Bank Of America Preferred Stock Performance
| BAC-PB Preferred Stock | 25.05 0.08 0.32% |
Bank of America has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of America is expected to be smaller as well. Bank of America right now shows a risk of 0.4%. Please confirm Bank of America maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Bank of America will be following its price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of America are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong fundamental indicators, Bank of America is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.32 | Five Day Return 0.44 | Year To Date Return 0.6 | Ten Year Return 0.48 | All Time Return 0.48 |
| Begin Period Cash Flow | 348.2 B |
Bank |
Bank of America Relative Risk vs. Return Landscape
If you would invest 2,471 in Bank of America on February 13, 2024 and sell it today you would earn a total of 34.00 from holding Bank of America or generate 1.38% return on investment over 90 days. Bank of America is generating 0.0225% of daily returns assuming 0.3974% volatility of returns over the 90 days investment horizon. Simply put, 3% of all preferred stocks have less volatile historical return distribution than Bank of America, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bank of America Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of America's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Bank of America, and traders can use it to determine the average amount a Bank of America's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0565
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BAC-PB |
Estimated Market Risk
| 0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Bank of America is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of America by adding it to a well-diversified portfolio.
Bank of America Fundamentals Growth
Bank Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of America, and Bank of America fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Preferred Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0089 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | (87.44 B) | ||||
| Shares Outstanding | 9.81 B | ||||
| Price To Sales | 2.74 X | ||||
| Revenue | 94.95 B | ||||
| EBITDA | 40.61 B | ||||
| Total Debt | 275.98 B | ||||
| Book Value Per Share | 30.61 X | ||||
| Cash Flow From Operations | (7.19 B) | ||||
| Earnings Per Share | 3.51 X | ||||
| Total Asset | 3.05 T | ||||
About Bank of America Performance
To evaluate Bank of America Preferred Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bank of America generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Bank Preferred Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bank of America market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Bank's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about Bank of America performance evaluation
Checking the ongoing alerts about Bank of America for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Bank of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bank of America generates negative cash flow from operations |
- Analyzing Bank of America's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of America's stock is overvalued or undervalued compared to its peers.
- Examining Bank of America's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of America's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of America's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of America's preferred stock. These opinions can provide insight into Bank of America's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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