If you would invest
1,496 in Bank of America Corporation on
April 18, 2013 and sell it today you would
earn a total of 25.00 from holding Bank of America Corporation or generate
1.67% return on investment over
30 days. Bank of America Corporation is generating 0.08% of daily returns assuming volatility of
0.22% on return distribution over 30 days investment horizon. In other words, 2% of equities are less volatile than the company and above 96% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
| | Risk [Daily Volatility] (%) |
Considering 30-days investment horizon, Bank of America Corporation is expected to generate 4.5 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.5 times less risky than the market. It trades about 0.36 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.65 of returns per unit of risk over similar time horizon.