BANK OF AMERICA Price on September 27, 2024
| 06051GJM2 | 64.02 0.03 0.05% |
If you're considering investing in 06051GJM2 Bond, it is important to understand the factors that can impact its price. As of today, the current price of 06051GJM2 stands at 64.02, as last reported on the 26th of November, with the highest price reaching 64.02 and the lowest price hitting 64.02 during the day. BANK OF AMERICA secures Sharpe Ratio (or Efficiency) of -0.0663, which signifies that the bond had a -0.0663% return per unit of price deviation over the last 3 months. BANK OF AMERICA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 06051GJM2's Mean Deviation of 0.7709, information ratio of (0.17), and Variance of 1.33 to double-check the risk estimate we provide.
06051GJM2 Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
06051GJM2 |
Sharpe Ratio = -0.0663
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| Negative Returns | 06051GJM2 |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 06051GJM2 is not performing at its full potential. However, 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 06051GJM2 by adding 06051GJM2 to a well-diversified portfolio.
Related Headline
Westrock Coffee Headline on 27th of September 2024
Acquisition by Kruczek Robert Patrick of 8523 shares of West... by Kruczek Robert Patrick
Filed transaction by Westrock Coffee Director. Grant, award or other acquisition pursuant to Rule 16b-3
06051GJM2 Valuation on September 27, 2024
It is possible to determine the worth of 06051GJM2 on a given historical date. On September 27, 2024 06051GJM2 was worth 69.27 at the beginning of the trading date compared to the closed value of 69.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 06051GJM2 bond. Still, in general, we apply an absolute valuation method to find 06051GJM2'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 06051GJM2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 06051GJM2's related companies.
| Open | High | Low | Close | Volume | |
| 68.77 | 68.77 | 68.77 | 68.77 | 1.00 | |
09/27/2024 | 69.27 | 69.27 | 69.27 | 69.27 | 1.00 |
| 69.15 | 69.15 | 69.15 | 69.15 | 1.00 |
| Backtest 06051GJM2 | | | 06051GJM2 History | | | 06051GJM2 Valuation | Previous | Next |
06051GJM2 Trading Date Momentum on September 27, 2024
| On September 30 2024 BANK OF AMERICA was traded for 69.15 at the closing time. The highest price during the trading period was 69.15 and the lowest recorded bid was listed for 69.15 . There was no trading activity during the period 1.0. Lack of trading volume on September 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.17% . The overall trading delta to the current price is 2.71% . |
About 06051GJM2 Bond history
06051GJM2 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 06051GJM2 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 06051GJM2 stock prices may prove useful in developing a viable investing in 06051GJM2
06051GJM2 Bond Technical Analysis
06051GJM2 technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
06051GJM2 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 Bond 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.
06051GJM2 November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how 06051GJM2 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 06051GJM2 shares will generate the highest return on investment. By undertsting and applying 06051GJM2 bond market strength indicators, traders can identify BANK OF AMERICA entry and exit signals to maximize returns
06051GJM2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 06051GJM2's price direction in advance. Along with the technical and fundamental analysis of 06051GJM2 Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of 06051GJM2 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 | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.20) |
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Other Information on Investing in 06051GJM2 Bond
06051GJM2 financial ratios help investors to determine whether 06051GJM2 Bond 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 06051GJM2 with respect to the benefits of owning 06051GJM2 security.