BAC-PD Price to Sales

Stocks . USA . 
Stock . BANK OF AMERICA
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 Price to Sales Analysis

BANK OF AMERICA's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
P/S 
 = 
MV Per Share 
Revenue Per Share 
More About Price to Sales | All Equity Analysis

Current BANK OF AMERICA Price to Sales

    
  3.65 X  
Most of BANK OF AMERICA's fundamental indicators, such as Price to Sales, 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.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition
Based on the latest financial disclosure, the price to sales indicator of BANK OF AMERICA is roughly 3.65 times. This is much higher than that of the Financial Services sector and significantly higher than that of the Price to Sales industry. The price to sales for all United States stocks is notably lower than that of the firm.

BAC-PD Price to Sales 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 Price to Sales 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 price to sales category among related companies.

BAC-PD Fundamentals

Return On Equity7.41 %
Return On Asset0.87 %
Profit Margin23.35 %
Operating Margin35.51 %
Current Valuation182.58 B
Shares Outstanding9.88 B
Number of Shares Shorted308.91 K
Price to Earning14.76 X
Price to Book1.07 X
Price to Sales3.65 X
Revenue84.83 B
Gross Profit83.96 B
Net Income18.27 B
Cash and Equivalents579.08 B
Cash per Share57.11 X
Total Debt502.81 B
Book Value Per Share23.74 X
Cash Flow from Operations63.75 B
Short Ratio4.13 X
Earnings Per Share1.72 X
Number of Employees208 K
Beta0.05
Market Capitalization309.79 B
Five Year Return6.13 %
Last Dividend Paid1.55
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 Lincoln National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lincoln National 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 Lincoln National - 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 Lincoln National to buy it.
The correlation of Lincoln National 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 Lincoln National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lincoln National 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 Lincoln National 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 CorrelationCorrelation Matching
Check out Trending Equities. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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