Bny Mellon Etf Performance
| BKGI Etf | USD 32.17 0.26 0.81% |
The etf shows a Beta (market volatility) of 0.13, 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
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Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon ETF are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical and fundamental indicators, BNY Mellon is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
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BNY Mellon Relative Risk vs. Return Landscape
If you would invest 3,087 in BNY Mellon ETF on September 1, 2024 and sell it today you would earn a total of 130.00 from holding BNY Mellon ETF or generate 4.21% return on investment over 90 days. BNY Mellon ETF is currently generating 0.0669% in daily expected returns and assumes 0.6965% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than BNY, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 ETF, 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 = 0.096
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average BNY Mellon is performing at about 7% 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.
About BNY Mellon Performance
By evaluating 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. Please also refer to our technical analysis and fundamental analysis pages.
BNY Mellon is entity of United States. It is traded as Etf on BATS exchange.