# B of A Probability Of Bankruptcy

BAC | Stock | ## USD 33.96 0.04 0.12% |

B of A | Probability Of Bankruptcy |

**B**, whereas Revenue Per Employee is forecasted to decline to about 428.2

**K**.

## B of A Probability Of Bankruptcy Analysis

B of A's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years. 2019 | 2020 | 2021 | 2022 (projected) | |

Net Income | 27.43 B | 17.89 B | 31.98 B | 26.3 B |

Gross Profit | 91.24 B | 85.53 B | 89.11 B | 97.55 B |

Probability Of Bankruptcy | = | Normalized | | Z-Score |

## Current B of A Probability Of Bankruptcy | 49% |

Most of B of A's fundamental indicators, such as Probability Of Bankruptcy, 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.

Our calculation of B of A probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting B of A odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Bank Of America financial health.

Is B of A'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 B of A. If investors know B of A 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 B of A listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Bank Of America is measured differently than its book value, which is the value of B of A that is recorded on the company's balance sheet. Investors also form their own opinion of B of A's value that differs from its market value or its book value, called intrinsic value, which is B of A'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 B of A's market value can be influenced by many factors that don't directly affect B of A'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 B of A's value and its price as these two are different measures arrived at by different means. Investors typically determine B of A value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B of A'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.

## B of A Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for B of A is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since B of A's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of B of A's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of B of A's interrelated accounts and indicators.

0.04 | 0.02 | 0.83 | -0.12 | -0.42 | 0.07 | ||

0.04 | 0.92 | -0.24 | 0.98 | 0.75 | 1.0 | ||

0.02 | 0.92 | -0.27 | 0.92 | 0.71 | 0.92 | ||

0.83 | -0.24 | -0.27 | -0.41 | -0.74 | -0.21 | ||

-0.12 | 0.98 | 0.92 | -0.41 | 0.82 | 0.98 | ||

-0.42 | 0.75 | 0.71 | -0.74 | 0.82 | 0.72 | ||

0.07 | 1.0 | 0.92 | -0.21 | 0.98 | 0.72 |

**Click cells**to compare fundamentals

The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Compare to competition |

Based on the latest financial disclosure, Bank Of America has a Probability Of Bankruptcy of 49.0%. This indicator is about the same for the Financial Services average (which is currently at 49.93) sector and significantly higher than that of the Banksâ€”Diversified industry. The probability of bankruptcy for all United States stocks is 23.02% lower than that of the firm.

## B of A Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses B of A's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of B of A could also be used in its relative valuation, which is a method of valuing B of A by comparing valuation metrics of similar companies.B of A is currently under evaluation in probability of bankruptcy category among related companies.

## B of A Fundamentals

Return On Equity | 10.26 % | |||

Return On Asset | 0.91 % | |||

Profit Margin | 30.69 % | |||

Operating Margin | 34.54 % | |||

Current Valuation | 150.26 B | |||

Shares Outstanding | 8.18 B | |||

Shares Owned by Insiders | 0.12 % | |||

Shares Owned by Institutions | 71.25 % | |||

Number of Shares Shorted | 70.11 M | |||

Price to Earning | 10.07 X | |||

Price to Book | 1.11 X | |||

Price to Sales | 3.02 X | |||

Revenue | 91.3 B | |||

Gross Profit | 93.71 B | |||

EBITDA | 23.82 B | |||

Net Income | 26.56 B | |||

Cash and Equivalents | 714.18 B | |||

Cash per Share | 88.88 X | |||

Total Debt | 563.64 B | |||

Debt to Equity | 7.37 % | |||

Book Value Per Share | 30.22 X | |||

Cash Flow from Operations | 3.97 B | |||

Short Ratio | 1.44 X | |||

Earnings Per Share | 3.34 X | |||

Price to Earnings To Growth | 1.49 X | |||

Number of Employees | 210 K | |||

Beta | 1.42 | |||

Market Capitalization | 275.35 B | |||

Total Asset | 660.95 B | |||

Retained Earnings | 134.84 B | |||

Five Year Return | 2.00 % | |||

Last Dividend Paid | 0.88 |

## About B of A Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of B of A using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Of America based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company was founded in 1784 and is based in Charlotte, North Carolina. B of A operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 210000 people.
## Be your own money manager

Our tools can tell you how much better you can do entering a position in B of A without increasing your portfolio risk or giving up 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.## Did you try this?

### Run Competition Analyzer Now

## Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |

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## Pair Trading with B of A

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 B of A 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 B of A will appreciate offsetting losses from the drop in the long position's value.### Moving together with B of A

0.88 | BMO | Bank Of Montreal | Fiscal Year End 2nd of December 2022 | PairCorr | |||

0.83 | BNS | Bank of Nova Scotia | Fiscal Year End 29th of November 2022 | PairCorr | |||

0.7 | C | Citigroup | Fiscal Year End 13th of January 2023 | PairCorr | |||

0.89 | CM | Canadian Imperial Bank | Fiscal Year End 1st of December 2022 | PairCorr |

The ability to find closely correlated positions to B of A could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B of A 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 B of A - 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 Bank Of America to buy it.

The correlation of B of A 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 B of A moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Of America 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 B of A 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.Continue to B of A Piotroski F Score and B of A Altman Z Score analysis. Note that the Bank Of America information on this page should be used as a complementary analysis to other B of A'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

## Complementary Tools for B of A Stock analysis

When running Bank Of America price analysis, check to measure B of A'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 B of A is operating at the current time. Most of B of A's value examination focuses on studying past and present price action to predict the probability of B of A's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move B of A's price. Additionally, you may evaluate how the addition of B of A to your portfolios can decrease your overall portfolio volatility.

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Is B of A'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 B of A. If investors know B of A 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 B of A listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Bank Of America is measured differently than its book value, which is the value of B of A that is recorded on the company's balance sheet. Investors also form their own opinion of B of A's value that differs from its market value or its book value, called intrinsic value, which is B of A'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 B of A's market value can be influenced by many factors that don't directly affect B of A'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 B of A's value and its price as these two are different measures arrived at by different means. Investors typically determine B of A value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B of A'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.