Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Bank of America Corporation which you can use to evaluate future volatility of the firm. Please confirm Bank of America to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Projected Return Density against Market
Considering 30-days investment horizon, Bank has beta of 0.0 . This indicates unless we do not have required data, the returns on S&P 500 and Bank are completely uncorrelated. Furthermore, Bank of America CorporationIt does not look like Bank alpha can have any bearing on the equity current valuation.
Actual Return Volatility
Bank of America Corporation has volatility of 0.0%
on return distribution over 30 days investment horizon. S&P 500 shows 0.52% volatility of returns over 30 trading days.