|Horizon||30 Days Login to change|
BNY Mellon Lg Technical Analysis
BNY Mellon Projected Return Density Against MarketAssuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Furthermore, BNY Mellon Lg Trm Global Eq A GBP AccIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
Predicted Return Density
BNY Mellon Return VolatilityBNY Mellon Lg Trm Global Eq A GBP Acc accepts 1.4615% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.