Bank of America (Mexico) Performance
| BAC Stock | MXN 923.00 13.59 1.45% |
On a scale of 0 to 100, Bank of America holds a performance score of 15. The firm shows a Beta (market volatility) of 1.49, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bank of America will likely underperform. Please check Bank of America's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Bank of America's price patterns will revert.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Bank of America are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak fundamental indicators, Bank of America showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 348.2 B |
Bank |
Bank of America Relative Risk vs. Return Landscape
If you would invest 74,087 in Bank of America on September 13, 2024 and sell it today you would earn a total of 18,213 from holding Bank of America or generate 24.58% return on investment over 90 days. Bank of America is generating 0.3783% of daily returns assuming 1.8991% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than Bank of America, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bank of America Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of America'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 Bank of America'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 = 0.1992
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BAC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bank of America is performing at about 15% 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 Bank of America by adding it to a well-diversified portfolio.
Bank of America Fundamentals Growth
Bank Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of America, and Bank of America fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bank Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0089 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.34 % | |||
| Current Valuation | 7.44 T | |||
| Shares Outstanding | 8 B | |||
| Price To Earning | 15.69 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 55.27 X | |||
| Revenue | 94.95 B | |||
| Cash And Equivalents | 853.52 B | |||
| Cash Per Share | 106.36 X | |||
| Total Debt | 275.98 B | |||
| Book Value Per Share | 30.61 X | |||
| Cash Flow From Operations | (7.19 B) | |||
| Earnings Per Share | 59.58 X | |||
| Total Asset | 3.05 T | |||
About Bank of America Performance
Evaluating Bank of America's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Bank of America has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bank of America has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 Mexico and is traded on Mexico Stock Exchange. It employs 213270 people.Things to note about Bank of America performance evaluation
Checking the ongoing alerts about Bank of America for important developments is a great way to find new opportunities for your next move. 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 has accumulated about 853.52 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 106.36. | |
| Roughly 72.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Bank of America's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bank of America's stock is overvalued or undervalued compared to its peers.
- Examining Bank of America's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bank of America's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of America's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of America's stock. These opinions can provide insight into Bank of America's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Bank Stock Analysis
When running Bank of America's price analysis, check to measure Bank of America'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 America is operating at the current time. Most of Bank of America's value examination focuses on studying past and present price action to predict the probability of Bank of America'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 America's price. Additionally, you may evaluate how the addition of Bank of America to your portfolios can decrease your overall portfolio volatility.