Bank Of America Stock Price on November 25, 2024

BAC Stock  USD 47.77  0.02  0.04%   
Below is the normalized historical share price chart for Bank of America extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of America stands at 47.77, as last reported on the 28th of November, with the highest price reaching 47.98 and the lowest price hitting 47.65 during the day.
IPO Date
13th of January 1978
200 Day MA
39.3968
50 Day MA
42.5674
Beta
1.325
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of America appears to be very steady, given 3 months investment horizon. Bank of America secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank of America, which you can use to evaluate the volatility of the firm. Please makes use of Bank of America's Mean Deviation of 1.07, risk adjusted performance of 0.1516, and Downside Deviation of 0.9513 to double-check if our risk estimates are consistent with your expectations.
  
At present, Bank of America's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Preferred Stock And Other Adjustments is expected to grow to about 1.6 B, whereas Total Stockholder Equity is forecasted to decline to about 166.8 B. . At present, Bank of America's Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.36, whereas Price To Sales Ratio is forecasted to decline to 1.99. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1685

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Estimated Market Risk

 1.61
  actual daily
14
86% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Bank of America is performing at about 13% 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.
Price Book
1.3472
Price Sales
3.8735
Shares Float
7.6 B
Dividend Share
0.98
Wall Street Target Price
47.7919

Bank of America Main Headline on 25th of November 2024

International Business Machines Co. s share price was up 0.6 percent during mid-day trading on Monday . The company traded as high as 224.68 and last traded at 224.33. Approximately 1,099,835 shares changed hands during trading, a decline of 74 percent from the average daily volume of 4,223,9 shares. The stock had previously

Bank of America Valuation on November 25, 2024

It is possible to determine the worth of Bank of America on a given historical date. On November 25, 2024 Bank was worth 47.26 at the beginning of the trading date compared to the closed value of 47.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of America stock. Still, in general, we apply an absolute valuation method to find Bank of America's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of America where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of America's related companies.
 Open High Low Close Volume
  46.37    47.22    46.28    47.00    37,962,247  
11/25/2024
  47.26    47.74    47.16    47.50    42,661,591  
  47.51    47.84    47.21    47.75    30,291,350  
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Open Value
47.26
47.5
Closing Value
52.09
Upside

Bank of America Trading Date Momentum on November 25, 2024

On November 26 2024 Bank of America was traded for  47.75  at the closing time. Highest Bank of America's price during the trading hours was 47.84  and the lowest price during the day was  47.21 . The net volume was 30.3 M. The overall trading history on the 26th of November contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.53% . The overall trading delta to current price is 0.67% .

Bank of America Fundamentals Correlations and Trends

By evaluating Bank of America's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of America's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bank of America Stock history

Bank of America investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of America will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of America stock prices may prove useful in developing a viable investing in Bank of America
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.1 B6.6 B
Net Income Applicable To Common Shares29.9 B31.4 B

Bank of America Stock Technical Analysis

Bank of America technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank of America technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of America trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bank of America Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bank of America cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bank of America November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank of America stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of America shares will generate the highest return on investment. By undertsting and applying Bank of America stock market strength indicators, traders can identify Bank of America entry and exit signals to maximize returns

Bank of America Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank of America's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary 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.
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