BNY Mellon is trading at 2.64 as of the 21st of November 2024. This is a 0.76 percent increase since the beginning of the trading day. The etf's lowest day price was 2.61. BNY Mellon has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for BNY Mellon High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The company has 72.73 M outstanding shares of which 85 K shares are currently shorted by investors with about 0.22 days to cover. More on BNY Mellon High
BNY Mellon High [DHF] is traded in USA and was established 1998-04-29. The fund is not classified under any group at the present time. BNY Mellon High currently have in assets under management (AUM). The fund is currently generating return of 9.33% with the current yeild of 0.01%, while the total return for the last 3 years was 1.91%.
BNY Mellon High has about 123.21 K in cash with 17 M of positive cash flow from operations.
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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.
When determining whether BNY Mellon High 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 High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bny Mellon High Etf:
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The market value of BNY Mellon High 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.