Bank Competitors

Stocks . Germany . 
Stock . Bank of America
NCB Stock  EUR 44.06  0.05  0.11%   
Bank of America competes with Agricultural Bank, Commonwealth Bank, Superior Plus, SIVERS SEMICONDUCTORS, and RYOHIN UNSPADR1; as well as few others. The company classifies itself under Financial Services sector and is part of Banks - Global industry. Analyzing Bank of America competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Bank of America to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Bank of America Correlation with its peers.
For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Bank of America competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
42.2544.0645.87
Details
Intrinsic
Valuation
LowRealHigh
39.6549.6951.50
Details
Naive
Forecast
LowNextHigh
40.1841.9943.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.1942.2947.39
Details

Bank of America Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bank of America and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Bank and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bank of America does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HEI
+ 0.92
VUSA
HEI
+ 0.89
CWW
VUSA
+ 0.86
CWW
HEI
+ 0.79
MEL
9K1
+ 0.78
2DG
MEL
+ 0.77
VUSA
  
High negative correlations   
VUSA
- 0.93
2DG
HEI
- 0.91
2DG
2DG
- 0.88
CWW
HEI
- 0.87
9K1
9K1
- 0.86
CWW
3RKU
- 0.82
9K1

Risk-Adjusted Indicators

There is a big difference between Bank Stock performing well and Bank of America Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bank of America's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
EK7  4.14  0.32  0.07  0.23  4.63 
(7.16)
 15.00 
(11.11)
 37.02 
CWW  1.01  0.13  0.03  1.11  1.09 
(1.11)
 2.20 
(2.09)
 6.17 
8SP  2.08 (0.11) 0.00 (2.31) 0.00 
 0.00 
 3.36 
(3.96)
 20.22 
2DG  4.79 (1.23) 0.00 (0.41) 0.00 
 0.00 
 9.09 
(10.00)
 52.42 
XYTA  11.71  3.32  0.09 (1.83) 10.47 
(58.33)
 33.33 
(25.00)
 233.33 
9K1  1.57 (0.29) 0.00  1.97  0.00 
 0.00 
 2.94 
(3.89)
 14.80 
3RKU  1.55  0.29  0.10  1.68  1.49 
(2.09)
 3.25 
(2.50)
 9.52 
VUSA  0.55  0.12  0.12  0.25  0.43 
(0.61)
 1.27 
(1.04)
 6.02 
MEL  1.04  0.16  0.05  1.30  1.02 
(1.23)
 2.95 
(1.58)
 7.09 
HEI  1.19  0.32  0.26  0.47  0.72 
(1.41)
 3.29 
(1.60)
 8.93 
All Fundamental Data

