BANK NEW YORK Profile

06406YAA0 -  USA Bond  

 111.16  0.29  0.26%

06406YAA0 is trading at 111.16 as of the 19th of September 2021, a 0.26 percent increase since the beginning of the trading day. The bond's open price was 110.87. 06406YAA0 has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Ratings for BANK NEW YORK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of August 2021 and ending today, the 19th of September 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Default
Less than 41

06406YAA0 Bond Profile

BANK NEW YORK (06406YAA0) is traded in USA.

06406YAA0 Target Price Odds Analysis

What are 06406YAA0's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of 06406YAA0 jumping above the current price in 90 days from now is about 36.18%. The BANK NEW YORK probability density function shows the probability of 06406YAA0 bond to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BANK NEW YORK has a beta of -0.0305. This usually implies as returns on benchmark increase, returns on holding 06406YAA0 are expected to decrease at a much lower rate. During the bear market, however, BANK NEW YORK is likely to outperform the market. Additionally, the company has an alpha of 0.0071, implying that it can generate a 0.007079 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 111.16HorizonTargetOdds Up 111.16 
63.53%90 days
 111.16 
36.18%
Based on a normal probability distribution, the odds of 06406YAA0 to move above the current price in 90 days from now is about 36.18 (This BANK NEW YORK probability density function shows the probability of 06406YAA0 Bond to fall within a particular range of prices over 90 days) .

BANK NEW YORK Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 06406YAA0 market risk premium is the additional return an investor will receive from holding 06406YAA0 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 06406YAA0. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 06406YAA0's alpha and beta are two of the key measurements used to evaluate 06406YAA0's performance over the market, the standard measures of volatility play an important role as well.

06406YAA0 Against Markets

Picking the right benchmark for 06406YAA0 bond is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 06406YAA0 bond price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 06406YAA0 is critical whether you are bullish or bearish towards BANK NEW YORK at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 06406YAA0 without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Also, please take a look at World Market Map. Note that the BANK NEW YORK information on this page should be used as a complementary analysis to other 06406YAA0's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for 06406YAA0 Bond analysis

When running BANK NEW YORK price analysis, check to measure 06406YAA0's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 06406YAA0 is operating at the current time. Most of 06406YAA0's value examination focuses on studying past and present price action to predict the probability of 06406YAA0's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 06406YAA0's price. Additionally, you may evaluate how the addition of 06406YAA0 to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between 06406YAA0's value and its price as these two are different measures arrived at by different means. Investors typically determine 06406YAA0 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 06406YAA0'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.