Bny Mellon High Etf Performance
| DHF Etf | USD 2.61 0.03 1.14% |
The etf shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BNY Mellon's returns are expected to increase less than the market. However, during the bear market, the loss of holding BNY Mellon is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon High are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical indicators, BNY Mellon is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Disposition of tradable shares by Martella Joseph of BNY Mellon subject to Rule 16b-3 | 09/06/2024 |
2 | BNY Mellon Core Plus Fund Q2 2024 Commentary - Seeking Alpha | 09/12/2024 |
3 | BNY Mellon High Yield Strategies Fund declares 0.0175 dividend | 09/24/2024 |
4 | Disposition of tradable shares by Cronk Kevin L. of BNY Mellon subject to Rule 16b-3 | 10/30/2024 |
| Expense Ratio | 1.3600 |
BNY |
BNY Mellon Relative Risk vs. Return Landscape
If you would invest 250.00 in BNY Mellon High on August 31, 2024 and sell it today you would earn a total of 11.00 from holding BNY Mellon High or generate 4.4% return on investment over 90 days. BNY Mellon High is generating 0.0728% of daily returns assuming volatility of 0.9442% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than BNY, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
BNY Mellon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BNY Mellon's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BNY Mellon High, and traders can use it to determine the average amount a BNY Mellon's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0771
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average BNY Mellon is performing at about 6% 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.
BNY Mellon Fundamentals Growth
BNY Etf prices reflect investors' perceptions of the future prospects and financial health of BNY Mellon, and BNY Mellon fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BNY Etf performance.
| Return On Equity | -0.13 | ||||
| Return On Asset | 3.4 | ||||
| Profit Margin | (1.45) % | ||||
| Operating Margin | 85.64 % | ||||
| Current Valuation | 251.72 M | ||||
| Shares Outstanding | 72.73 M | ||||
| Price To Earning | 585.00 X | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 8.00 X | ||||
| Revenue | 21.28 M | ||||
| Cash And Equivalents | 123.21 K | ||||
| Total Debt | 96.18 M | ||||
| Debt To Equity | 0.43 % | ||||
| Book Value Per Share | 3.09 X | ||||
| Cash Flow From Operations | 17 M | ||||
| Earnings Per Share | 0 X | ||||
| Total Asset | 295.77 M | ||||
| Retained Earnings | (591.26 M) | ||||
About BNY Mellon Performance
By analyzing BNY Mellon's fundamental ratios, stakeholders can gain valuable insights into BNY Mellon's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BNY Mellon has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if BNY Mellon has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BNY Mellon High Yield Strategies Fund is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in fixed income securities of below investment grade quality, including securities of companies at early stages of development and companies with a highly leveraged financial structure. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch U.S High Yield Master II Constrained Index. It was formerly known as Dreyfus High Yield Strategies Fund. BNY Mellon High Yield Strategies Fund was formed in April 29, 1998 and is domiciled in the United States.| The company reported the last year's revenue of 21.28 M. Reported Net Loss for the year was (308.72 K) with profit before taxes, overhead, and interest of 21.28 M. |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BNY Mellon High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of BNY Mellon High 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.