Bank Of America Stock Price on July 11, 2022
| BAC Stock | USD 35.77 0.54 1.53% |
Below is the normalized historical share price chart for Bank of America extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bank of America stands at 35.77, as last reported on the 19th of April, with the highest price reaching 35.99 and the lowest price hitting 35.18 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. We consider Bank of America very steady. Bank of America secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bank of America, which you can use to evaluate the volatility of the firm. Please confirm Bank of America's Mean Deviation of 1.01, risk adjusted performance of 0.0904, and Downside Deviation of 1.4 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
At present, Bank of America's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 93.5 B, whereas Total Stockholder Equity is forecasted to decline to about 166.8 B. . At present, Bank of America's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.53, whereas Price To Sales Ratio is forecasted to decline to 2.18. Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of January 1978 | 200 Day MA 31.3745 | 50 Day MA 35.4896 | Beta 1.388 |
Bank |
Sharpe Ratio = 0.1285
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bank of America is performing at about 10% 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.
Price Book 1.0728 | Price Sales 2.9984 | Shares Float 7.8 B | Dividend Share 0.94 | Wall Street Target Price 36.95 |
Bank of America Valuation on July 11, 2022
It is possible to determine the worth of Bank of America on a given historical date. On July 11, 2022 Bank was worth 31.55 at the beginning of the trading date compared to the closed value of 29.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of America stock. Still, in general, we apply an absolute valuation method to find Bank of America's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bank of America where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of America's related companies.
| Open | High | Low | Close | Volume | |
| 32.01 | 32.25 | 30.24 | 30.24 | 31,153,760 | |
07/11/2022 | 31.55 | 31.79 | 29.92 | 29.92 | 29,342,279 |
| 31.02 | 32.03 | 29.83 | 29.83 | 39,527,039 |
| Backtest Bank of America | | | Bank of America History | | | Bank of America Valuation | Previous | Next |
Bank of America Trading Date Momentum on July 11, 2022
| On July 12 2022 Bank of America was traded for 29.83 at the closing time. Highest Bank of America's price during the trading hours was 32.03 and the lowest price during the day was 29.83 . The net volume was 39.5 M. The overall trading history on the 12th of July 2022 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.30% . The overall trading delta to current price is 10.59% . |
Bank of America Fundamentals Correlations and Trends
By evaluating Bank of America's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bank of America's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of America Stock history
Bank of America investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of America will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bank of America stock prices may prove useful in developing a viable investing in Bank of America
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.1 B | 8.5 B | |
| Net Income Applicable To Common Shares | 29.9 B | 31.4 B |
Bank of America Stock Technical Analysis
Bank of America technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Bank of America Period Price Range
Low | July 11, 2022
| High |
31.55 | 29.92 |
Bank of America April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of America stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of America shares will generate the highest return on investment. By undertsting and applying Bank of America stock market strength indicators, traders can identify Bank of America entry and exit signals to maximize returns
| Accumulation Distribution | 1.7 M | |||
| Daily Balance Of Power | (0.87) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 30.86 | |||
| Day Typical Price | 30.54 | |||
| Price Action Indicator | (1.75) | |||
| Period Momentum Indicator | 5.85 |
Bank of America Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of America's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.0965 | |||
| Total Risk Alpha | 0.0467 | |||
| Sortino Ratio | 0.0809 | |||
| Treynor Ratio | 0.1331 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.Note that the Bank of America information on this page should be used as a complementary analysis to other Bank of America'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 the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary 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.
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Is Bank of America'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 Bank of America. If investors know Bank 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 Bank of America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 0.94 | Earnings Share 2.9 | Revenue Per Share 11.664 | Quarterly Revenue Growth (0.03) |
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America'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 Bank of America's market value can be influenced by many factors that don't directly affect Bank of America'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 Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America'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.