Bank Of America Preferred Stock Current Valuation
| BACRP Preferred Stock | USD 190.00 0.00 0.00% |
Valuation analysis of Bank of AmericaPFD SER B helps investors to measure Bank of AmericaPFD SER B 's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Bank of AmericaPFD SER B 's price fluctuation is very steady at this time. Calculation of the real value of Bank of AmericaPFD SER B is based on 3 months time horizon. Increasing Bank of AmericaPFD SER B 's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Bank of AmericaPFD SER B 's intrinsic value may or may not be the same as its current market price of 190.00, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 190.0 | Real 164.38 | Hype 190.0 | Naive 193.1 |
The intrinsic value of Bank of AmericaPFD SER B 's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Bank of AmericaPFD SER B 's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Bank of America helps investors to forecast how Bank pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Bank of AmericaPFD SER B more accurately as focusing exclusively on Bank of AmericaPFD SER B 's fundamentals will not take into account other important factors: Bank of America Company Current Valuation Analysis
Bank of AmericaPFD SER B 's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Bank of America has a Current Valuation of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all United States preferred stocks average (which is currently at 0.0).
Bank Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of AmericaPFD SER B 's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Bank of AmericaPFD SER B could also be used in its relative valuation, which is a method of valuing Bank of AmericaPFD SER B by comparing valuation metrics of similar companies.Bank of America is currently under evaluation in current valuation category among its peers.
Bank Fundamentals
| EBITDA | 40.61 B | |||
| Net Income | 27.53 B | |||
| Total Debt | 275.98 B | |||
| Cash Flow From Operations | (7.19 B) | |||
| Number Of Employees | 208 K | |||
| Total Asset | 3.05 T | |||
| Annual Yield | 0.88 % | |||
| Net Asset | 3.05 T |
About Bank of AmericaPFD SER B Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of AmericaPFD SER B using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of America based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bank of AmericaPFD SER B
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of AmericaPFD SER B position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of AmericaPFD SER B will appreciate offsetting losses from the drop in the long position's value.Moving against Bank Pink Sheet
| 0.59 | BKRKY | Bank Rakyat | PairCorr |
| 0.59 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.54 | ELCPF | EDP Energias | PairCorr |
| 0.52 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.43 | OAK-PB | Oaktree Capital Group | PairCorr |
The ability to find closely correlated positions to Bank of AmericaPFD SER B could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of AmericaPFD SER B when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of AmericaPFD SER B - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of America to buy it.
The correlation of Bank of AmericaPFD SER B is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of AmericaPFD SER B moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of AmericaPFD SER B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of AmericaPFD SER B can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bank Pink Sheet Analysis
When running Bank of AmericaPFD SER B 's price analysis, check to measure Bank of AmericaPFD SER B '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 Bank of AmericaPFD SER B is operating at the current time. Most of Bank of AmericaPFD SER B 's value examination focuses on studying past and present price action to predict the probability of Bank of AmericaPFD SER B 's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of AmericaPFD SER B 's price. Additionally, you may evaluate how the addition of Bank of AmericaPFD SER B to your portfolios can decrease your overall portfolio volatility.