Bank Of America Preferred Stock Performance
| BML-PJ Preferred Stock | USD 24.14 0.20 0.84% |
Bank of America has a performance score of 20 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of America is expected to be smaller as well. Bank of America right now shows a risk of 0.47%. Please confirm Bank of America total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Bank of America will be following its price patterns.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of America are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Even with relatively fragile essential indicators, Bank of America may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 348.2 B |
Bank |
Bank of America Relative Risk vs. Return Landscape
If you would invest 2,238 in Bank of America on August 7, 2024 and sell it today you would earn a total of 176.00 from holding Bank of America or generate 7.86% return on investment over 90 days. Bank of America is generating 0.1213% of daily returns assuming 0.4675% volatility of returns over the 90 days investment horizon. Simply put, 4% of all preferred stocks have less volatile historical return distribution than Bank of America, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = 0.2595
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BML-PJ | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Bank of America is performing at about 20% of its full potential. 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 it 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 | 0.1 | ||||
| Return On Asset | 0.0089 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.34 % | ||||
| Shares Outstanding | 9.81 B | ||||
| Price To Earning | 8.42 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 94.95 B | ||||
| EBITDA | 40.61 B | ||||
| Cash And Equivalents | 585.19 B | ||||
| Cash Per Share | 61.55 X | ||||
| Total Debt | 275.98 B | ||||
| Book Value Per Share | 30.61 X | ||||
| Cash Flow From Operations | (7.19 B) | ||||
| Earnings Per Share | 3.51 X | ||||
| Total Asset | 3.05 T | ||||
About Bank of America Performance
By evaluating Bank of America's fundamental ratios, stakeholders can gain valuable insights into Bank of America's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bank of America has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bank of America has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. 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. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina. Bank of America operates under Banks - Global classification in USA and is traded on New York Stock Exchange. It employs 205000 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 has accumulated about 585.19 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 61.55, 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.
Other Information on Investing in Bank Preferred Stock
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.