The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BNY Mellon are completely uncorrelated. Although it is extremely important to respect BNY Mellon Global historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing BNY Mellon Global technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days BNY Mellon Global Em Mkts Eq Value A EUR has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, BNY Mellon is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
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BNY Mellon Global Relative Risk vs. Return LandscapeIf you would invest (100.00) in BNY Mellon Global Em Mkts Eq Value A EUR on June 18, 2019 and sell it today you would earn a total of 100.00 from holding BNY Mellon Global Em Mkts Eq Value A EUR or generate -100.0% return on investment over 30 days. BNY Mellon Global Em Mkts Eq Value A EUR is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than BNY Mellon 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
BNY Mellon is very steady asset. BNY Mellon Global shows prevailing Real Value of 2.07 per share. The current price of the fund is 2.07. Based on Macroaxis valuation methodology, the entity appears to be fairly valued. We determine the value of BNY Mellon Global from analyzing fund fundamentals and technical indicators as well as its 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 = 0.0