BAC-PD Current Valuation

BANK OF AMERICA fundamentals help investors to digest information that contributes to BANK OF AMERICA's financial success or failures. It also enables traders to predict the movement of BAC-PD Stock. The fundamental analysis module provides a way to measure BANK OF AMERICA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BANK OF AMERICA stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BAC-PD Current Valuation Analysis

BANK OF AMERICA'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

Market Cap + Debt

Cash

More About Current Valuation | All Equity Analysis

Current BANK OF AMERICA Current Valuation

182.58 B

Most of BANK OF AMERICA's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BANK OF AMERICA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

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 182.58 B. This is much higher than that of the Financial Services sector and significantly higher than that of the Current Valuation industry. The current valuation for all United States stocks is notably lower than that of the firm.

BAC-PD Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BANK OF AMERICA's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BANK OF AMERICA could also be used in its relative valuation, which is a method of valuing BANK OF AMERICA by comparing valuation metrics of similar companies.

BANK OF AMERICA is currently under evaluation in current valuation category among related companies.

BAC-PD Fundamentals

	Return On Equity	7.41 %
	Return On Asset	0.87 %
	Profit Margin	23.35 %
	Operating Margin	35.51 %
	Current Valuation	182.58 B
	Shares Outstanding	9.88 B
	Number of Shares Shorted	308.91 K
	Price to Earning	14.76 X
	Price to Book	1.07 X
	Price to Sales	3.65 X
	Revenue	84.83 B
	Gross Profit	83.96 B
	Net Income	18.27 B
	Cash and Equivalents	579.08 B
	Cash per Share	57.11 X
	Total Debt	502.81 B
	Book Value Per Share	23.74 X
	Cash Flow from Operations	63.75 B
	Short Ratio	4.13 X
	Earnings Per Share	1.72 X
	Number of Employees	208 K
	Beta	0.05
	Market Capitalization	309.79 B
	Five Year Return	6.13 %
	Last Dividend Paid	1.55

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BANK OF AMERICA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BANK OF AMERICA's short interest history, or implied volatility extrapolated from BANK OF AMERICA options trading.

Pair Trading with BANK OF AMERICA

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 AMERICA 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 AMERICA will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express 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 American Express - 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 American Express to buy it.

The correlation of American Express is a statistical measure of how it moves in relation to other equities. 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 American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express 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 American Express 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.

Pair Correlation Correlation Matching

Check out Trending Equities. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Tools for BAC-PD Stock

When running BANK OF AMERICA 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 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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