BNY Tangible Asset Value from 2010 to 2026
| LEO Stock | USD 6.51 0.01 0.15% |
Tangible Asset Value | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
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 Interest Expense of 9.7 M, Selling General Administrative of 333.5 K or Other Operating Expenses of 9.9 M, as well as many indicators such as Dividend Yield of 0.0699, Ptb Ratio of 0.9 or Book Value Per Share of 12.19. BNY financial statements analysis is a perfect complement when working with BNY Mellon Valuation or Volatility modules.
BNY | Tangible Asset Value | Build AI portfolio with BNY Stock |
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 |
| 0.87 | DFN | Dividend 15 Split | PairCorr |
| 0.8 | CSOC-A | Canso Select Opportu | PairCorr |
| 0.85 | DGS | Dividend Growth Split | PairCorr |
| 0.79 | ASA | ASA Gold | PairCorr |
Moving against BNY Stock
| 0.56 | NMFC | New Mountain Finance | PairCorr |
| 0.5 | MFIC | MidCap Financial Inv | PairCorr |
| 0.33 | GSBD | Goldman Sachs BDC | 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.