Bny Mellon International Etf Statistic Functions Beta
| BKIE Etf | USD 98.26 0.75 0.77% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on BNY Mellon International correlated with the market. If Beta is less than 0 BNY Mellon generally moves in the opposite direction as compared to the market. If BNY Mellon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BNY Mellon International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BNY Mellon is generally in the same direction as the market. If Beta > 1 BNY Mellon moves generally in the same direction as, but more than the movement of the benchmark.
BNY Mellon Technical Analysis Modules
Most technical analysis of BNY Mellon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BNY from various momentum indicators to cycle indicators. When you analyze BNY charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About BNY Mellon Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BNY Mellon International. We use our internally-developed statistical techniques to arrive at the intrinsic value of BNY Mellon International based on widely used predictive technical indicators. In general, we focus on analyzing BNY Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BNY Mellon's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of BNY Mellon's intrinsic value. In addition to deriving basic predictive indicators for BNY Mellon, we also check how macroeconomic factors affect BNY Mellon price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested over 90 shares | |
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 | ESG Investing Sold few shares | |
 | Corona Opportunity Invested over 90 shares | |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
BNY Mellon International's market price often diverges from its book value, the accounting figure shown on BNY's balance sheet. Smart investors calculate BNY Mellon's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since BNY Mellon's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between BNY Mellon's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding BNY Mellon should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. 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.