DNJYX Mutual Fund Quote

DNJYX -  USA Fund  

USD 13.22  0.01  0.08%

BNY Mellon is trading at 13.22 as of the 20th of September 2021; that is -0.08% down since the beginning of the trading day. The fund's open price was 13.23. BNY Mellon has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BNY Mellon New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of August 2021 and ending today, the 20th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

BNY Mellon Mutual Fund Profile

The investment seeks as high a level of current income exempt from federal and New Jersey income taxes as is consistent with the preservation of capital. BNY Mellon is traded on NASDAQ Exchange in the United States. more on BNY Mellon
BNY Mellon New generates negative expected return over the last 90 days
BNY Mellon New is unlikely to experience financial distress in the next 2 years
The fund retains about 98.82% of its assets under management (AUM) in fixed income securities
Legal NameBNY Mellon New
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BNY Mellon's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year1.1
Startdate10th of December 2009
BNY Mellon New [DNJYX] is traded in USA and was established 20th of September 2021. The fund is listed under Muni New Jersey category and is part of BNY Mellon family. BNY Mellon New currently has accumulated 423.84 M in assets under management (AUM) with minimum initial investment of 1000 K. , while the total return for the last 3 years was 3.17%.
Check BNY Mellon Probability Of Bankruptcy

Instrument Allocation

BNY Mellon New Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BNY Mellon market risk premium is the additional return an investor will receive from holding BNY Mellon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BNY Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BNY Mellon's alpha and beta are two of the key measurements used to evaluate BNY Mellon's performance over the market, the standard measures of volatility play an important role as well.

BNY Mellon Against Markets

Picking the right benchmark for BNY Mellon mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BNY Mellon mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BNY Mellon is critical whether you are bullish or bearish towards BNY Mellon New at a given time.

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Our tools can tell you how much better you can do entering a position in BNY Mellon without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Investing Opportunities. Note that the BNY Mellon New information on this page should be used as a complementary analysis to other BNY Mellon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running BNY Mellon New price analysis, check to measure BNY Mellon'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 BNY Mellon is operating at the current time. Most of BNY Mellon's value examination focuses on studying past and present price action to predict the probability of BNY Mellon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BNY Mellon's price. Additionally, you may evaluate how the addition of BNY Mellon to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine BNY Mellon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon'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.