Bank of America (Brazil) Price on September 27, 2024
| BOAC34 Stock | BRL 69.26 0.85 1.24% |
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bank of America stands at 69.26, as last reported on the 26th of November, with the highest price reaching 69.42 and the lowest price hitting 68.13 during the day. Bank of America appears to be very steady, given 3 months investment horizon. Bank of America secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight 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 1.24, risk adjusted performance of 0.1811, and Downside Deviation of 1.23 to double-check if our risk estimates are consistent with your expectations.
Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bank |
Sharpe Ratio = 0.2137
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Bank of America is performing at about 16% 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 Valuation on September 27, 2024
It is possible to determine the worth of Bank of America on a given historical date. On September 27, 2024 Bank was worth 54.3 at the beginning of the trading date compared to the closed value of 53.39. 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 | |
| 53.65 | 54.08 | 53.10 | 54.08 | 54,123 | |
09/27/2024 | 54.30 | 54.30 | 53.39 | 53.39 | 26,815 |
| 53.39 | 54.25 | 53.20 | 54.06 | 66,942 |
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Bank of America Trading Date Momentum on September 27, 2024
| On September 30 2024 Bank of America was traded for 54.06 at the closing time. The highest price during the trading period was 54.25 and the lowest recorded bid was listed for 53.20 . The volume for the day was 66.9 K. This history from September 30, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.25% . The overall trading delta to the current price is 2.75% . |
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
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. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina. BANK AMERICADRN operates under Banks - Global classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 208984 people.
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.
Price Boundaries
Bank of America Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bank of America cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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 26, 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.
| Risk Adjusted Performance | 0.1811 | |||
| Jensen Alpha | 0.4113 | |||
| Total Risk Alpha | 0.1165 | |||
| Sortino Ratio | 0.2245 | |||
| Treynor Ratio | (3.14) |
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| Volatility Indicators | ||
| Volume Indicators |
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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