BAC-PD Stock Alpha and Beta Analysis

Stocks . USA . 
Stock . BANK OF AMERICA
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BANK OF AMERICA. It also helps investors analyze the systematic and unsystematic risks associated with investing in BANK OF AMERICA over a specified time horizon. Remember, high BANK OF AMERICA's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
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Please note that although BANK OF AMERICA alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, BANK OF AMERICA did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of BANK OF AMERICA stock's relative risk over its benchmark. BANK OF AMERICA has a beta of 0.00  . Let's try to break down what BAC-PD's beta means in this case. The returns on NYSE COMPOSITE and BANK OF AMERICA are completely uncorrelated.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

BANK OF AMERICA Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BANK OF AMERICA market risk premium is the additional return an investor will receive from holding BANK OF AMERICA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BANK OF AMERICA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate BANK OF AMERICA's performance over market.
α0.00   β0.00
90 days against NYA
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.

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Check out Trending Equities. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across 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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