Bank Competitors

Preferred Stocks . USA . 
Preferred Stock . Bank of America
BML-PJ Preferred Stock  USD 23.75  0.10  0.42%   
Bank of America competes with China Construction, Wells Fargo, Wells Fargo, Bank of America, and Agricultural Bank; as well as few others. The company operates under Financial Services sector and is part of Banks - Global industry. Analyzing Bank of America competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Bank of America to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Bank of America Correlation with its peers.
For more information on how to buy Bank Preferred Stock please use our How to buy in Bank Preferred Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Bank of America competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
23.2623.7524.24
Details
Intrinsic
Valuation
LowRealHigh
21.3827.7428.23
Details
Naive
Forecast
LowNextHigh
23.0523.5424.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.6223.7223.81
Details

Bank of America Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bank of America and its competitors represents the degree of relationship between the price movements of corresponding preferred stocks. A correlation of about +1.0 implies that the price of Bank and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bank of America does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
BAC-PP
+ 0.98
WFC-PC
WFC-PY
+ 0.69
CICHF
BML-PG
+ 0.67
WFC-PY
IDCBF
+ 0.63
CICHF
ACGBF
+ 0.63
WFC-PY
BML-PG
+ 0.53
ACGBF
  
High negative correlations   
CMWAY
- 0.45
BAC-PP
IDCBF
- 0.38
WFC-PC
CMWAY
- 0.36
WFC-PC
IDCBF
- 0.35
BAC-PP
ACGBF
- 0.27
BAC-PP
ACGBF
- 0.25
WFC-PC

Risk-Adjusted Indicators

There is a big difference between Bank Preferred Stock performing well and Bank of America Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bank of America's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Bank of America Competitive Analysis

