The organization shows Beta (market volatility) of 0.0698 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. Although it is essential to pay attention to BNY Mellon Lg historical returns, it is also good to be reasonable about what you can actually do with equity current trending patterns. Macroaxis approach towards foreseeing future performance of any fund is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if BNY Mellon Lg Trm Global Eq A GBP Acc expected return of 131.2001 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
|Horizon||30 Days Login to change|
BNY Mellon Lg Relative Risk vs. Return LandscapeIf you would invest 235.66 in BNY Mellon Lg Trm Global Eq A GBP Acc on February 23, 2019 and sell it today you would earn a total of 24,664 from holding BNY Mellon Lg Trm Global Eq A GBP Acc or generate 10466.07% return on investment over 30 days. BNY Mellon Lg Trm Global Eq A GBP Acc is generating 131.2001% of daily returns and assumes 360.421% volatility on return distribution over the 30 days horizon. Simply put, majority of traded equity instruments are less risky than BNY Mellon on the bases of their historical return distribution and most 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 Unknown risk asset. BNY Mellon Lg prevailing Real Value cannot be determined due to lack of data. The current price of BNY Mellon Lg is p;249.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BNY Mellon Lg 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 = 0.364
BNY Mellon Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon Lg Trm Global Eq A GBP Acc are ranked lower than 24 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||2.2775|
|Fifty Two Week High||2.5198|