Bank of America Corp Financials
| NCB Stock | 45.39 0.09 0.20% |
Bank |
Please note, the imprecision that can be found in Bank of America Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bank of America. Check Bank of America Corp's Beneish M Score to see the likelihood of Bank of America Corp's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | XETRA Stock Exchange |
| ISIN | US0605051046 |
| Business Address | Bank of America |
| Sector | Financial Services |
| Industry | Banks-Diversified |
| Benchmark | Dow Jones Industrial |
| Website | www.bankofamerica.com |
| Phone | 704 386 5681 |
You should never invest in Bank of America Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Stock, because this is throwing your money away. Analyzing the key information contained in Bank of America Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank of America Corp Key Financial Ratios
Bank of America Corp's financial ratios allow both analysts and investors to convert raw data from Bank of America Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Bank of America Corp over time and compare it to other companies across industries.Bank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of America Corp's current stock value. Our valuation model uses many indicators to compare Bank of America Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of America Corp competition to find correlations between indicators driving Bank of America Corp's intrinsic value. More Info.Bank of America is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of America is roughly 11.38 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of America Corp's earnings, one of the primary drivers of an investment's value.Bank of America Corp Systematic Risk
Bank of America Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of America Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Bank of America Corp correlated with the market. If Beta is less than 0 Bank of America Corp generally moves in the opposite direction as compared to the market. If Bank of America Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of America Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of America Corp is generally in the same direction as the market. If Beta > 1 Bank of America Corp moves generally in the same direction as, but more than the movement of the benchmark.
Bank of America Corp January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of America Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of America. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of America based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of America Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.1494 | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 2.53 |
Additional Tools for Bank Stock Analysis
When running Bank of America Corp's price analysis, check to measure Bank of America Corp'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 Corp is operating at the current time. Most of Bank of America Corp's value examination focuses on studying past and present price action to predict the probability of Bank of America Corp'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 Corp's price. Additionally, you may evaluate how the addition of Bank of America Corp to your portfolios can decrease your overall portfolio volatility.