B of A Stock Price on September 30, 2022 Breakdown

BAC
 Stock
  

USD 36.86  0.84  2.23%   

As of today, the current price of B of A is  36.86 , as last reported on the 28th of November, with the highest price reaching  37.66  and the lowest price hitting  36.83  during the day.
We consider B of A very steady. Bank Of America secures Sharpe Ratio (or Efficiency) of 0.0742, which signifies that the company had 0.0742% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Bank Of America, which you can use to evaluate the future volatility of the firm. Please confirm Bank Of America Downside Deviation of 1.75, mean deviation of 1.51, and Risk Adjusted Performance of 0.116 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
  
As of November 28, 2022, Net Income Common Stock is expected to decline to about 24.7 B. 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 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
B
Shares Outstanding
B
Shares Short Prior Month
85.7 M
Dividend Share
0.85
Earnings Share
3.16
Shares Short
73.6 M

B of A Main Headline on 30th of September 2022

Bank Of America dividend paid on 30th of September 2022

B of A Valuation on September 30, 2022

It is possible to determine the worth of B of A on a given historical date. On September 30, 2022 B of A was worth 30.76 at the beginning of the trading date compared to the closed value of 30.2. 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
  30.69    30.90    30.21    30.66    35,220,879  
09/30/2022
  30.76    31.19    30.17    30.20    42,294,078  
  30.59    31.28    30.20    31.09    34,591,711  
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Open Value 30.76
30.2
Closing Value
36.94
Upside

B of A Trading Date Momentum on September 30, 2022

On October 03 2022 Bank Of America was traded for  31.09  at the closing time. Highest B of A's price during the trading hours was 31.28  and the lowest price during the day was  30.20 . The net volume was 34.6 M. The overall trading history on the 3rd of October contributed to the next trading period price jump. The overall trading delta to the next next day price was 2.95% . The overall trading delta to current price is 2.32% .

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
Last ReportedProjected for 2022
Weighted Average Shares8.5 B10.2 B
Weighted Average Shares Diluted8.6 B10.4 B
Issuance Purchase of Equity Shares-25.1 B-25.8 B

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
September 30, 2022
High

 30.76 

  

 30.20 

-0.56-1.82%

B of A November 28, 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.
Quarterly Earnings Growth YOY
(0.047) 
Market Capitalization
302.4 B
Quarterly Revenue Growth YOY
0.009
Return On Assets
0.0089
Return On Equity
0.1
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.