Bank Of America Preferred Stock Analysis

Bank Preferred Stock Analysis Notes

About 66.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 496.8. Bank of America last dividend was issued on the 29th of December 2022. 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. For more info on Bank of America please contact Brian Moynihan at 704 386 5681 or go to https://www.bankofamerica.com.

Bank of America Investment Alerts

Bank Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 241.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of America's market, we take the total number of its shares issued and multiply it by Bank of America's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Bank Profitablity

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.34 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.34.

Technical Drivers

As of the 26th of November, Bank of America shows the Downside Deviation of 0.6172, mean deviation of 0.443, and Risk Adjusted Performance of 0.0393. Bank of America technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bank of America maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Bank of America is priced correctly, providing market reflects its regular price of 1249.5 per share. Given that Bank of America has jensen alpha of 0.0326, we suggest you to validate Bank of America's prevailing market performance to make sure the company can sustain itself at a future point.

Bank of America Price Movement Analysis

Bank of America Predictive Daily Indicators

Bank of America Forecast Models

Bank of America's time-series forecasting models are one of many Bank of America's preferred stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bank of America's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Preferred Stock analysis is the technique used by a trader or investor to examine and evaluate how Bank of America prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bank shares will generate the highest return on investment. We also built our preferred stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Preferred Stock such as Bank of America. By using and applying Bank Preferred Stock analysis, traders can create a robust methodology for identifying Bank entry and exit points for their positions.

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.