B of A Stock Price on June 24, 2022 Breakdown

BAC
 Stock
  

USD 30.20  0.46  1.50%   

As of today, the current price of B of A is  30.20 , as last reported on the 2nd of October, with the highest price reaching  31.19  and the lowest price hitting  30.17  during the day.
Bank Of America secures Sharpe Ratio (or Efficiency) of -0.0137, which signifies that the company had -0.0137% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Bank Of America exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bank Of America mean deviation of 1.47, and Risk Adjusted Performance of (0.028664) to double-check the risk estimate we provide.
  

B of A Main Headline on 24th of June 2022

Bank Of America dividend paid on 24th of June 2022

B of A Valuation on June 24, 2022

It is possible to determine the worth of B of A on a given historical date. On June 24, 2022 B of A was worth 31.25 at the beginning of the trading date compared to the closed value of 32.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of B of A stock. Still, in general, we apply an absolute valuation method to find B of A's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against B of A's related companies.
 Open High Low Close Volume
  32.38    32.41    31.26    31.87    44,091,500  
06/24/2022
  31.25    32.77    31.23    32.10    79,504,700  
  32.42    32.60    31.91    32.14    47,900,300  
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Open Value 31.25
32.1
Closing Value
36.88
Upside

B of A Trading Date Momentum on June 24, 2022

On June 27 2022 Bank Of America was traded for  32.14  at the closing time. Highest B of A's price during the trading hours was 32.60  and the lowest price during the day was  31.91 . The net volume was 47.9 M. The overall trading history on the 27th of June contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.12% . The overall trading delta to current price is 4.05% .

Bank Of America Fundamentals Correlations and Trends

By evaluating B of A's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among B of A's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. B of A financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About B of A Stock history

B of A investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for B of A is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank Of America will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing B of A historical stock prices may prove useful in developing a viable investing in B of A
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. B of A operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 210000 people.

B of A Stock Technical Analysis

B of A technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of B of A technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of B of A trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

B of A Period Price Range

Low
June 24, 2022
High

 31.25 

  

 32.10 

0.852.72%

B of A October 2, 2022 Market Strength

Market strength indicators help investors to evaluate how B of A stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading B of A shares will generate the highest return on investment. By undertsting and applying B of A stock market strength indicators, traders can identify Bank Of America entry and exit signals to maximize returns

B of A Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for B of A stock's direction in advance. Along with the technical and fundamental analysis of B of A Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of B of A to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.
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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.
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.