Bank Of America Preferred Stock Buy Hold or Sell Recommendation

BAC-PE Preferred Stock  USD 23.54  0.10  0.42%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Bank Of America is 'Hold'. Macroaxis provides Bank Of America buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BAC-PE positions. The advice algorithm takes into account all of Bank Of America's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bank Of America's buy or sell advice are summarized below:
Real Value
23.23
Hype Value
23.54
Market Value
23.54
Naive Value
23.68
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bank Of America given historical horizon and risk tolerance towards Bank Of America. When Macroaxis issues a 'buy' or 'sell' recommendation for Bank Of America, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Bank Of America 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.
For information on how to trade Bank Preferred Stock refer to our How to Trade Bank Preferred Stock guide.
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 America. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Bank Of America 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 America. Macroaxis does not own or have any residual interests in Bank Of America or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bank Of America's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Bank Of AmericaBuy Bank Of America
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Bank Of America has a Risk Adjusted Performance of 0.1033, Jensen Alpha of 0.0735, Total Risk Alpha of (0.03), Sortino Ratio of (0.04) and Treynor Ratio of 0.44
Our investment recommendation module complements current analysts and expert consensus on Bank Of America. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Bank Of America is not overpriced, please confirm all Bank Of America fundamentals, including its number of shares shorted, gross profit, cash per share, as well as the relationship between the price to sales and net income . Given that Bank Of America has a number of shares shorted of 52.67 K, we suggest you to validate Bank Of America 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 America Trading Alerts and Improvement Suggestions

Bank Of America has accumulated about 725.06 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 77.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Bank Of America Returns Distribution Density

The distribution of Bank Of America's historical returns is an attempt to chart the uncertainty of Bank Of America's future price movements. The chart of the probability distribution of Bank Of America daily returns describes the distribution of returns around its average expected value. We use Bank Of America price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bank Of America returns is essential to provide solid investment advice for Bank Of America.
Mean Return
0.11
Value At Risk
-0.78
Potential Upside
0.98
Standard Deviation
0.61
   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 America 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 Of America 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 America or Financial Services 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 America's price will be affected by overall preferred 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 preferred 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 Composite0.23
σ
Overall volatility
0.57
Ir
Information ratio -0.04

Bank Of America Volatility Alert

Bank Of America exhibits very low volatility with skewness of 0.24 and kurtosis of 1.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bank Of America's preferred 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 America's preferred 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 America Fundamentals Vs Peers

Comparing Bank Of America'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 America's direct or indirect competition across all of the common fundamentals between Bank Of America and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bank Of America or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bank Of America's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bank Of America by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Bank Of America to competition
FundamentalsBank Of AmericaPeer Average
Return On Equity0.1-0.31
Return On Asset0.0089-0.14
Profit Margin0.30 %(1.27) %
Operating Margin0.34 %(5.51) %
Current Valuation(100.21 B)16.62 B
Shares Outstanding9.81 B571.82 M
Shares Owned By Institutions6.73 %39.21 %
Number Of Shares Shorted52.67 K4.71 M
Price To Earning8.19 X28.72 X
Price To Sales2.44 X11.42 X
Revenue94.95 B9.43 B
Gross Profit92.41 B27.38 B
EBITDA40.61 B3.9 B
Net Income27.53 B570.98 M
Cash And Equivalents725.06 B2.7 B
Cash Per Share77.61 X5.01 X
Total Debt275.98 B5.32 B
Book Value Per Share30.61 X1.93 K
Cash Flow From Operations(7.19 B)971.22 M
Short Ratio2.08 X4.00 X
Earnings Per Share3.51 X3.12 X
Number Of Employees216.82 K18.84 K
Beta1.4-0.15
Market Capitalization249.08 B19.03 B
Total Asset3.05 T29.47 B
Annual Yield0.06 %
Five Year Return4.50 %
Net Asset3.05 T
Last Dividend Paid0.86

Bank Of America 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 America Buy or Sell Advice

When is the right time to buy or sell Bank Of America? Buying financial instruments such as Bank Preferred 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.

Use Investing Ideas to Build Portfolios

In addition to having Bank Of America 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 Global Macro ETFs Thematic Idea Now

Global Macro ETFs
Global Macro ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 21 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 Global Macro ETFs Theme or any other thematic opportunities.
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Check out Bank Of America 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.
For information on how to trade Bank Preferred Stock refer to our How to Trade Bank Preferred Stock guide.
Note that the Bank Of America information on this page should be used as a complementary analysis to other Bank Of America'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 the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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Please note, there is a significant difference between Bank Of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank Of America 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 America'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.