Bank Free Cash Flow vs Dividend Yield Analysis

BK Stock  USD 56.93  0.32  0.57%   
Bank of New York financial indicator trend analysis is way more than just evaluating Bank of New York prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of New York is a good investment. Please check the relationship between Bank of New York Free Cash Flow and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Free Cash Flow vs Dividend Yield

Free Cash Flow vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of New York Free Cash Flow account and Dividend Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bank of New York's Free Cash Flow and Dividend Yield is 0.11. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Bank Of New, assuming nothing else is changed. The correlation between historical values of Bank of New York's Free Cash Flow and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Bank Of New are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow i.e., Bank of New York's Free Cash Flow and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Dividend Yield

Dividend Yield is Bank Of New dividend as a percentage of Bank of New York stock price. Bank of New York dividend yield is a measure of Bank of New York stock productivity, which can be interpreted as interest rate earned on an Bank of New York investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Bank of New York's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of New York current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
The value of Selling General Administrative is expected to slide to about 3.7 B. The value of Discontinued Operations is estimated to slide to about (79.7 M)
 2021 2022 2023 2024 (projected)
Interest Expense227M3.6B2.3B1.6B
Depreciation And Amortization82M67M1.7B1.8B

Bank of New York fundamental ratios Correlations

0.54-0.20.310.980.73-0.660.76-0.350.36-0.920.630.290.121.00.68-0.920.920.930.790.750.20.250.690.48-0.02
0.540.640.920.550.620.130.790.420.65-0.470.080.92-0.410.540.76-0.470.80.470.110.05-0.680.57-0.010.56-0.35
-0.20.640.81-0.210.060.50.130.670.190.21-0.330.84-0.4-0.190.260.210.15-0.22-0.62-0.43-0.870.53-0.410.11-0.13
0.310.920.810.270.470.260.620.590.55-0.19-0.161.0-0.520.320.65-0.190.650.18-0.14-0.13-0.840.66-0.180.57-0.31
0.980.55-0.210.270.69-0.580.76-0.390.41-0.950.680.250.160.970.63-0.950.880.960.80.690.210.180.650.38-0.07
0.730.620.060.470.69-0.290.90.010.58-0.520.050.43-0.470.730.97-0.520.810.530.480.41-0.160.330.250.79-0.35
-0.660.130.50.26-0.58-0.29-0.090.610.370.65-0.70.26-0.58-0.66-0.170.65-0.38-0.65-0.57-0.94-0.710.02-0.93-0.05-0.51
0.760.790.130.620.760.9-0.090.120.81-0.580.070.58-0.510.760.92-0.580.890.590.550.26-0.330.340.120.79-0.53
-0.350.420.670.59-0.390.010.610.120.260.4-0.590.6-0.59-0.340.20.4-0.03-0.41-0.56-0.55-0.80.31-0.590.34-0.25
0.360.650.190.550.410.580.370.810.26-0.2-0.260.5-0.690.360.63-0.20.550.210.33-0.2-0.540.09-0.360.64-0.86
-0.92-0.470.21-0.19-0.95-0.520.65-0.580.4-0.2-0.85-0.19-0.4-0.92-0.481.0-0.8-1.0-0.73-0.74-0.3-0.18-0.76-0.18-0.15
0.630.08-0.33-0.160.680.05-0.70.07-0.59-0.26-0.85-0.140.820.62-0.03-0.850.390.840.520.70.58-0.030.81-0.320.5
0.290.920.841.00.250.430.260.580.60.5-0.19-0.14-0.480.290.62-0.190.620.18-0.19-0.13-0.840.67-0.170.52-0.26
0.12-0.41-0.4-0.520.16-0.47-0.58-0.51-0.59-0.69-0.40.82-0.480.11-0.56-0.4-0.180.390.180.480.72-0.260.65-0.720.72
1.00.54-0.190.320.970.73-0.660.76-0.340.36-0.920.620.290.110.69-0.920.920.920.790.750.20.250.70.49-0.02
0.680.760.260.650.630.97-0.170.920.20.63-0.48-0.030.62-0.560.69-0.480.840.480.360.3-0.370.460.150.84-0.37
-0.92-0.470.21-0.19-0.95-0.520.65-0.580.4-0.21.0-0.85-0.19-0.4-0.92-0.48-0.8-1.0-0.73-0.74-0.3-0.18-0.76-0.18-0.15
0.920.80.150.650.880.81-0.380.89-0.030.55-0.80.390.62-0.180.920.84-0.80.80.580.51-0.20.490.440.66-0.16
0.930.47-0.220.180.960.53-0.650.59-0.410.21-1.00.840.180.390.920.48-1.00.80.740.750.310.170.760.190.14
0.790.11-0.62-0.140.80.48-0.570.55-0.560.33-0.730.52-0.190.180.790.36-0.730.580.740.70.48-0.130.640.29-0.14
0.750.05-0.43-0.130.690.41-0.940.26-0.55-0.2-0.740.7-0.130.480.750.3-0.740.510.750.70.590.030.960.140.38
0.2-0.68-0.87-0.840.21-0.16-0.71-0.33-0.8-0.54-0.30.58-0.840.720.2-0.37-0.3-0.20.310.480.59-0.490.65-0.420.47
0.250.570.530.660.180.330.020.340.310.09-0.18-0.030.67-0.260.250.46-0.180.490.17-0.130.03-0.490.050.410.07
0.69-0.01-0.41-0.180.650.25-0.930.12-0.59-0.36-0.760.81-0.170.650.70.15-0.760.440.760.640.960.650.05-0.050.55
0.480.560.110.570.380.79-0.050.790.340.64-0.18-0.320.52-0.720.490.84-0.180.660.190.290.14-0.420.41-0.05-0.44
-0.02-0.35-0.13-0.31-0.07-0.35-0.51-0.53-0.25-0.86-0.150.5-0.260.72-0.02-0.37-0.15-0.160.14-0.140.380.470.070.55-0.44
Click cells to compare fundamentals

