Bank of America Preferred Stock Forecast - Market Facilitation Index
| BML-PL Preferred Stock | USD 22.49 0.01 0.04% |
Bank Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank of America stock prices and determine the direction of Bank of America's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank of America's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Bank of America to cross-verify your projections. Bank |
Most investors in Bank of America cannot accurately predict what will happen the next trading day because, historically, preferred stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Bank of America's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Bank of America's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check Bank of America Volatility | Backtest Bank of America | Information Ratio |
Bank of America Trading Date Momentum
| On May 16 2024 Bank of America was traded for 22.49 at the closing time. The maximum traded price for the trading interval was 22.52 and the lowest daily price was 22.43 . The daily volume was recorded at 5.2 K. The volume of trading on 16th of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.09% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare Bank of America to competition |
Other Forecasting Options for Bank of America
For every potential investor in Bank, whether a beginner or expert, Bank of America's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bank Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bank. Basic forecasting techniques help filter out the noise by identifying Bank of America's price trends.Bank of America Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bank of America preferred stock to make a market-neutral strategy. Peer analysis of Bank of America could also be used in its relative valuation, which is a method of valuing Bank of America by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bank of America Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Bank of America's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Bank of America's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Bank of America Market Strength Events
Market strength indicators help investors to evaluate how Bank of America preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of America shares will generate the highest return on investment. By undertsting and applying Bank of America preferred stock market strength indicators, traders can identify Bank of America entry and exit signals to maximize returns.
| Accumulation Distribution | 20.65 | |||
| Daily Balance Of Power | 0.1111 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.48 | |||
| Day Typical Price | 22.48 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.01 |
Bank of America Risk Indicators
The analysis of Bank of America's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Bank of America's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4718 | |||
| Semi Deviation | 0.5987 | |||
| Standard Deviation | 0.6125 | |||
| Variance | 0.3752 | |||
| Downside Variance | 0.4122 | |||
| Semi Variance | 0.3585 | |||
| Expected Short fall | (0.48) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Bank of America using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Bank of America to cross-verify your projections. For more information on how to buy Bank Preferred Stock please use our How to buy in Bank Preferred Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Bank Preferred Stock analysis
When running Bank of America's price analysis, check to measure Bank of America'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 America is operating at the current time. Most of Bank of America's value examination focuses on studying past and present price action to predict the probability of Bank of America'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 America's price. Additionally, you may evaluate how the addition of Bank of America to your portfolios can decrease your overall portfolio volatility.
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