Trader’s should divert their intention on this Stocks: Bank of America Corporation (NYSE:BAC)

Oil prices slid $3 a barrel on Wednesday after US government data showed big builds in crude oil, gasoline and distillate inventories and OPEC and its allies stuck to their output policy.

Brent crude futures were down $2.6, or 3.5%, at $82.50 a barrel by 12:50 p.m. ET (1750 GMT). West Texas Intermediate (WTI) US crude futures fell $2.67, or 3.4% to $76.20.

US crude oil and fuel inventories rose last week to their highest levels since June 2021, the Energy Information Administration said, as demand remained weak.

Crude inventories climbed 4.1 million barrels in the week ended Jan. 27 to 452.7 million barrels, much steeper than the 0.4 million barrel rise that analysts had forecast in a Reuters poll. It was the sixth straight weekly build, as refining utilization declined and net imports climbed.

OPEC’s oil output fell in January, as Iraqi exports dropped and Nigerian output did not recover, with the 10 OPEC members pumping 920,000 barrels per day (bpd) below OPEC+ targeted volumes, a Reuters survey found.

Technical analysis of the following stock:

  • Bank of America Corporation a USA based Company, belongs to a Financial

On Friday, 0.14% shares of Bank of America Corporation (NYSE:BAC) are owned by insiders with 0.00% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. The stock closed at $36.43 by scoring 0.83%. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0 as current ratio and on the opponent side the debt to equity ratio was 2.10 and long-term debt to equity ratio also remained 1.11. The stock showed monthly performance of 6.71%. Likewise, the performance for the quarter was recorded as 0.94% and for the year was -22.31%.

Growth in earnings per share is everything. The expected future growth in earnings per share (“EPS”) is an incredibly important factor .in identifying an under-valued stock. The impact of earnings growth is exponential. Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). Therefore stocks with higher earnings growth should offer the highest capital gains. And doubling the growth more than doubles the capital gain, due to the compounding effect.


If we consider EPS growth of the company, then the company indicated the following observations:

The company showed 3.18 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 9.99%.

Bank of America Corporation (NYSE:BAC) exchanged hands 37,357,378 shares versus average trading capacity of 38.61M shares, while its relative trading volume is 0.97. BAC’s total market worth is $291.35B. The Company has a Return on Assets of 0.80%. The company currently has a Return on Equity of 11.00% and Return on Investment of 6.10%.

Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. An example of the first is a treasury bill: the price does not go up or down a lot, so it has a low beta. An example of the second is gold. The price of gold does go up and down a lot, but not in the same direction or at the same time as the market.

A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. An example is a stock in a big technology company. Negative betas are possible for investments that tend to go down when the market goes up, and vice versa. There are few fundamental investments with comprising and noteworthy negative betas, but some derivatives like put options can have large negative betas.

Why Traders should have a look on beta and why it is important

Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an predictable return higher than the risk-free rate of interest.

Why higher-beta is riskier than lower- beta

Higher-beta stocks tend to be more volatile and therefore riskier, but provide the potential for higher returns. Lower-beta stocks pose less risk but generally offer lower returns. Some have challenged this idea, claiming that the data show little relation between beta and potential reward, or even that lower-beta stocks are both less risky and more profitable (contradicting CAPM). In the same way a stock’s beta shows its relation to market shifts, it is also an indicator for required returns on investment (ROI).

Now have a glance on “Beta value” of the stock

BAC’s Beta value is 1.40.

About George Griffin

I am George Griffin and I have over 11 years experience in the trending stock industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I perform analysis of Companies and publicize valuable information for shareholder community. At, I think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. I look for investments that generate strong value in the long run, and also assist shareholders avoid pitfalls through my analysis. Investing in the market here we are the advisors, active day spenders. I worked independently as a self motivator and with the financial institute as financial adviser to invest in the BW sector for over 9 years in the developing countries by introducing new phases and ways to improve in the BW sector

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