Warren Buffett Recently Sold 34 Million Shares of Bank of America. But That Doesnt Mean You Should - Yahoo Finance
| BOFA Stock | 24.88 0.04 0.16% |
About 54% of Bank of America's investor base is interested to short. The analysis of overall sentiment of trading Bank of America stock suggests that many investors are impartial at this time. The current market sentiment, together with Bank of America's historical and current headlines, can help investors time the market. In addition, many technical investors use Bank of America stock news signals to limit their universe of possible portfolio assets.
Bank of America stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Bank daily returns and investor perception about the current price of Bank of America as well as its diversification or hedging effects on your existing portfolios.
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Warren Buffett Recently Sold 34 Million Shares of Bank of America. But That Doesnt Mean You Should Yahoo Finance
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Bank of America Fundamental Analysis
We 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Bank of America is rated fifth in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Bank of America Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Bank of America stock to make a market-neutral strategy. 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 with similar companies.
Peers
Bank of America Related Equities
| BRK | Berkshire Hathaway | 0.83 | ||||
| WMT | Walmart | 0.55 | ||||
| BOFA | Bank of America | 0.16 | ||||
| VZ | Verizon Communications | 0.15 | ||||
| GOOG | Alphabet | 0.14 | ||||
| AAPL | Apple | 0.03 | ||||
| JPM | JPMorgan Chase | 0.18 | ||||
| MSFT | Microsoft Corp | 1.06 | ||||
| AMZN | Amazon CDR | 1.09 |
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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