Bny Mellon Municipalome Stock Market Value
| DMF Stock | USD 7.50 0.05 0.67% |
| Symbol | Bny |
Bny Mellon Municipalome Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bny Mellon. If investors know Bny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bny Mellon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.421 | Earnings Share 1.24 | Revenue Per Share 0.474 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0204 |
The market value of Bny Mellon Municipalome 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.
Bny Mellon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bny Mellon's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bny Mellon.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Bny Mellon on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Bny Mellon Municipalome or generate 0.0% return on investment in Bny Mellon over 180 days. Bny Mellon is related to or competes with Blackrock Muniyield, Blackrock Muni, Blackrock Muniyield, Blackrock Muniyield, Blackrock Muniholdings, Blackrock Muniholdings, and DTF Tax. BNY Mellon Municipal Income, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investme... More
Bny Mellon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bny Mellon's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bny Mellon Municipalome upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7451 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 0.8511 |
Bny Mellon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bny Mellon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bny Mellon's standard deviation. In reality, there are many statistical measures that can use Bny Mellon historical prices to predict the future Bny Mellon's volatility.| Risk Adjusted Performance | 0.0675 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.4446 |
Bny Mellon Municipalome Backtested Returns
At this point, Bny Mellon is very steady. Bny Mellon Municipalome secures Sharpe Ratio (or Efficiency) of 0.0733, which signifies that the company had a 0.0733% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bny Mellon Municipalome, which you can use to evaluate the volatility of the firm. Please confirm Bny Mellon's Risk Adjusted Performance of 0.0675, mean deviation of 0.4628, and Downside Deviation of 0.7451 to double-check if the risk estimate we provide is consistent with the expected return of 0.0471%. Bny Mellon has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, 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. Bny Mellon Municipalome right now shows a risk of 0.64%. Please confirm Bny Mellon Municipalome kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to decide if Bny Mellon Municipalome will be following its price patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
Bny Mellon Municipalome has poor reverse predictability. Overlapping area represents the amount of predictability between Bny Mellon time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bny Mellon Municipalome price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Bny Mellon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Bny Mellon Municipalome lagged returns against current returns
Autocorrelation, which is Bny Mellon stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bny Mellon's stock expected returns. We can calculate the autocorrelation of Bny Mellon returns to help us make a trade decision. For example, suppose you find that Bny Mellon has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Bny Mellon regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bny Mellon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bny Mellon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bny Mellon stock over time.
Current vs Lagged Prices |
| Timeline |
Bny Mellon Lagged Returns
When evaluating Bny Mellon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bny Mellon stock have on its future price. Bny Mellon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bny Mellon autocorrelation shows the relationship between Bny Mellon stock current value and its past values and can show if there is a momentum factor associated with investing in Bny Mellon Municipalome.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Bny Mellon Municipalome is a strong investment it is important to analyze Bny Mellon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bny Mellon's future performance. For an informed investment choice regarding Bny Stock, refer to the following important reports:Check out Bny Mellon Correlation, Bny Mellon Volatility and Bny Mellon Alpha and Beta module to complement your research on Bny Mellon. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Bny 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.