Bank Of America Preferred Stock Performance
| BAC-PL Preferred Stock | USD 1,244 5.00 0.40% |
Bank of America has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0857, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank of America are expected to decrease at a much lower rate. During the bear market, Bank of America is likely to outperform the market. Bank of America right now shows a risk of 0.65%. Please confirm Bank of America jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Bank of America will be following its price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of America are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental indicators, Bank of America is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 348.2 B |
Bank |
Bank of America Relative Risk vs. Return Landscape
If you would invest 123,279 in Bank of America on September 1, 2024 and sell it today you would earn a total of 1,171 from holding Bank of America or generate 0.95% return on investment over 90 days. Bank of America is generating 0.0171% of daily returns assuming 0.6494% volatility of returns over the 90 days investment horizon. Simply put, 5% of all preferred stocks have less volatile historical return distribution than Bank of America, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bank of America Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of America's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Bank of America, and traders can use it to determine the average amount a Bank of America's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0263
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| Negative Returns | BAC-PL |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bank of America is performing at about 2% 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 Fundamentals Growth
Bank Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of America, and Bank of America fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Preferred Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0089 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 11.54 T | ||||
| Price To Earning | 496.80 X | ||||
| Price To Sales | 2.57 X | ||||
| Revenue | 94.95 B | ||||
| EBITDA | 40.61 B | ||||
| Cash And Equivalents | 725.06 B | ||||
| Cash Per Share | 77.61 X | ||||
| Total Debt | 275.98 B | ||||
| Book Value Per Share | 30.61 X | ||||
| Cash Flow From Operations | (7.19 B) | ||||
| Earnings Per Share | 3.51 X | ||||
| Total Asset | 3.05 T | ||||
About Bank of America Performance
By examining Bank of America's fundamental ratios, stakeholders can obtain critical insights into Bank of America's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Bank of America is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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 of America Non operates under Banks - Global classification in USA and is traded on New York Stock Exchange. It employs 208984 people.Things to note about Bank of America performance evaluation
Checking the ongoing alerts about Bank of America for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Bank of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bank of America has accumulated about 725.06 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 77.61. | |
| Roughly 66.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Bank of America's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of America's stock is overvalued or undervalued compared to its peers.
- Examining Bank of America's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of America's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of America's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of America's preferred stock. These opinions can provide insight into Bank of America's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Bank Preferred Stock
Bank of America financial ratios help investors to determine whether Bank Preferred Stock 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 Bank with respect to the benefits of owning Bank of America security.