Bny Mellon Large Etf Performance
| BKLC Etf | USD 108.18 1.19 1.11% |
The etf shows a Beta (market volatility) of -0.0344, 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
Very Weak
Weak | Strong |
Over the last 90 days BNY Mellon Large has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound essential indicators, BNY Mellon is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | 0.56 |
BNY |
BNY Mellon Relative Risk vs. Return Landscape
If you would invest 11,373 in BNY Mellon Large on December 21, 2024 and sell it today you would lose (567.00) from holding BNY Mellon Large or give up 4.99% of portfolio value over 90 days. BNY Mellon Large is currently does not generate positive expected returns and assumes 1.0043% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% 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 |
| 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 Large, 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 = -0.0799
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| Negative Returns | BKLC |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BNY Mellon is not performing at its full potential. However, 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 BNY Mellon 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.
| Total Asset | 410.82 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.
Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. BNY Mellon is traded on NYSEARCA Exchange in the United States.| BNY Mellon Large generated a negative expected return over the last 90 days | |
| The fund holds 99.74% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of BNY Mellon Large 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.