BAC-PD Return On Asset

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 Return On Asset Analysis

BANK OF AMERICA's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return on Asset

Net Income

Total Assets

100

More About Return On Asset | All Equity Analysis

Current BANK OF AMERICA Return On Asset

0.87 %

Most of BANK OF AMERICA's fundamental indicators, such as Return On Asset, 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.

Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Competition

Based on the latest financial disclosure, BANK OF AMERICA has a Return On Asset of 0.87%. This is much higher than that of the Financial Services sector and significantly higher than that of the Return On Asset industry. The return on asset for all United States stocks is notably lower than that of the firm.

BAC-PD Return On Asset 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 Return On Asset 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 return on asset 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

Be your own money manager

Our tools can tell you how much better you can do entering a position in BANK OF AMERICA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.

The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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