B of A Stock Chance of Future Stock Price Finishing Over 31.31

BAC
 Stock
  

USD 33.00  1.47  4.26%   

B of A's future price is the expected price of B of A instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Bank Of America performance during a given time horizon utilizing its historical volatility. The current year Price to Earnings Ratio is expected to grow to 12.68, whereas Price to Book Value is forecasted to decline to 1.20.
  
B of A's implied volatility is one of the determining factors in the pricing options written on Bank Of America. Implied volatility approximates the future value of B of A based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Bank Of America over a specific time period. For example, 2022-12-09 CALL at $33.0 is a CALL option contract on B of A's common stock with a strick price of 33.0 expiring on 2022-12-09. The contract was last traded on 2022-12-06 at 15:59:59 for $0.43 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $0.43, and an ask price of $0.45. The implied volatility as of the 7th of December is 44.0142. View All B of A options

Closest to current price B of A long CALL Option Payoff at Expiration

Continue to B of A Backtesting, B of A Valuation, B of A Correlation, B of A Hype Analysis, B of A Volatility, B of A History as well as B of A Performance. Please specify B of A time horizon, a valid symbol (red box) and a target price (blue box) you would like B of A odds to be computed.

B of A Target Price Odds to finish over 31.31

The tendency of B of A Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 31.31  in 90 days
 33.00 90 days 31.31 
about 89.19
Based on a normal probability distribution, the odds of B of A to stay above $ 31.31  in 90 days from now is about 89.19 (This Bank Of America probability density function shows the probability of B of A Stock to fall within a particular range of prices over 90 days) . Probability of Bank Of America price to stay between $ 31.31  and its current price of $33.0 at the end of the 90-day period is about 18.41 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.23 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, B of A will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Bank Of America is significantly underperforming NYSE Composite.
   B of A Price Density   
       Price  

Predictive Modules for B of A

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank Of America. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of B of A's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of B of A in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
30.7432.9835.22
Details
Intrinsic
Valuation
LowReal ValueHigh
29.7042.2744.51
Details
Naive
Forecast
LowNext ValueHigh
32.0134.2536.49
Details
15 Analysts
Consensus
LowTarget PriceHigh
40.0051.1164.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as B of A. Your research has to be compared to or analyzed against B of A's peers to derive any actionable benefits. When done correctly, B of A's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bank Of America.

B of A Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. B of A is not an exception. The market had few large corrections towards the B of A's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Bank Of America, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of B of A within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.08
β
Beta against NYSE Composite1.23
σ
Overall volatility
2.45
Ir
Information ratio -0.03

B of A Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of B of A for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Bank Of America can help investors quickly react to important events or material 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 about 733.43 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 91.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Bank Of America has a poor financial position based on the latest SEC disclosures
Roughly 71.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Bank of America sheds US19b, company earnings and investor returns have been trending downwards for past year - Simply Wall St

B of A Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of B of A Stock often depends not only on the future outlook of the current and potential B of A's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. B of A's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding8558400000.00
Cash And Short Term Investments654543000000.00

B of A Technical Analysis

B of A's future price can be derived by breaking down and analyzing its technical indicators over time. B of A Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bank Of America. In general, you should focus on analyzing B of A Stock price patterns and their correlations with different microeconomic environments and drivers.

B of A Predictive Forecast Models

B of A time-series forecasting models is one of many B of A's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary B of A's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Bank Of America

Checking the ongoing alerts about B of A for important developments is a great way to find new opportunities for your next move. Our 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 about 733.43 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 91.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Bank Of America has a poor financial position based on the latest SEC disclosures
Roughly 71.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Bank of America sheds US19b, company earnings and investor returns have been trending downwards for past year - Simply Wall St
Continue to B of A Backtesting, B of A Valuation, B of A Correlation, B of A Hype Analysis, B of A Volatility, B of A History as well as B of A Performance. Note that the Bank Of America information on this page should be used as a complementary analysis to other B of A's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for B of A Stock analysis

When running Bank Of America price analysis, check to measure B of A'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 B of A is operating at the current time. Most of B of A's value examination focuses on studying past and present price action to predict the probability of B of A's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move B of A's price. Additionally, you may evaluate how the addition of B of A to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Is B of A's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B of A. If investors know B of A will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B of A listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.047) 
Market Capitalization
276.5 B
Quarterly Revenue Growth YOY
0.009
Return On Assets
0.0089
Return On Equity
0.1011
The market value of Bank Of America is measured differently than its book value, which is the value of B of A that is recorded on the company's balance sheet. Investors also form their own opinion of B of A's value that differs from its market value or its book value, called intrinsic value, which is B of A's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B of A's market value can be influenced by many factors that don't directly affect B of A's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B of A's value and its price as these two are different measures arrived at by different means. Investors typically determine B of A value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B of A'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.