The better you understand Bank of America competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bank of America's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bank of America's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BML-PJ CICHF WFC-PY WFC-PC BAC-PP ACGBF IDCBF BML-PG CMWAY
 0.42 
 23.75 
Bank
 6.76 
 0.79 
China
 0.32 
 24.78 
Wells
 0.52 
 19.48 
Wells
 0.16 
 18.46 
Bank
 6.00 
 0.47 
Agricultural
 1.67 
 0.61 
Industrial
 0.75 
 22.85 
Bank
 1.12 
 103.80 
Commonwealth
Market Volatility
(90 Days Market Risk)
Very steady
Dangerous
Very steady
Very steady
Very steady
Abnormally volatile
Extremely Dangerous
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Modest
Good
Very Weak
Very Weak
Modest
Insignificant
OK
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Low
Low
Below Average
Below Average
Low
About Average
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Sell
Strong Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Net Asset
3.05 T
30.25 T
1.88 T
1.88 T
3.05 T
29.07 T
35.17 T
3.05 T
1.22 T
Profit Margin
0.3
0.48
0.18
0.21
0.31
0.44
0.48
0.3
0.42
EBITDA
40.61 B
N/A
38.93 B
24.34 B
53.05 B
N/A
N/A
40.61 B
20.79 B
Operating Margin
0.34
0.57
0.21
0.24
0.35
0.52
0.57
0.34
0.57
Current Valuation
N/A
512.04 B
(113.08 B)
519.78 M
(11.51 B)
469.47 B
(1 T)
(112.16 B)
230.44 B
Price To Book
N/A
0.39
N/A
0.63
N/A
0.3
0.36
N/A
2.52
Five Year Return
4.5
5.88
N/A
N/A
N/A
6.78
N/A
3.72
4.83
Retained Earnings
N/A
1.01 T
N/A
187.65 B
207 B
782.15 B
921.05 B
N/A
24.57 B
Current Asset
N/A
3.63 T
N/A
N/A
N/A
4.28 T
4.89 T
N/A
121.1 B
Beta
1.4
0.54
1.2
1.15
1.38
0.45
0.45
1.4
0.83
Number Of Employees
216.82 K
375.53 K
238.7 K
233.83 K
216 K
455.17 K
434.09 K
216.82 K
49.24 K
Shares Outstanding
9.81 B
240.42 B
4.71 B
42 M
N/A
30.74 B
86.79 B
9.81 B
1.69 B
Cash Flow From Operations
(7.19 B)
436.72 B
(11.53 B)
27.05 B
(6.33 B)
(1.47 T)
360.88 B
(7.19 B)
23.24 B
Annual Yield
0.0648
0.0876
0.0583
0.0616
0.0596
0.0881
0.0848
0.0639
0.0351
Total Debt
275.98 B
3.01 T
174.87 B
226.01 B
302.91 B
3.12 T
2.08 T
275.98 B
296.94 B
Return On Equity
0.1
0.12
0.0693
0.0872
0.11
0.1
0.11
0.1
0.13
Z Score
N/A
N/A
0.6
0.55
0.18
N/A
N/A
0.6
N/A
Return On Asset
0.0089
0.0099
0.0067
0.0084
0.0096
0.008
0.0097
0.0089
0.0084
Number Of Shares Shorted
7.17 K
N/A
128.29 K
98.65 K
72.61 K
N/A
N/A
1.79 K
N/A
Book Value Per Share
30.61
10.92
41.96
43.94
32.05
7.27
9.19
30.61
42.85
Current Liabilities
N/A
16.22 T
N/A
N/A
N/A
16.04 T
20.39 T
N/A
713.46 B
Total Asset
3.05 T
30.25 T
1.88 T
1.88 T
3.05 T
29.07 T
35.17 T
3.05 T
1.22 T
Short Ratio
0.45
N/A
2.33
1.38
1.95
N/A
N/A
0.22
N/A
Last Dividend Paid
0.86
0.36
1.1
1.2
0.88
0.21
0.29
0.86
3.85
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
75.87
Shares Owned By Institutions
10.61
9.0
20.92
N/A
18.81
27.31
58.14
1.56
N/A
Market Capitalization
253.73 B
160.46 B
197.03 B
124.74 B
N/A
152.22 B
216.02 B
289.92 B
128.67 B
Price To Earning
8.42
3.6
68.06
4.27
5.3
3.19
3.68
10.76
20.78
Price To Earnings To Growth
N/A
0.52
N/A
N/A
N/A
0.46
0.57
N/A
N/A
Price To Sales
2.52
0.23
2.48
1.65
N/A
0.26
0.28
2.91
4.68
Net Income
27.53 B
302.51 B
13.18 B
12.88 B
27.53 B
241.18 B
348.34 B
27.53 B
10.77 B
Earnings Per Share
3.51
0.18
4.83
4.83
3.51
0.1
0.14
3.51
3.74
Shares Owned By Insiders
N/A
60.11
N/A
N/A
N/A
4.29
N/A
N/A
N/A
Revenue
94.95 B
822.64 B
73.78 B
73.78 B
94.95 B
719.51 B
939.89 B
94.95 B
23.92 B
Working Capital
N/A
(12.59 T)
N/A
N/A
N/A
(11.76 T)
(15.51 T)
N/A
(592.36 B)
