Bny Mellon Short Fund Price on September 4, 2024
BYSAX Fund | USD 9.72 0.01 0.10% |
If you're considering investing in Bny Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Bny Mellon stands at 9.72, as last reported on the 11th of December 2024, with the highest price reaching 9.72 and the lowest price hitting 9.72 during the day. Bny Mellon Short secures Sharpe Ratio (or Efficiency) of -0.0132, which signifies that the fund had a -0.0132% return per unit of risk over the last 3 months. Bny Mellon Short exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bny Mellon's Risk Adjusted Performance of (0.06), standard deviation of 0.1164, and Mean Deviation of 0.0802 to double-check the risk estimate we provide.
Bny Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Bny |
Sharpe Ratio = -0.0132
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Estimated Market Risk
0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 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 Valuation on September 4, 2024
It is possible to determine the worth of Bny Mellon on a given historical date. On September 4, 2024 Bny was worth 9.71 at the beginning of the trading date compared to the closed value of 9.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bny Mellon mutual fund. Still, in general, we apply an absolute valuation method to find Bny Mellon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bny Mellon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bny Mellon's related companies.
Open | High | Low | Close | Volume | |
9.69 | 9.69 | 9.69 | 9.69 | 1.00 | |
09/04/2024 | 9.71 | 9.71 | 9.71 | 9.71 | 1.00 |
9.72 | 9.72 | 9.72 | 9.72 | 1.00 |
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Bny Mellon Trading Date Momentum on September 4, 2024
On September 05 2024 Bny Mellon Short was traded for 9.72 at the closing time. The highest daily price throughout the period was 9.72 and the lowest price was 9.72 . There was no trading activity during the period 1.0. Lack of trading volume on 09/05/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.10% . The overall trading delta to current closing price is 0.41% . |
Bny Mellon Short Fundamentals Correlations and Trends
By evaluating Bny Mellon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bny Mellon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bny financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bny Mellon Mutual Fund history
Bny Mellon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bny is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bny Mellon Short will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bny Mellon stock prices may prove useful in developing a viable investing in Bny Mellon
To pursue its goal, the fund normally invests principally in fixed-income securities of U.S. and foreign issuers. The fund invests primarily in fixed-income securities rated,at the time of purchase,investment grade or the unrated equivalent as determined by the funds sub-adviser.
Bny Mellon Mutual Fund Technical Analysis
Bny Mellon technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Bny Mellon Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Bny Mellon Short cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bny Mellon December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Bny Mellon mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bny Mellon shares will generate the highest return on investment. By undertsting and applying Bny Mellon mutual fund market strength indicators, traders can identify Bny Mellon Short entry and exit signals to maximize returns
Bny Mellon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bny Mellon's price direction in advance. Along with the technical and fundamental analysis of Bny Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bny to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | 1.98 |
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Volume Indicators |
Other Information on Investing in Bny Mutual Fund
Bny Mellon financial ratios help investors to determine whether Bny Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bny with respect to the benefits of owning Bny Mellon security.
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