DNLDX Mutual Fund Quote

BNY Mellon is trading at 69.07 as of the 24th of September 2021; that is No Change since the beginning of the trading day. The fund's open price was 69.07. Equity ratings for BNY Mellon Active are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of July 2021 and ending today, the 24th of September 2021. Click here to learn more.

BNY Mellon Mutual Fund Profile

To pursue its goal, the fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in the stocks of midsize companies. BNY Mellon is traded on NASDAQ Exchange in the United States. more on BNY Mellon
BNY Mellon Active is not yet fully synchronised with the market data
The fund generated three year return of -1.0%
BNY Mellon Active retains 99.37% of its assets under management (AUM) in equities
Legal NameBNY Mellon Active
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BNY Mellon's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Beta In Three Year1.1
Startdate9th of March 2017
BNY Mellon Active [DNLDX] is traded in USA and was established 24th of September 2021. The fund is listed under Mid-Cap Blend category and is part of BNY Mellon family. BNY Mellon Active currently has accumulated 489.9 M in assets under management (AUM) with minimum initial investment of 1 K. , while the total return for the last 3 years was -1.1%.
Check BNY Mellon Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on DNLDX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding BNY Mellon , and the less return is expected.

Top BNY Mellon Active Constituents

BNY Mellon Target Price Odds Analysis

What are BNY Mellon's target price odds to finish over the current price? Based on a normal probability distribution, the odds of BNY Mellon jumping above the current price in 90 days from now is about 21.4%. The BNY Mellon Active probability density function shows the probability of BNY Mellon mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon BNY Mellon Active has a beta of -0.2532 suggesting as returns on benchmark increase, returns on holding BNY Mellon are expected to decrease at a much lower rate. During the bear market, however, BNY Mellon Active is likely to outperform the market. Additionally, the company has an alpha of 0.0569, implying that it can generate a 0.0569 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 69.07HorizonTargetOdds Up 69.07 
78.20%90 days
 69.07 
21.40%
Based on a normal probability distribution, the odds of BNY Mellon to move above the current price in 90 days from now is about 21.4 (This BNY Mellon Active probability density function shows the probability of DNLDX Mutual Fund to fall within a particular range of prices over 90 days) .

BNY Mellon Active Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BNY Mellon market risk premium is the additional return an investor will receive from holding BNY Mellon 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 BNY Mellon. 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 BNY Mellon's alpha and beta are two of the key measurements used to evaluate BNY Mellon's performance over the market, the standard measures of volatility play an important role as well.

BNY Mellon Against Markets

Picking the right benchmark for BNY Mellon mutual fund 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 BNY Mellon mutual fund 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 BNY Mellon is critical whether you are bullish or bearish towards BNY Mellon Active at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BNY Mellon mutual fund to make a market-neutral strategy. Peer analysis of BNY Mellon could also be used in its relative valuation, which is a method of valuing BNY Mellon by comparing valuation metrics with similar companies.
Continue to Investing Opportunities. Note that the BNY Mellon Active information on this page should be used as a complementary analysis to other BNY Mellon'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for DNLDX Mutual Fund analysis

When running BNY Mellon Active price analysis, check to measure BNY Mellon'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 BNY Mellon is operating at the current time. Most of BNY Mellon's value examination focuses on studying past and present price action to predict the probability of BNY Mellon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BNY Mellon's price. Additionally, you may evaluate how the addition of BNY Mellon to your portfolios can decrease your overall portfolio volatility.
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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 BNY Mellon value 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.