Bny Mellon Large Etf Price on July 10, 2024
BKLC Etf | USD 114.46 0.50 0.43% |
Below is the normalized historical share price chart for BNY Mellon Large extending back to April 09, 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 114.46, as last reported on the 28th of November, with the highest price reaching 114.90 and the lowest price hitting 114.30 during the day.
If you're considering investing in BNY Etf, it is important to understand the factors that can impact its price. At this point, BNY Mellon is very steady. BNY Mellon Large secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the etf had a 0.14% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for BNY Mellon Large, which you can use to evaluate the volatility of the entity. Please confirm BNY Mellon's mean deviation of 0.5617, and Risk Adjusted Performance of 0.1209 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
BNY Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.32 | 200 Day MA 103.306 | 1 y Volatility 11.51 | 50 Day MA 110.5878 | Inception Date 2020-04-07 |
BNY |
Sharpe Ratio = 0.1432
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Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average BNY Mellon is performing at about 11% 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 BNY Mellon by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 316.6 K |
BNY Mellon Valuation on July 10, 2024
It is possible to determine the worth of BNY Mellon on a given historical date. On July 10, 2024 BNY was worth 105.63 at the beginning of the trading date compared to the closed value of 106.32. 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 | |
105.50 | 105.56 | 105.28 | 105.37 | 94,800 | |
07/10/2024 | 105.63 | 106.34 | 105.50 | 106.32 | 29,700 |
106.38 | 106.53 | 105.32 | 105.45 | 46,100 |
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BNY Mellon Trading Date Momentum on July 10, 2024
On July 11 2024 BNY Mellon Large was traded for 105.45 at the closing time. The top price for the day was 106.53 and the lowest listed price was 105.32 . The trading volume for the day was 46.1 K. The trading history from July 11, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.82% . The overall trading delta against the current closing price is 1.43% . |
BNY Mellon Large 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 Large 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
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 28, 2024
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0.00 | 0.00 |
BNY Mellon Large 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 28, 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 Large 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 | 0.1209 | |||
Jensen Alpha | 0.011 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.1334 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of BNY Mellon Large 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.