Bank of New York Story

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BK -- USA Stock  

USD 37.67  0.11  0.29%

Bank of New York is generating 0.0719% of daily returns and assumes 1.7696% volatility on return distribution over the 90 days horizon. Since many greedy investors are excited about financial services space, let's examine Bank of New York against its current volatility. We will concentrate on why it could be a different year for Bank of New York shareholders.
Published over a week ago
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Is that a good time to trade Bank of New York (NYSE:BK)?
The company reports 73.26 B of total liabilities with total debt to equity ratio (D/E) of 0.57, which is normal for its line of buisiness.
Volatility is a rate at which the price of Bank of New York or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Bank of New York may increase or decrease. In other words, similar to Bank of New York's beta indicator, it measures the risk of Bank of New York and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bank of New York fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Bank of New York's Liquidity

Bank of New York financial leverage refers to using borrowed capital as a funding source to finance Bank Of New ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Bank of New York financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Bank of New York's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Bank of New York, but it might be worth checking our own buy vs. sell analysis

Bank of New York Volatility Drivers

Bank of New York unsystematic risk is unique to Bank of New York and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Bank of New York you can also buy The Blackstone Group. You can also mitigate this risk by investing in the asset management sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Bank of New York important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Bank of New York income statement and balance sheet. Here are more details about Bank of New York volatility.
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