Bank of America Downside Variance
| BML-PL Preferred Stock | | | USD 19.52 0.08 0.41% |
Observed values used in the Downside Variance indicator for Bank of America are included in this dataset. Data coverage may vary across sources and reporting intervals. Bank of America has a market cap of 258.75 B, operating margin of 33.51%. Allocation context is available in
Trending Equities. Bank of America can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Bank of America's company valuation — related indicators include
signals in inflation.
The fundamentals of trading Bank Preferred Stock are covered in our
How to Buy Bank of America walkthrough. This resource outlines the process for evaluating Bank Preferred Stock from a trading perspective. It covers the mechanics of investing in Bank of America from account funding through order execution.
Bank of America has current Downside Variance of 0.2185. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.2185 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Downside Variance Peers Comparison
Downside Variance Relative To Other Indicators
Bank of America carries a
fifth ranking for downside variance within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
9.27 per Downside Variance. Bank of America's Maximum Drawdown registers at
9.27 relative to Downside Variance
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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