Bank of New York Story

Earning per share calculations of Bank of New York is based on official Zacks consensus of 6 analysts regarding Bank of New York's future annual earnings. Given the historical accuracy of 95.32%, the future earnings per share of the company is estimated to be 3.9613 with the lowest and highest values of 3.9 and 4.04, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is Bank of New York a risky opportunity?

Let's check the volatility. Bank of New York is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Bank of New York (NYSE:BK) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of a Bank of New York stock makes you a part-owner of that company.

Bank Of New Current Consensus

Here is the recent trade recommendation based on an ongoing consensus estimate among financial analysis covering Bank of New York. The Bank of New York consensus assessment is calculated by taking the average estimates from all of the analysts covering Bank of New York

Strong Buy 5

Hold 7

Sell 1

	Strong Buy	5	38.46
	Buy	0	0.0
	Hold	7	53.85
	Sell	1	7.69
	Strong Sell	0	0.0

Bank of New York recent plunge is alarming

The coefficient of variation is down to 655.54 as of today. Bank Of New currently demonstrates below-verage downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.14. However, we do advice investors to further question Bank Of New expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Although other companies in the asset management industry are either recovering or due for a correction, Bank of New York may not be performing as strong as the other in terms of long-term growth potentials. With an optimistic outlook on your 30 days horizon, it may be a good time to acquire new shares of Bank of New York or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Bank of New York.