|IE00B8P0T473 -- Ireland Fund|| |
USD 1.40 0.0014 0.10%
The organization shows Beta (market volatility) of -0.1338 which signifies that as returns on market increase, returns on owning BNY Mellon are expected to decrease at a much smaller rate. During bear market, BNY Mellon is likely to outperform the market. 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 0.1821% will be sustainable into the future.
Risk-Adjusted Fund Performance
Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon Global Emerg Mkts W USD Acc are ranked lower than 14 (%) of all funds and portfolios of funds over the last 30 days. Inspite very weak forward-looking indicators, BNY Mellon may actually be approaching a critical reversion point that can send shares even higher in May 2019.
|Fifty Two Week Low||1.1868|
|Fifty Two Week High||1.3571|
|Annual Report Expense Ratio||0.88%|
BNY Mellon Global Relative Risk vs. Return Landscape
If you would invest 131.85
in BNY Mellon Global Emerg Mkts W USD Acc on March 23, 2019
and sell it today you would earn a total of 8.01
from holding BNY Mellon Global Emerg Mkts W USD Acc or generate 6.08%
return on investment over 30
days. BNY Mellon Global Emerg Mkts W USD Acc is generating 0.1821% of daily returns and assumes 0.8196% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than BNY Mellon and 97% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, BNY Mellon is expected to generate 1.41 times more return on investment than the market. However, the company is 1.41 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of risk.
BNY Mellon Current Valuation
April 22, 2019
BNY Mellon Market Risk Analysis
Sharpe Ratio = 0.2222
BNY Mellon Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average BNY Mellon is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BNY Mellon
by adding it to a well-diversified