Bank of America (Peru) Today
Bank of America is selling at 46.95 as of the 22nd of November 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 46.95. Equity ratings for Bank of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Bank Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of America's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of America or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks (View all Sectors) |
Bank of America (BAC) is traded on Bolsa de Valores de Lima in Peru .
Check Bank of America Probability Of Bankruptcy
Bank of America Risk Profiles
Although Bank of America's alpha and beta are two of the key measurements used to evaluate Bank of America's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.03 |
Bank Stock Against Markets
Bank of America Related Equities
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.
| Risk & Return | Correlation |
Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.