Bank of New York Account Relationship Matchups

Bank of New York fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets381.5B469.6B444.4B405.8B410.0B430.5B
Short Long Term Debt Total32.1B26.3B26.7B30.9B66.0B69.3B
Other Current Liab(168M)(41.8B)(40.1B)(41.8B)48.0B50.4B
Total Current Liabilities22.7B25.1B25.2B23.4B103.2B108.4B
Total Stockholder Equity41.5B45.8B43.0B40.7B40.9B42.9B
Property Plant And Equipment Net3.6B3.6B3.4B3.3B3.2B3.3B
Net Debt(82.6B)(139.0B)(94.7B)(83.0B)(59.2B)(56.2B)
Retained Earnings31.9B34.2B36.7B37.9B39.7B41.6B
Non Currrent Assets Other(161.0B)(196.3B)(203.1B)3.7B5.9B6.2B
Other Assets47.5B48.2B68.6B66.1B76.0B79.8B
Common Stock Shares Outstanding943.1M892.5M856.4M814.8M787.8M871.9M
Liabilities And Stockholders Equity381.5B469.6B444.4B405.8B410.0B430.5B
Non Current Liabilities Total28.1B26.3B26.7B23.4B265.7B279.0B
Other Stockholder Equity8.7B8.0B3.7B4.0B1.8B1.7B
Total Liab339.8B423.5B401.0B364.9B368.9B387.4B
Property Plant And Equipment Gross1.6B1.8B3.6B3.6B4.1B4.3B
Non Current Assets Total161.0B196.3B203.1B178.8B231.3B242.9B
Accounts Payable18.8B25.1B25.2B23.4B18.4B9.7B
Cash114.7B165.3B121.3B113.9B125.2B63.2B
Cash And Short Term Investments172.4B224.6B166.8B154.0B(116.5B)(110.6B)
Net Receivables624M510M5.9B858M8.6B9.0B
Total Current Assets173.1B225.1B172.7B160.9B178.7B100.9B
Accumulated Other Comprehensive Income(2.6B)(985M)(2.2B)(6.0B)(4.9B)(4.6B)
Short Term Debt4.0B41.6B39.9B41.7B36.7B38.5B
Other Liab5.1B7.5B6.7B6.5B5.8B5.5B
Long Term Debt32.9B32.4B32.1B30.9B31.7B24.6B
Short Term Investments57.8B59.3B45.5B46.6B44.1B53.9B
Inventory(165.5B)(218.8B)(179.4B)(150.9B)107.9B113.3B
Treasury Stock(15.5B)(18.8B)(19.8B)(24.4B)(22.0B)(20.9B)
Property Plant Equipment3.6B3.6B3.4B3.3B3.7B1.9B
Good Will17.4B17.5B17.5B16.2B16.3B15.0B
Other Current Assets165.5B218.8B179.4B157.0B178.7B187.6B
Intangible Assets3.1B3.0B5.1B2.9B5.3B3.4B
Noncontrolling Interest In Consolidated Entity101M102M143M196M176.4M167.6M
Retained Earnings Total Equity28.7B31.9B34.2B36.7B42.2B25.4B

Bank of New York Investors Sentiment

The influence of Bank of New York's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bank. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Bank of New York's public news can be used to forecast risks associated with an investment in Bank. The trend in average sentiment can be used to explain how an investor holding Bank can time the market purely based on public headlines and social activities around Bank Of New. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bank of New York's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bank of New York's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bank of New York's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bank of New York.

Bank of New York Implied Volatility

    
  26.47  
Bank of New York's implied volatility exposes the market's sentiment of Bank Of New stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bank of New York's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bank of New York stock will not fluctuate a lot when Bank of New York's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bank of New York in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bank of New York's short interest history, or implied volatility extrapolated from Bank of New York options trading.

Pair Trading with Bank of New York

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of New York position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of New York will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

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Moving against Bank Stock

  0.76MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
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  0.73BY Byline Bancorp Normal TradingPairCorr
  0.66MCBC Macatawa Bank Fiscal Quarter End 31st of March 2024 PairCorr
  0.57DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to Bank of New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of New York when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of New York - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of New to buy it.
The correlation of Bank of New York is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of New York moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of New York can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bank of New York is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bank Of New Stock. Highlighted below are key reports to facilitate an investment decision about Bank Of New Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.