Bank Of America Preferred Stock Performance
| BAC-PP Preferred Stock | USD 18.32 0.08 0.43% |
The firm shows a Beta (market volatility) of -0.0136, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bank of America are expected to decrease at a much lower rate. During the bear market, Bank of America is likely to outperform the market. At this point, Bank of America has a negative expected return of -0.0597%. Please make sure to confirm Bank of America's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if Bank of America performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Bank of America has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable fundamental indicators, Bank of America is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 348.2 B |
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Bank of America Relative Risk vs. Return Landscape
If you would invest 1,916 in Bank of America on September 4, 2024 and sell it today you would lose (76.00) from holding Bank of America or give up 3.97% of portfolio value over 90 days. Bank of America is producing return of less than zero assuming 0.8467% volatility of returns over the 90 days investment horizon. Simply put, 7% of all preferred stocks have less volatile historical return distribution than Bank of America, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Bank of America Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of America's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Bank of America, and traders can use it to determine the average amount a Bank of America's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0705
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| Negative Returns | BAC-PP |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank of America is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bank of America by adding Bank of America to a well-diversified portfolio.
Bank of America Fundamentals Growth
Bank Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of America, and Bank of America fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Preferred Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0096 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | (11.51 B) | ||||
| Price To Earning | 5.30 X | ||||
| Revenue | 94.95 B | ||||
| EBITDA | 53.05 B | ||||
| Cash And Equivalents | 853.52 B | ||||
| Cash Per Share | 106.36 X | ||||
| Total Debt | 302.91 B | ||||
| Book Value Per Share | 32.05 X | ||||
| Cash Flow From Operations | (6.33 B) | ||||
| Earnings Per Share | 3.51 X | ||||
| Total Asset | 3.05 T | ||||
| Retained Earnings | 207 B | ||||
About Bank of America Performance
Assessing Bank of America's fundamental ratios provides investors with valuable insights into Bank of America's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Bank of America is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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. The company was founded in 1784 and is based in Charlotte, North Carolina. Bank Of America operates under BanksDiversified classification in the United States and is traded on NYQ Exchange. It employs 213270 people.Things to note about Bank of America performance evaluation
Checking the ongoing alerts about Bank of America for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Bank of America help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bank of America generated a negative expected return over the last 90 days | |
| Bank of America has accumulated about 853.52 B in cash with (6.33 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 106.36, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Bank of America's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of America's stock is overvalued or undervalued compared to its peers.
- Examining Bank of America's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of America's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of America's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of America's preferred stock. These opinions can provide insight into Bank of America's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Bank Preferred 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.