Bank Of New Stock Probability of Future Stock Price Finishing Under 48.87
| BK Stock | USD 55.09 0.04 0.07% |
Closest to current price Bank long CALL Option Payoff at Expiration
Bank |
Bank of New York Target Price Odds to finish below 48.87
The tendency of Bank Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 48.87 or more in 90 days |
| 55.09 | 90 days | 48.87 | near 1 |
Based on a normal probability distribution, the odds of Bank of New York to drop to $ 48.87 or more in 90 days from now is near 1 (This Bank of New probability density function shows the probability of Bank Stock to fall within a particular range of prices over 90 days) . Probability of Bank of New York price to stay between $ 48.87 and its current price of $55.09 at the end of the 90-day period is about 34.58 .
Allowing for the 90-day total investment horizon Bank of New York has a beta of 0.91 suggesting Bank of New market returns are very sensitive to returns on the market. As the market goes up or down, Bank of New York is expected to follow. Additionally Bank of New has an alpha of 0.0257, implying that it can generate a 0.0257 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Bank of New York Price Density |
| Price |
Predictive Modules for Bank of New York
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of New York. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank of New York's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bank of New York Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Bank of New York is not an exception. The market had few large corrections towards the Bank of New York's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bank of New, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Bank of New York within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.91 | |
σ | Overall volatility | 1.01 | |
Ir | Information ratio | 0.02 |
Bank of New York Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Bank of New York for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank of New York can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: ASUR Files Form 20-F 2023 with the U.S. Securities and Exchange Commissionand Publishes Sustainability Report 2023 |
Bank of New York Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Bank Stock often depends not only on the future outlook of the current and potential Bank of New York's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bank of New York's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 787.8 M | |
| Cash And Short Term Investments | -116.5 B |
Bank of New York Technical Analysis
Bank of New York's future price can be derived by breaking down and analyzing its technical indicators over time. Bank Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank of New. In general, you should focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environments and drivers.
Bank of New York Predictive Forecast Models
Bank of New York's time-series forecasting models is one of many Bank of New York's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Bank of New York's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Bank of New York
Checking the ongoing alerts about Bank of New York for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Bank of New York help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: ASUR Files Form 20-F 2023 with the U.S. Securities and Exchange Commissionand Publishes Sustainability Report 2023 |
Check out Bank of New York Backtesting, Bank of New York Valuation, Bank of New York Correlation, Bank of New York Hype Analysis, Bank of New York Volatility, Bank of New York History as well as Bank of New York Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Bank Stock analysis
When running Bank of New York's price analysis, check to measure Bank of New York's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
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Is Bank of New York's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.68) | Dividend Share 1.58 | Earnings Share 3.87 | Revenue Per Share 22.17 | Quarterly Revenue Growth 0.084 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.