B of A Stock Performance

BAC
 Stock
  

USD 34.74  0.82  2.42%   

The firm shows a Beta (market volatility) of 1.2548, which signifies a somewhat significant risk relative to the market. Let's try to break down what B of A's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, B of A will likely underperform. Even though it is essential to pay attention to Bank Of America historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bank Of America exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Bank Of America has an expected return of -0.025%. Please be advised to confirm Bank Of America jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside to decide if Bank Of America performance from the past will be repeated at some point in the near future.
  
B of A Performance
0 of 100
Over the last 90 days Bank Of America has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, B of A is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

B of A Price Channel

Fifty Two Week Low29.67
Target High Price55.00
Payout Ratio26.25%
Fifty Two Week High50.11
Target Low Price34.00
Trailing Annual Dividend Yield2.21%

B of A Relative Risk vs. Return Landscape

If you would invest  3,487  in Bank Of America on May 12, 2022 and sell it today you would lose (95.00)  from holding Bank Of America or give up 2.72% of portfolio value over 90 days. Bank Of America is generating negative expected returns assuming volatility of 2.0429% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than B of A, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon B of A is expected to under-perform the market. In addition to that, the company is 1.61 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

B of A Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for B of A's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bank Of America, and traders can use it to determine the average amount a B of A'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 = -0.0122

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsBAC
Estimated Market Risk
 2.04
  actual daily
 
 17 %
of total potential
 
1717
Expected Return
 -0.02
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.01
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average B of A is performing at about 0% 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 B of A by adding it to a well-diversified portfolio.

About B of A Performance

To evaluate Bank Of America Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when B of A generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare B of A Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bank Of America stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents B of A's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-3.4 B-3.5 B
Return on Average Assets 0.01  0.009142 
Return on Average Equity 0.11  0.1 
Return on Invested Capital 0.012  0.0119 
Return on Sales 0.38  0.33 
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.

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.

B of A Alerts

Equity Alerts and Improvement Suggestions

Bank Of America generated a negative expected return over the last 90 days
Bank Of America has a frail financial position based on the latest SEC disclosures
About 71.0% of the company shares are held by institutions such as insurance companies
On 24th of June 2022 B of A paid $ 0.21 per share dividend to its current shareholders
Latest headline from www.cnbc.com: Exercise or conversion by Brian Moynihan of 15853 shares of B of A subject to Rule 16b-3
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing 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.
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.