Bny Mellon Municipal Fund Price on December 3, 2024

DMB Fund  USD 10.44  0.02  0.19%   
If you're considering investing in Bny Fund, it is important to understand the factors that can impact its price. As of today, the current price of Bny Mellon stands at 10.44, as last reported on the 3rd of February, with the highest price reaching 10.48 and the lowest price hitting 10.43 during the day. Bny Mellon Municipal secures Sharpe Ratio (or Efficiency) of -0.0488, which signifies that the fund had a -0.0488 % return per unit of risk over the last 3 months. Bny Mellon Municipal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bny Mellon's Mean Deviation of 0.45, risk adjusted performance of (0.04), and Standard Deviation of 0.6385 to double-check the risk estimate we provide.
  
Bny Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0488

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Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  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 Valuation on December 3, 2024

It is possible to determine the worth of Bny Mellon on a given historical date. On December 3, 2024 Bny was worth 10.99 at the beginning of the trading date compared to the closed value of 10.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bny Mellon fund. 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
  10.99    10.99    10.94    10.96    52,888  
12/03/2024
  10.99    11.01    10.94    10.99    89,735  
  11.01    11.01    10.96    10.99    44,896  
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Open Value
10.99
10.99
Closing Value
12.91
Upside

Bny Mellon Trading Date Momentum on December 3, 2024

On December 04 2024 Bny Mellon Municipal was traded for  10.99  at the closing time. Highest Bny Mellon's price during the trading hours was 11.01  and the lowest price during the day was  10.96 . The net volume was 44.9 K. The overall trading history on the 4th of December did not affect price variability. The overall trading delta to current price is 1.82% .

Bny Mellon Municipal 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 Fund 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 Municipal 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 Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States. Dreyfus Municipal is traded on New York Stock Exchange in the United States.

Bny Mellon Fund Technical Analysis

Bny Mellon technical fund 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, fund market cycles, or different charting patterns.
A focus of Bny Mellon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bny Mellon 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

Bny Mellon Period Price Range

Low
February 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Bny Mellon Municipal 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.

Bny Mellon February 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Bny Mellon fund 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 fund market strength indicators, traders can identify Bny Mellon Municipal 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 Fund 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.

Other Information on Investing in Bny Fund

Bny Mellon financial ratios help investors to determine whether Bny Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bny with respect to the benefits of owning Bny Mellon security.
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