Bank Of New Stock Buy Hold or Sell Recommendation

BK Stock  USD 57.62  0.69  1.21%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Bank Of New is 'Buy'. Macroaxis provides Bank of New York buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BK positions. The advice algorithm takes into account all of Bank of New York's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bank of New York's buy or sell advice are summarized below:
Real Value
68.57
Target Price
52.3
Hype Value
57.62
Market Value
57.62
Naive Value
57.75
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bank Of New given historical horizon and risk tolerance towards Bank of New York. When Macroaxis issues a 'buy' or 'sell' recommendation for Bank Of New, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Bank of New York Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Bank and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

Execute Bank of New York Buy or Sell Advice

The Bank recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bank Of New. Macroaxis does not own or have any residual interests in Bank Of New or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bank of New York's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Bank of New YorkBuy Bank of New York
Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Bank Of New has a Risk Adjusted Performance of 0.1127, Jensen Alpha of 0.0715, Total Risk Alpha of (0.04), Sortino Ratio of 0.0526 and Treynor Ratio of 0.2092
Our advice module provides unbiased investment recommendation that can be used to complement current average analyst sentiment on Bank Of New. Our advice engine provides an advice for the firm potential to grow from the perspective of an investor's risk tolerance and investing horizon. To make sure Bank of New York is not overpriced, please confirm all Bank of New York fundamentals, including its ebitda, book value per share, and the relationship between the price to sales and cash per share . Given that Bank of New York has a price to earning of 13.92 X, we suggest you to validate Bank Of New market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Bank of New York Trading Alerts and Improvement Suggestions

Over 87.0% of the company shares are held by institutions such as insurance companies
On 2nd of February 2024 Bank of New York paid $ 0.42 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: What Will the FOMC Do in 2024

Bank of New York Returns Distribution Density

The distribution of Bank of New York's historical returns is an attempt to chart the uncertainty of Bank of New York's future price movements. The chart of the probability distribution of Bank of New York daily returns describes the distribution of returns around its average expected value. We use Bank Of New price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bank of New York returns is essential to provide solid investment advice for Bank of New York.
Mean Return
0.19
Value At Risk
-1.12
Potential Upside
1.51
Standard Deviation
0.96
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bank of New York historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Bank Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Bank of New York is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank Of New backward and forwards among themselves. Bank of New York's institutional investor refers to the entity that pools money to purchase Bank of New York's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Goldman Sachs Group Inc2023-12-31
11.2 M
Longview Partners (guernsey) Ltd.2023-12-31
11.1 M
American Century Companies Inc2023-12-31
9.8 M
Hotchkis & Wiley Capital Management Llc2023-12-31
9.5 M
Northern Trust Corp2023-12-31
9.1 M
Harris Associates L.p.2023-12-31
8.8 M
Nuveen Asset Management, Llc2023-12-31
8.7 M
Wells Fargo & Co2023-12-31
8.7 M
Ameriprise Financial Inc2023-12-31
8.5 M
Vanguard Group Inc2023-12-31
74.5 M
Blackrock Inc2023-12-31
64.4 M
Note, although Bank of New York's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bank of New York Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(991M)2.2B464M1.6B(3.2B)(3.0B)
Free Cash Flow(1.1B)3.8B1.6B13.7B4.7B2.5B
Depreciation1.3B1.6B1.9B1.6B1.7B1.8B
Other Non Cash Items(52M)278M(242M)1.2B3.7B3.9B
Capital Expenditures1.2B1.2B1.2B1.3B1.2B1.3B
Net Income4.4B3.6B3.8B2.6B3.3B1.9B
End Period Cash Flow7.3B9.4B9.9B11.5B8.3B5.3B
Dividends Paid1.3B1.3B1.3B1.4B(1.5B)(1.4B)
Investments(20.5B)(78.8B)(47.2B)19.9B20.7B21.7B
Net Borrowings(5.7B)(6.8B)1.4B4.9B4.4B4.6B
Change To Netincome(5.3B)(378M)(1.9B)1.3B1.5B1.6B

Bank of New York Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bank of New York or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bank of New York's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bank stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.07
β
Beta against NYSE Composite0.85
σ
Overall volatility
0.99
Ir
Information ratio 0.05

Bank of New York Volatility Alert

Bank Of New has low volatility with Treynor Ratio of 0.21, Maximum Drawdown of 7.14 and kurtosis of 4.64. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bank of New York's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bank of New York's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Bank of New York Implied Volatility

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.

Bank of New York Fundamentals Vs Peers

Comparing Bank of New York's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bank of New York's direct or indirect competition across all of the common fundamentals between Bank of New York and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bank of New York or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bank of New York's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bank of New York by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Bank of New York to competition
FundamentalsBank of New YorkPeer Average
Return On Equity0.0803-0.31
Return On Asset0.0081-0.14
Profit Margin0.19 %(1.27) %
Operating Margin0.29 %(5.51) %
Current Valuation(47.62 B)16.62 B
Shares Outstanding752.87 M571.82 M
Shares Owned By Insiders0.15 %10.09 %
Shares Owned By Institutions87.40 %39.21 %
Number Of Shares Shorted7.59 M4.71 M
Price To Earning13.92 X28.72 X
Price To Book1.17 X9.51 X
Price To Sales2.47 X11.42 X
Revenue33.7 B9.43 B
Gross Profit16.34 B27.38 B
EBITDA55 M3.9 B
Net Income3.29 B570.98 M
Cash And Equivalents158.35 B2.7 B
Cash Per Share195.90 X5.01 X
Total Debt65.99 B5.32 B
Debt To Equity0.57 %48.70 %
Book Value Per Share48.11 X1.93 K
Cash Flow From Operations5.91 B971.22 M
Short Ratio1.89 X4.00 X
Earnings Per Share3.87 X3.12 X
Price To Earnings To Growth0.60 X4.89 X
Target Price62.16
Number Of Employees53.4 K18.84 K
Beta1.1-0.15
Market Capitalization42.86 B19.03 B
Total Asset409.95 B29.47 B
Retained Earnings39.65 B9.33 B
Z Score0.618.72
Annual Yield0.03 %

Bank of New York Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bank . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Bank of New York Buy or Sell Advice

When is the right time to buy or sell Bank Of New? Buying financial instruments such as Bank Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total26.7B30.9B66.0B69.3B
Total Assets444.4B405.8B410.0B430.5B

Use Investing Ideas to Build Portfolios

In addition to having Bank of New York in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Restaraunts Hotels Motels Thematic Idea Now

Restaraunts Hotels Motels
Restaraunts Hotels Motels Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaraunts Hotels Motels Theme or any other thematic opportunities.
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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 Bank of New York Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.