Bank of America Competitive Analysis

The better you understand Bank of America competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bank of America's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bank of America's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NCB EK7 CWW 8SP 2DG XYTA 9K1 3RKU VUSA MEL
 0.11 
 44.06 
Bank
 4.08 
 0.51 
Agricultural
 1.35 
 96.25 
Commonwealth
 3.96 
 4.36 
Superior
 10.53 
 0.17 
SIVERS
 0.00 
 0 
CHINA
 3.59 
 1.73 
NORDIC
 1.92 
 20.40 
RYOHIN
 0.55 
 108.99 
Vanguard
 0.28 
 7.12 
Meli
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Very steady
Relatively risky
Out of control
Out of control
Risky
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Solid
OK
OK
Very Weak
Very Weak
Good
Very Weak
Good
Solid
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Quite High
Quite High
Average
About Average
Average
Low
Average
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Sell
Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Hold
Strong Buy
Strong Hold
Current Ratio
N/A
N/A
N/A
1.33
3.67
0.67
N/A
4.01
N/A
0.44
Net Asset
3.05 T
29.07 T
1.22 T
4.48 B
N/A
N/A
N/A
N/A
22.89 B
4.21 B
Profit Margin
0.3
0.44
0.38
-0.0333
-0.89
-2.08
N/A
-1.73
N/A
0.0173
EBITDA
N/A
N/A
N/A
202.9 M
N/A
47.39 M
N/A
38.5 B
N/A
120.06 M
Operating Margin
0.34
0.52
0.58
0.0049
N/A
0.11
N/A
4.15
N/A
0.0294
Price To Book
1.08
0.27
2.48
1.76
N/A
N/A
N/A
0.02
N/A
3.47
Current Valuation
N/A
449.7 B
210.75 B
2.78 B
N/A
N/A
N/A
(9.36 B)
N/A
3.99 B
Five Year Return
1.27
6.11
6.8
5.75
N/A
N/A
N/A
N/A
10.35
1.46
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
8.85
N/A
Beta
1.4
0.45
0.83
0.86
0.86
0.55
N/A
1.01
N/A
1.81
Number Of Employees
217 K
455.17 K
48.86 K
28
130
153
N/A
9.05 K
N/A
10.8 K
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
100.0
N/A
Shares Outstanding
8 B
30.74 B
1.69 B
200.7 M
210.89 M
4.77 B
N/A
263.03 M
N/A
220.09 M
Three Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
13.93
N/A
Cash Flow From Operations
(6.33 B)
(1.47 T)
(56.5 B)
248.7 M
N/A
3.06 M
N/A
(3.52 B)
N/A
126.85 M
Annual Yield
0.025
0.1
0.0432
0.0662
N/A
N/A
N/A
N/A
N/A
0.0457
Total Debt
275.98 B
230.91 B
191.99 B
1.91 B
N/A
3.63 B
N/A
110.72 B
N/A
1.18 B
Return On Equity
0.1
0.1
0.14
-0.0634
-0.18
N/A
N/A
N/A
N/A
-0.11
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.6
Return On Asset
0.0089
0.008
0.0085
0.0026
-0.11
0.0117
N/A
N/A
N/A
0.0024
Book Value Per Share
30.61
7.27
43.0
5.52
0.24
-2.42
N/A
773.43
N/A
1.44
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
3.05 T
29.07 T
1.22 T
4.48 B
N/A
N/A
N/A
N/A
22.89 B
4.21 B
Last Dividend Paid
0.86
0.21
4.2
0.72
N/A
N/A
N/A
0.19
N/A
N/A
Debt To Equity
N/A
N/A
N/A
163.2
0.088
N/A
N/A
0.52
N/A
8.02
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
12.6
Shares Owned By Institutions
71.64
27.4
26.72
36.16
25.26
N/A
N/A
0.16
N/A
22.32
Market Capitalization
256.32 B
136.96 B
103.84 B
1.54 B
146.56 M
39.16 M
N/A
4.38 B
N/A
1.39 B
Price To Earning
9.76
3.71
12.36
30.24
N/A
N/A
N/A
N/A
N/A
42.08
Price To Earnings To Growth
87.76
0.41
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
2.62
0.24
4.42
0.46
N/A
N/A
N/A
0.01
N/A
0.72
Net Income
27.53 B
241.18 B
10.77 B
(112.5 M)
N/A
(333.9 M)
N/A
(6.93 B)
N/A
(192.9 M)
Earnings Per Share
3.01
0.09
3.67
-0.4
-0.082
-0.006
N/A
-0.2
N/A
0.12
Shares Owned By Insiders
0.14
4.15
0.42
0.35
31.21
51.82
N/A
N/A
N/A
54.85
Revenue
94.95 B
719.51 B
23.92 B
3.38 B
N/A
232.34 M
N/A
401.65 B
N/A
827.21 M
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
725.06 B
661.78 B
81.17 B
33.45 M
N/A
6.01 M
N/A