Cash And Equivalents
585.19 B
2.41 T
427.1 B
336.31 B
853.52 B
2.8 T
3.2 T
815.05 B
222.14 B
Cash Per Share
61.55
9.64
103.35
88.61
106.36
8.0
8.99
94.22
130.68
Gross Profit
92.41 B
653.09 B
72.25 B
72.25 B
92.41 B
555.86 B
742.77 B
92.41 B
25.43 B
Day Typical Price
23.76
0.76
24.82
19.47
18.48
0.47
0.61
22.83
105.25
Accumulation Distribution
0.0096
0.1
0.0048
0.0046
0.0059
N/A
N/A
0.0122
0.0402
Market Facilitation Index
0.23
0.08
0.12
0.09
0.11
N/A
N/A
0.28
4.35
Daily Balance Of Power
0.4348
0.625
0.6667
1.111111
0.2727
(9,223,372,036,855)
9.2 T
0.6071
(0.27)
Period Momentum Indicator
0.1
0.05
0.08
0.1
0.03
(0.03)
0.01
0.17
(1.18)
Rate Of Daily Change
1.0
1.07
1.0
1.01
1.0
0.94
1.02
1.01
0.99
Day Median Price
23.77
0.75
24.84
19.47
18.49
0.47
0.61
22.82
105.98
Price Action Indicator
0.035
0.065
(0.02)
0.065
(0.01)
(0.01)
0.005
0.12
(2.77)
Relative Strength Index
57.9
33.28
22.13
12.49
14.73
97.88
2.64
23.66
53.25
Coefficient Of Variation
569.08
1437.26
658.67
5.886569465E7
(16,334)
1416.44
3048.74
1141.56
590.45
Mean Deviation
0.3868
1.66
0.3051
0.6035
0.6382
1.11
0.9893
0.4122
0.9245
Jensen Alpha
0.0751
0.1924
0.0489
(0.03)
(0.02)
0.3382
0.1326
0.0578
0.155
Total Risk Alpha
(0)
(0.27)
(0.01)
(0.14)
(0.15)
(0.27)
(0.31)
(0.05)
0.004
Sortino Ratio
(0.09)
0.0156
(0.18)
(0.15)
N/A
N/A
(0.01)
(0.12)
0.0626
Downside Variance
0.264
22.22
0.1593
0.7619
N/A
N/A
31.98
0.4661
1.19
Standard Deviation
0.4884
2.94
0.391
0.7938
0.8657
3.02
2.4
0.564
1.18
Kurtosis
(0.15)
3.98
0.817
(0.20)
0.6582
16.97
7.32
0.3078
0.256
Potential Upside
0.8493
5.63
0.7122
1.18
1.22
2.22
3.51
0.967
2.12
Treynor Ratio
12.23
12.3
12.34
(0.08)
(0.81)
(0.18)
(0.13)
(0.26)
0.6716
Maximum Drawdown
2.24
17.79
1.97
3.45
4.6
24.29
17.2
2.56
4.85
Variance
0.2386
8.62
0.1529
0.6301
0.7494
9.1
5.74
0.3181
1.38
Market Risk Adjusted Performance
12.24
12.31
12.35
(0.07)
(0.80)
(0.17)
(0.12)
(0.25)
0.6816
Risk Adjusted Performance
0.1291
0.0607
0.1068
3.0E-4
(0)
0.0616
0.032
0.0636
0.1334
Skewness
(0.25)
0.0962
(0.49)
(0.39)
(0.54)
3.04
0.5898
(0.36)
0.4209
Semi Deviation
0.3313
2.19
0.2421
0.8081
N/A
N/A
1.64
0.51
0.8354
Information Ratio
(0.09)
0.025
(0.18)
(0.16)
(0.16)
0.0272
(0.02)
(0.14)
0.0581
Value At Risk
(0.84)
(3.90)
(0.60)
(1.47)
(1.53)
(2.17)
(3.39)
(1.00)
(1.55)
Expected Short fall
(0.43)
(3.62)
(0.37)
(0.66)
N/A
N/A
(4.74)
(0.43)
(0.96)
Downside Deviation
0.5139
4.71
0.3992
0.8729
N/A
N/A
5.65
0.6827
1.09
Semi Variance
0.1098
4.78
0.0586
0.6531
N/A
N/A
2.68
0.2601
0.698

Bank of America Competition Performance Charts

Five steps to successful analysis of Bank of America Competition

Bank of America's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bank of America in relation to its competition. Bank of America's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Bank of America in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bank of America's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bank of America, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Bank of America position

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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Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Other Information on Investing in Bank Preferred Stock

Bank of America financial ratios help investors to determine whether Bank Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of America security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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