BNY Mellon Financial Statements From 2010 to 2024
| DHF Etf | USD 2.64 0.02 0.76% |
Market Capitalization 191.2 M |
Check BNY Mellon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BNY Mellon's main balance sheet or income statement drivers, such as , as well as many indicators such as . BNY financial statements analysis is a perfect complement when working with BNY Mellon Valuation or Volatility modules.
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BNY Mellon High ETF Beta Analysis
BNY Mellon's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current BNY Mellon Beta | 0.83 |
Most of BNY Mellon's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BNY Mellon High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, BNY Mellon High has a Beta of 0.83. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States etfs is notably lower than that of the firm.
BNY Mellon High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BNY Mellon's current stock value. Our valuation model uses many indicators to compare BNY Mellon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BNY Mellon competition to find correlations between indicators driving BNY Mellon's intrinsic value. More Info.BNY Mellon High is rated # 2 ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs . The ratio of Price To Earning to Price To Book for BNY Mellon High is about 769.74 . Comparative valuation analysis is a catch-all technique that is used if you cannot value BNY Mellon by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About BNY Mellon Financial Statements
BNY Mellon stakeholders use historical fundamental indicators, such as BNY Mellon's revenue or net income, to determine how well the company is positioned to perform in the future. Although BNY Mellon investors may analyze each financial statement separately, they are all interrelated. For example, changes in BNY Mellon's assets and liabilities are reflected in the revenues and expenses on BNY Mellon's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in BNY Mellon High. Please read more on our technical analysis and fundamental analysis pages.
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 fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the United States.
Currently Active Assets on Macroaxis
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:Check out the analysis of BNY Mellon Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.