Bank of America Financials
| BAC Stock | MXN 985.00 0.89 0.09% |
Bank |
Understanding current and past Bank of America Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bank of America's financial statements are interrelated, with each one affecting the others. For example, an increase in Bank of America's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Bank of America's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bank of America. Check Bank of America's Beneish M Score to see the likelihood of Bank of America's management manipulating its earnings.
Bank of America Stock Summary
Bank of America competes with Delta Air, GMxico Transportes, Micron Technology, CVS Health, and Bank of Nova Scotia. Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company was founded in 1784 and is based in Charlotte, North Carolina. B of A operates under BanksDiversified classification in Mexico and is traded on Mexico Stock Exchange. It employs 213270 people.| Foreign Associates | |
| Instrument | Mexico Stock View All |
| Exchange | Mexican Exchange |
| Business Address | Bank of America |
| Sector | Financial Services |
| Industry | Banks—Diversified |
| Benchmark | Dow Jones Industrial |
| Website | www.bankofamerica.com |
| Phone | 704 386 5681 |
| Currency | MXN - Mexican Peso |
You should never invest in Bank of America without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Stock, because this is throwing your money away. Analyzing the key information contained in Bank of America's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank of America Key Financial Ratios
Bank of America's financial ratios allow both analysts and investors to convert raw data from Bank of America's financial statements into concise, actionable information that can be used to evaluate the performance of Bank of America over time and compare it to other companies across industries.| Return On Equity | 0.1 | |||
| Return On Asset | 0.0089 | |||
| Beta | 1.4 | |||
| Z Score | 11.4 | |||
| Last Dividend Paid | 0.86 |
Bank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of America's current stock value. Our valuation model uses many indicators to compare Bank of America value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of America competition to find correlations between indicators driving Bank of America's intrinsic value. More Info.Bank of America is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of America is roughly 11.38 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bank of America by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bank of America's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Bank of America Systematic Risk
Bank of America's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of America volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Bank of America correlated with the market. If Beta is less than 0 Bank of America generally moves in the opposite direction as compared to the market. If Bank of America Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of America is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of America is generally in the same direction as the market. If Beta > 1 Bank of America moves generally in the same direction as, but more than the movement of the benchmark.
Bank of America November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of America help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of America. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of America based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of America's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1551 | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 3.11 |
Additional Tools for Bank 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.