Bny Mellon Etf Performance
| BKDV Etf | 25.43 0.08 0.31% |
The etf shows a Beta (market volatility) of -0.0276, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BNY Mellon are expected to decrease at a much lower rate. During the bear market, BNY Mellon is likely to outperform the market.
Risk-Adjusted Performance
Modest
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Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon ETF are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable fundamental indicators, BNY Mellon is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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BNY Mellon Relative Risk vs. Return Landscape
If you would invest 2,466 in BNY Mellon ETF on December 20, 2024 and sell it today you would earn a total of 85.00 from holding BNY Mellon ETF or generate 3.45% return on investment over 90 days. BNY Mellon ETF is currently generating 0.0596% in daily expected returns and assumes 0.7929% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 = 0.0751
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average BNY Mellon is performing at about 5% 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
Evaluating BNY Mellon's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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.