B of A Story

Bank of America Corporation -- USA Stock  

USD 31.24  0.05  0.16%

Macroaxis News
  
By Nathan Young

Bank of America is a large bank that works on the retail side, as well as investing and large banking side of the financial world. Bank of America is certainly to have the presence felt in almost every part of banking. We as retail finance people know them for credit card and traditional brick and mortar buildings. Also, people may choose to use them for investing and other retirement activities. There are many different avenues you could take a brief overview of a financial company this large, but for this, we’ll try to keep it as general as possible.

Banking
Fama & French Classification
Bank of America Is in Most Consumers Wallets but It May Not Be Meant for All Portfolios

For Bank of America, let us take this from a detailed technical review. To go deep into the financials would take a significant amount of time. Taking a look at the monthly chart, we can see that $17.75-$18 level of resistance has been broken and there is a strong push to the upside. This should not be a huge surprise, as it should begin to fill the large downfall that was the financial crisis of 2008. In this spot, you could look to use Fib Retracement tools to find a spot for resistance. Looking in the past, there is not a clear level of resistance for a little while, possibly around the $39, but until then, this stock has quite a bit of room to run from a technical standpoint.




Risks

Taking a look at the company’s latest 10-K filing, we can view risks investors should take note of. Being a large financial institution, there are many risks that affect all sectors of the company, one being a liquidity risk. In order to avoid having a problem with liquidity, the company has to have access to the capital markets. If they are unable to access the capital markets, continue to maintain deposits, or borrowing cost increase, the company’s liquidity and competitive position will be negatively affected. Also, being a large bank, investors should be aware of the credit rating of the company. If an investor wants to ensure their funds are safe and the investments are safe, they should ensure that Bank of American maintains the highest credit rating. If that begins to fall, research to see if there is an underlying issue that may not be obvious.

Conclusion

Having a position in the financial sector is good for a well balanced portfolio. Bank of America appears to have room to run, but it would be wise to compare them to others in the same industry. Compare ratios and numbers to see which one provides the balance of value for your money. As with any investment, be sure to consult a professional to ensure your financial goals are being met.

Story Momentum

This article from Macroaxis published on 12 of December did not affect price variability. The overall trading delta when the story was published to current price is 40.38% .

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B of A is currently under evaluation in current valuation category among related companies. Enterprise Value is a firm valuation proxy that approximates current market value of a company. It is typically used to determine 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 company has on its balance sheet. When takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.