Bank Financial Statements From 2010 to 2024
| BACRP Preferred Stock | USD 190.00 10.00 5.00% |
Check Bank of AmericaPFD SER B financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of AmericaPFD SER B 's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bank financial statements analysis is a perfect complement when working with Bank of AmericaPFD SER B Valuation or Volatility modules.
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About Bank of AmericaPFD SER B Financial Statements
Bank of AmericaPFD SER B shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bank of AmericaPFD SER B investors may analyze each financial statement separately, they are all interrelated. The changes in Bank of AmericaPFD SER B 's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bank of AmericaPFD SER B 's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Bank of AmericaPFD SER B
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of AmericaPFD SER B position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of AmericaPFD SER B will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Pink Sheet
Moving against Bank Pink Sheet
| 0.58 | ELCPF | EDP Energias | PairCorr |
| 0.48 | OAK-PB | Oaktree Capital Group | PairCorr |
| 0.38 | NDEKY | Nitto Denko Corp | PairCorr |
The ability to find closely correlated positions to Bank of AmericaPFD SER B could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of AmericaPFD SER B when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of AmericaPFD SER B - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of America to buy it.
The correlation of Bank of AmericaPFD SER B is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of AmericaPFD SER B moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of AmericaPFD SER B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of AmericaPFD SER B can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bank Pink Sheet Analysis
When running Bank of AmericaPFD SER B 's price analysis, check to measure Bank of AmericaPFD SER B '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 AmericaPFD SER B is operating at the current time. Most of Bank of AmericaPFD SER B 's value examination focuses on studying past and present price action to predict the probability of Bank of AmericaPFD SER B '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 AmericaPFD SER B 's price. Additionally, you may evaluate how the addition of Bank of AmericaPFD SER B to your portfolios can decrease your overall portfolio volatility.