BNY Return On Equity from 2010 to 2024
| LEO Stock | USD 6.41 0.03 0.47% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.1627608 | Current Value 0.17 | Quarterly Volatility 0.09843292 |
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 Depreciation And Amortization of 158.7 K, Interest Expense of 8.9 M or Selling General Administrative of 413.5 K, as well as many indicators such as Price To Sales Ratio of 43.94, Ptb Ratio of 0.89 or Days Sales Outstanding of 41.42. BNY financial statements analysis is a perfect complement when working with BNY Mellon Valuation or Volatility modules.
BNY | Return On Equity |
Latest BNY Mellon's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of BNY Mellon Strategic over the last few years. Return on Equity is the amount of BNY Mellon Strategic net income returned as a percentage of BNY Mellon equity. Return on equity measures BNY Mellon profitability by revealing how much profit BNY Mellon Strategic generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. BNY Mellon's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BNY Mellon's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.0631 | 10 Years Trend |
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Return On Equity |
| Timeline |
BNY Return On Equity Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.05 | |
| Coefficient Of Variation | 217.14 | |
| Mean Deviation | 0.07 | |
| Median | 0.06 | |
| Standard Deviation | 0.1 | |
| Sample Variance | 0.01 | |
| Range | 0.3986 | |
| R-Value | (0.02) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.0006 | |
| Significance | 0.93 | |
| Slope | (0.0005) | |
| Total Sum of Squares | 0.14 |
BNY Return On Equity History
About BNY Mellon Financial Statements
BNY Mellon investors utilize fundamental indicators, such as Return On Equity, to predict how BNY Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.16 | 0.17 |
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 against BNY Stock
| 0.61 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.58 | SYF | Synchrony Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.57 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.56 | AX | Axos Financial | PairCorr |
| 0.55 | SOFI | SoFi Technologies Aggressive Push | 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 the analysis of BNY Mellon Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BNY Mellon. If investors know BNY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BNY Mellon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.569 | Earnings Share 1.18 | Revenue Per Share 0.479 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0228 |
The market value of BNY Mellon Strategic 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.