The organization shows Beta (market volatility) of 0.0724 which signifies that as returns on market increase, BNY Mellon returns are expected to increase less than the market. However during bear market, the loss on holding BNY Mellon will be expected to be smaller as well.. Even though it is essential to pay attention to BNY Mellon US historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BNY Mellon US Opportunities C USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
BNY Mellon US Relative Risk vs. Return LandscapeIf you would invest 130.00 in BNY Mellon US Opportunities C USD on November 16, 2018 and sell it today you would lose (9.00) from holding BNY Mellon US Opportunities C USD or give up 6.92% of portfolio value over 30 days. BNY Mellon US Opportunities C USD is generating negative expected returns and assumes 2.3624% volatility on return distribution over the 30 days horizon. Simply put, 21% of equities are less volatile than BNY Mellon US Opportunities C USD and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
BNY Mellon Current Valuation
December 16, 2018
BNY Mellon is Unknown risk asset. BNY Mellon US prevailing Real Value cannot be determined due to lack of data. The current price of BNY Mellon US is $1.27. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis commonly approximates value of BNY Mellon US from analyzing the entity technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point future time assets prices and their ongoing real values will blend.
BNY Mellon Market Risk Analysis
Sharpe Ratio = -0.9922
BNY Mellon Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days BNY Mellon US Opportunities C USD has generated negative risk-adjusted returns adding no value to fund investors.
|Annual Report Expense Ratio||1.16%|