If you would invest
2,045 in BANK OF NY MELLON on
April 21, 2013 and sell it today you would
earn a total of 325.00 from holding BANK OF NY MELLON or generate
15.89% return on investment over
30 days. BANK OF NY MELLON is currently producing 0.71% returns and takes up 1.4% volatility of returns over 30 trading days. Put another way, 18% of traded equities are less volatile than the company and 59% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, BANK OF NY MELLON is expected to generate 2.55 times more return on investment than the market. However, the company is 2.55 times more volatile than its market benchmark. It trades about 0.51 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.56 per unit of risk.