BNY Mellon Investment 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.
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.