Bny Mellon Core Etf Price on November 24, 2024
BKAG Etf | USD 42.11 0.13 0.31% |
Below is the normalized historical share price chart for BNY Mellon Core extending back to April 24, 2020. 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 BNY Mellon stands at 42.11, as last reported on the 27th of November, with the highest price reaching 42.24 and the lowest price hitting 42.03 during the day.
If you're considering investing in BNY Etf, it is important to understand the factors that can impact its price. BNY Mellon Core secures Sharpe Ratio (or Efficiency) of -0.0363, which signifies that the etf had a -0.0363% return per unit of volatility over the last 3 months. BNY Mellon Core exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BNY Mellon's risk adjusted performance of (0.06), and Mean Deviation of 0.2336 to double-check the risk estimate we provide.
BNY Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.76 | 200 Day MA 41.9002 | 1 y Volatility 7.75 | 50 Day MA 42.3315 | Inception Date 2020-04-22 |
BNY |
Sharpe Ratio = -0.0363
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Estimated Market Risk
0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BNY Mellon is not performing at its full potential. However, 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 BNY Mellon by adding BNY Mellon to a well-diversified portfolio.
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BNY Mellon Main Headline on 22nd of November 2024
GM Advisory Group LLC Increases Holdings in BNY Mellon Core ... by thelincolnianonline.com
GM Advisory Group LLC boosted its stake in shares of BNY Mellon Core Bond ETF by 148.0 percent during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 326,600 shares of the companys stock after buying an additional 194,921 shares during the period. BNY
BNY Mellon Valuation on November 24, 2024
It is possible to determine the worth of BNY Mellon on a given historical date. On November 24, 2024 BNY was worth 41.67 at the beginning of the trading date compared to the closed value of 41.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BNY Mellon etf. Still, in general, we apply an absolute valuation method to find BNY Mellon'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 BNY Mellon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BNY Mellon's related companies.
Open | High | Low | Close | Volume | |
41.68 | 41.73 | 41.61 | 41.61 | 331,292 | |
11/22/2024 | 41.67 | 41.70 | 41.61 | 41.68 | 250,270 |
41.92 | 42.03 | 41.92 | 42.03 | 146,600 |
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BNY Mellon Trading Date Momentum on November 24, 2024
On November 25 2024 BNY Mellon Core was traded for 42.03 at the closing time. The top price for the day was 42.03 and the lowest listed price was 41.92 . The trading volume for the day was 146.6 K. The trading history from November 25, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.84% . The overall trading delta against the current closing price is 1.34% . |
BNY Mellon Core Fundamentals Correlations and Trends
By evaluating BNY Mellon'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 BNY Mellon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BNY financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BNY Mellon Etf history
BNY Mellon 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 BNY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BNY Mellon Core 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 BNY Mellon stock prices may prove useful in developing a viable investing in BNY Mellon
To pursue its goal, the fund normally invests substantially all, but at least 80, of its assets in bonds comprising the Bloomberg US Aggregate Total Return Index and TBA transactions representing bonds included in the index. BNY Mellon is traded on NYSEARCA Exchange in the United States.
BNY Mellon Etf Technical Analysis
BNY Mellon technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
BNY Mellon Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
BNY Mellon Core cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
BNY Mellon November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BNY Mellon etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BNY Mellon shares will generate the highest return on investment. By undertsting and applying BNY Mellon etf market strength indicators, traders can identify BNY Mellon Core entry and exit signals to maximize returns
BNY Mellon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BNY Mellon's price direction in advance. Along with the technical and fundamental analysis of BNY Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of BNY 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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | 0.5227 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of BNY Mellon Core 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.