Bny Mellon New Fund Manager Performance Evaluation
| MNYIX Fund | USD 10.58 0.02 0.19% |
The fund shows a Beta (market volatility) of -0.084, 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
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Bny Mellon New are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Bny Mellon is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 30th of December 2022 | |
| Expense Ratio | 0.8400 |
Bny |
Bny Mellon Relative Risk vs. Return Landscape
If you would invest 1,051 in Bny Mellon New on September 5, 2024 and sell it today you would earn a total of 7.00 from holding Bny Mellon New or generate 0.67% return on investment over 90 days. Bny Mellon New is currently producing 0.0106% returns and takes up 0.2114% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Bny, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bny Mellon Current Valuation
Overvalued
Today
Please note that Bny Mellon's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Bny Mellon New shows a prevailing Real Value of $10.29 per share. The current price of the fund is $10.58. We determine the value of Bny Mellon New from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Bny Mellon is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Bny Mutual Fund. However, Bny Mellon's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.58 | Real 10.29 | Hype 10.58 | Naive 10.57 |
The intrinsic value of Bny Mellon's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Bny Mellon's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Bny Mellon New helps investors to forecast how Bny mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Bny Mellon more accurately as focusing exclusively on Bny Mellon's fundamentals will not take into account other important factors: 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 mutual funds, such as Bny Mellon New, 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 = 0.0501
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MNYIX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bny Mellon is performing at about 3% 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.
Bny Mellon Fundamentals Growth
Bny Mutual Fund 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 Mutual Fund performance.
| Total Asset | 8.92 M | ||||
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.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York State and New York City personal income taxes. Generally, the funds average effective portfolio maturity will be between three and ten years. The fund may invest in individual municipal and taxable bonds of any maturity or duration.Things to note about Bny Mellon New performance evaluation
Checking the ongoing alerts about Bny Mellon for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Bny Mellon New help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Bny Mellon New maintains about 99.95% of its assets in bonds |
- Analyzing Bny Mellon's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bny Mellon's stock is overvalued or undervalued compared to its peers.
- Examining Bny Mellon's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bny Mellon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bny Mellon's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Bny Mellon's mutual fund. These opinions can provide insight into Bny Mellon's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |