Bank of New York Mellon (Germany) Price on September 5, 2024
| BN9 Stock | EUR 76.86 0.75 0.97% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank of New York Mellon stands at 76.86, as last reported on the 27th of November, with the highest price reaching 77.90 and the lowest price hitting 76.85 during the day. Bank of New York Mellon appears to be very steady, given 3 months investment horizon. Bank of New York Mellon secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for The Bank of, which you can use to evaluate the volatility of the firm. Please makes use of Bank of New York Mellon's Semi Deviation of 0.5592, mean deviation of 1.04, and Risk Adjusted Performance of 0.2422 to double-check if our risk estimates are consistent with your expectations.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.2924
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Bank of New York Mellon is performing at about 23% 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 Mellon by adding it to a well-diversified portfolio.
Bank of New York Mellon Valuation on September 5, 2024
It is possible to determine the worth of Bank of New York Mellon on a given historical date. On September 5, 2024 Bank was worth 60.39 at the beginning of the trading date compared to the closed value of 61.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of New York Mellon stock. Still, in general, we apply an absolute valuation method to find Bank of New York 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 Bank of New York Mellon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of New York Mellon's related companies.
| Open | High | Low | Close | Volume | |
| 60.36 | 60.36 | 60.36 | 60.36 | 1.00 | |
09/05/2024 | 60.39 | 61.27 | 60.39 | 61.27 | 200.00 |
| 60.49 | 60.49 | 60.49 | 60.49 | 1.00 |
| Backtest Bank of New York Mellon | | | Bank of New York Mellon History | | | Bank of New York Mellon Valuation | Previous | Next |
Bank of New York Mellon Trading Date Momentum on September 5, 2024
| On September 06 2024 The Bank of was traded for 60.49 at the closing time. The highest daily price throughout the period was 60.49 and the lowest price was 60.49 . There was no trading activity during the period 1.0. Lack of trading volume on 09/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.27% . The trading price change to current closing price is 0.11% . |
Bank of New York Mellon Fundamentals Correlations and Trends
By evaluating Bank of New York 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 Bank of New York Mellon'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 Mellon Stock history
Bank of New York 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 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 Mellon 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 Mellon stock prices may prove useful in developing a viable investing in Bank of New York Mellon
The Bank of New York Mellon Corporation provides a range of financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York. BK N operates under Asset Management classification in Germany and is traded on Frankfurt Stock Exchange. It employs 49100 people.
Bank of New York Mellon Stock Technical Analysis
Bank of New York Mellon 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.
Price Boundaries
Bank of New York Mellon Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
The Bank of cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Mellon November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of New York Mellon 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 Mellon shares will generate the highest return on investment. By undertsting and applying Bank of New York Mellon stock market strength indicators, traders can identify The Bank of entry and exit signals to maximize returns
Bank of New York Mellon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of New York Mellon'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.
| Risk Adjusted Performance | 0.2422 | |||
| Jensen Alpha | 0.428 | |||
| Total Risk Alpha | 0.2023 | |||
| Sortino Ratio | 0.2929 | |||
| Treynor Ratio | (3.41) |
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| Volume Indicators |
Complementary Tools for Bank Stock analysis
When running Bank of New York Mellon's price analysis, check to measure Bank of New York Mellon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of New York Mellon is operating at the current time. Most of Bank of New York Mellon's value examination focuses on studying past and present price action to predict the probability of Bank of New York Mellon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of New York Mellon's price. Additionally, you may evaluate how the addition of Bank of New York Mellon to your portfolios can decrease your overall portfolio volatility.
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