126.74 B
N/A
118.11 M
Cash Per Share
77.61
1.91
46.21
0.19
N/A
N/A
N/A
481.84
N/A
0.54
Gross Profit
92.41 B
555.86 B
25.43 B
1.15 B
116.46 M
53.08 M
N/A
190.92 B
N/A
349.93 M
Day Typical Price
44.06
0.5
96.25
4.36
0.17
0.0015
1.72
20.4
109.13
7.12
Accumulation Distribution
0.0084
0.0392
N/A
N/A
N/A
N/A
0.0231
N/A
0.0077
N/A
Market Facilitation Index
0.37
0.02
N/A
N/A
N/A
N/A
0.04
N/A
0.84
N/A
Daily Balance Of Power
0.1351
1.0
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
0.0
1.5
(9,223,372,036,855)
(0.71)
(9,223,372,036,855)
Period Momentum Indicator
0.05
0.02
1.28
(0.18)
(0.02)
N/A
0.06
(0.40)
(0.60)
(0.02)
Rate Of Daily Change
1.0
1.04
1.01
0.96
0.89
1.0
1.04
0.98
0.99
1.0
Day Median Price
44.07
0.5
96.25
4.36
0.17
0.0015
1.71
20.4
109.2
7.12
Price Action Indicator
0.02
0.02
0.64
(0.09)
(0.01)
N/A
0.05
(0.20)
(0.51)
(0.01)
Coefficient Of Variation
516.56
1009.18
808.88
(3,502)
(844.65)
919.51
(743.41)
650.4
378.33
781.88
Mean Deviation
1.11
4.14
1.01
2.08
4.79
11.71
1.57
1.55
0.5496
1.04
Jensen Alpha
0.1789
0.3238
0.1343
(0.11)
(1.23)
3.32
(0.29)
0.2939
0.1186
0.1633
Total Risk Alpha
0.0549
(0.40)
(0.05)
(0.64)
(2.24)
(1.44)
(0.66)
(0.02)
0.0807
(0.06)
Sortino Ratio
0.2212
0.0724
0.028
N/A
N/A
0.091
N/A
0.1025
0.119
0.0522
Downside Variance
1.11
53.94
1.58
N/A
N/A
1091.2
N/A
3.85
0.7347
1.53
Standard Deviation
1.85
6.62
1.29
3.34
8.06
28.79
2.21
2.12
0.8565
1.48
Kurtosis
16.42
2.82
0.0209
10.94
12.16
34.33
2.65
2.76
8.49
2.56
Potential Upside
2.69
15.0
2.2
3.36
9.09
33.33
2.94
3.25
1.27
2.95
Treynor Ratio
0.236
0.2294
1.11
(2.31)
(0.41)
(1.83)
1.97
1.68
0.2531
1.3
Maximum Drawdown
13.01
37.02
6.17
20.22
52.42
233.33
14.8
9.52
6.02
7.09
Variance
3.41
43.85
1.67
11.18
64.93
829.02
4.89
4.48
0.7337
2.18
Market Risk Adjusted Performance
0.246
0.2394
1.12
(2.30)
(0.40)
(1.82)
1.98
1.69
0.2631
1.31
Risk Adjusted Performance
0.1459
0.0805
0.0937
(0.01)
(0.08)
0.0883
(0.09)
0.1176
0.1925
0.0975
Skewness
3.19
0.8006
(0.16)
(0.71)
(1.62)
5.04
(0.27)
0.7938
1.27
0.8048
Semi Deviation
0.6481
4.63
1.09
N/A
N/A
10.47
N/A
1.49
0.4319
1.02
Information Ratio
0.1262
0.0803
0.0273
(0.07)
(0.13)
0.1044
(0.19)
0.095
0.119
0.0437
Value At Risk
(1.50)
(11.11)
(2.09)
(3.96)
(10.00)
(25.00)
(3.89)
(2.50)
(1.04)
(1.58)
Expected Short fall
(1.36)
(7.16)
(1.11)
N/A
N/A
(58.33)
N/A
(2.09)
(0.61)
(1.23)
Downside Deviation
1.05
7.34
1.26
N/A
N/A
33.03
N/A
1.96
0.8571
1.24
Semi Variance
0.42
21.4
1.19
N/A
N/A
109.7
N/A
2.23
0.1866
1.04

Bank of America Competition Performance Charts

Five steps to successful analysis of Bank of America Competition

Bank of America's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bank of America in relation to its competition. Bank of America's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Bank of America in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bank of America's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bank of America, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Bank of America position

In addition to having Bank of America in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Computers Thematic Idea Now

Computers
Computers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
View All  Next Launch

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:
How To Invest In Bank
Details
Is Bank Stock a good investment?
Details
What is Bank of America's Net Worth?
Details
Largest Diversified Banks Companies
View
Largest Banks - Diversified Companies
View
Check out Bank of America Correlation with its peers.
For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY