Bank Of America Preferred Stock Beta
| BAC-PS Preferred Stock | 21.10 0.10 0.48% |
Bank of America fundamentals help investors to digest information that contributes to Bank of America's financial success or failures. It also enables traders to predict the movement of Bank Preferred Stock. The fundamental analysis module provides a way to measure Bank of America's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of America preferred stock.
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Bank of America Company Beta Analysis
Bank of America's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Bank of America Beta | 1.38 |
Most of Bank of America's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Bank of America has a Beta of 1.3838. This is 68.76% higher than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Bank Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of America's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Bank of America could also be used in its relative valuation, which is a method of valuing Bank of America by comparing valuation metrics of similar companies.Bank of America is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bank of America will likely underperform.
Bank Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0096 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 6.53 B | ||||
| Number Of Shares Shorted | 5.42 K | ||||
| Revenue | 94.95 B | ||||
| Gross Profit | 92.41 B | ||||
| EBITDA | 53.05 B | ||||
| Net Income | 27.53 B | ||||
| Total Debt | 302.91 B | ||||
| Book Value Per Share | 32.05 X | ||||
| Cash Flow From Operations | (6.33 B) | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | 3.51 X | ||||
| Number Of Employees | 216 K | ||||
| Beta | 1.38 | ||||
| Total Asset | 3.05 T | ||||
| Retained Earnings | 207 B | ||||
| Z Score | 0.18 | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 3.05 T | ||||
| Last Dividend Paid | 0.88 |
About Bank of America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of America based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Bank Preferred 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.