Bank Of New Stock Price on October 25, 2024

BK Stock  USD 81.87  0.13  0.16%   
Below is the normalized historical share price chart for Bank of New extending back to May 03, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of New York stands at 81.87, as last reported on the 29th of November, with the highest price reaching 82.72 and the lowest price hitting 81.87 during the day.
IPO Date
3rd of May 1973
200 Day MA
63.9414
50 Day MA
75.6656
Beta
1.06
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of New York appears to be very steady, given 3 months investment horizon. Bank of New York secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of New, which you can use to evaluate the volatility of the firm. Please makes use of Bank of New York's Downside Deviation of 0.8713, mean deviation of 0.8209, and Risk Adjusted Performance of 0.2268 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Bank of New York's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 871.9 M this year, although the value of Common Stock will most likely fall to about 12 M. . At this time, Bank of New York's Price Sales Ratio is quite stable compared to the past year. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2888

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Estimated Market Risk

 1.07
  actual daily
9
91% of assets are more volatile

Expected Return

 0.31
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
22
78% of assets perform better
Based on monthly moving average Bank of New York is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of New York by adding it to a well-diversified portfolio.
Price Book
1.5786
Price Sales
3.3387
Shares Float
725 M
Dividend Share
1.73
Wall Street Target Price
81.7319

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Bank of New York Valuation on October 25, 2024

It is possible to determine the worth of Bank of New York on a given historical date. On October 25, 2024 Bank was worth 76.47 at the beginning of the trading date compared to the closed value of 75.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of New York stock. Still, in general, we apply an absolute valuation method to find Bank of New York's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of New York where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of New York's related companies.
 Open High Low Close Volume
  76.50    76.73    76.10    76.50    2,823,093  
10/25/2024
  76.47    76.60    75.16    75.20    2,727,656  
  75.72    76.98    75.55    76.51    3,847,666  
Backtest Bank of New York  |  Bank of New York History  |  Bank of New York Valuation   PreviousNext  
Open Value
76.47
75.2
Closing Value
79.67
Upside

Bank of New York Trading Date Momentum on October 25, 2024

On October 28 2024 Bank of New was traded for  76.51  at the closing time. The highest price during the trading period was 76.98  and the lowest recorded bid was listed for  75.55 . The volume for the day was 3.8 M. This history from October 28, 2024 contributed to the next trading day price upswing. The overall trading delta to the next closing price was 1.74% . The overall trading delta to the current price is 0.20% .

Bank of New York Fundamentals Correlations and Trends

By evaluating Bank of New York's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of New York's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bank of New York Stock history

Bank of New York investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of New York will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of New York stock prices may prove useful in developing a viable investing in Bank of New York
Last ReportedProjected for Next Year
Common Stock Shares Outstanding787.8 M871.9 M
Net Income Applicable To Common Shares2.7 B2.5 B

Bank of New York Stock Technical Analysis

Bank of New York technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank of New York technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of New York trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bank of New York Period Price Range

Low
November 29, 2024
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High

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Bank of New cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bank of New York November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank of New York stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of New York shares will generate the highest return on investment. By undertsting and applying Bank of New York stock market strength indicators, traders can identify Bank of New entry and exit signals to maximize returns

Bank of New York Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank of New York's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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 Bank of New York. If investors know Bank 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 Bank of New York 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
0.22
Dividend Share
1.73
Earnings Share
4.47
Revenue Per Share
23.65
Quarterly Revenue Growth
0.047
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York'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.