Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L

10-Year Study

BAC-P-L.US · Other · US · Preferred Stock

Executive Summary: Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L has compounded at 2.0% annually over the last 10 years, with a maximum drawdown of 33.0% and an annualized volatility of 12.4%.

1Y CAGR
+5.6%
3Y CAGR
+1.5%
5Y CAGR
-2.8%
10Y CAGR
+2.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
33.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.13
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.18
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
12.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +19.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -20.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-0.5-0.2-4.12.4————————-2.5%
20250.41.2-0.4-5.2-0.84.50.62.22.6-1.5-0.7-0.02.7%
20241.0-2.80.8-3.73.40.60.14.22.1-3.00.8-2.01.2%
20237.3-4.0-2.21.4-1.40.43.9-4.9-4.0-5.36.47.53.9%
2022-3.3-6.4-0.4-7.33.5-4.43.3-1.3-4.4-1.15.0-4.8-20.3%
2021-3.7-4.90.51.3-0.70.74.5-0.8-1.7-0.7-1.02.7-4.1%
20208.6-4.6-15.69.2-1.3-1.611.7-0.3-0.5-1.41.12.44.9%
20193.20.20.51.40.73.13.34.01.71.2-2.4-2.115.7%
2018-4.31.42.2-1.2-0.60.21.72.90.3-1.80.7-2.2-1.0%
20172.2-0.22.01.52.33.12.91.50.1-0.31.61.519.6%
2016———3.5-1.95.00.92.9-0.20.8-4.91.27.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 12.4%. The dominant macroeconomic risk driver is HYG.US, accounting for 32.6% of variance. Idiosyncratic stock-specific factors contribute 16.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110354.129725888848
2016-05-0110153.779603998248
2016-06-0110662.568504427407
2016-07-0110762.948222952646
2016-08-0111072.921679423149
2016-09-0111054.058649276223
2016-10-0111146.050961870313
2016-11-0110602.784114996635
2016-12-0110730.74029978933
2017-01-0110964.79747431217
2017-02-0110944.106237495827
2017-03-0111158.340573370302
2017-04-0111329.767450080308
2017-05-0111587.284578853294
2017-06-0111951.821879043
2017-07-0112292.858598167688
2017-08-0112482.2709658233
2017-09-0112496.666062004238
2017-10-0112453.361940027913
2017-11-0112655.387918032151
2017-12-0112839.107453253262
2018-01-0112284.271105173277
2018-02-0112454.907790333944
2018-03-0112729.599905095758
2018-04-0112572.13951166975
2018-05-0112498.098157228616
2018-06-0112524.533009998057
2018-07-0112742.272424325956
2018-08-0113109.845563257271
2018-09-0113145.313788314388
2018-10-0112912.21743796336
2018-11-0113000.580760318651
2018-12-0112710.703357826562
2019-01-0113123.331634455357
2019-02-0113152.152296928387
2019-03-0113211.723395581063
2019-04-0113400.886923995557
2019-05-0113498.310026068197
2019-06-0113923.42089156764
2019-07-0114384.557585158374
2019-08-0114958.544398100534
2019-09-0115214.381608078398
2019-10-0115390.758862181045
2019-11-0115019.433836895932
2019-12-0114704.837048892543
2020-01-0115963.225216576471
2020-02-0115228.435439014376
2020-03-0112855.470918614941
2020-04-0114039.33630410146
2020-05-0113858.822224574064
2020-06-0113632.327731640386
2020-07-0115225.000441816612
2020-08-0115184.576761014994
2020-09-0115113.175133870433
2020-10-0114898.868685399555
2020-11-0115063.610419721716
2020-12-0115423.76713359742
2021-01-0114857.02306607728
2021-02-0114125.029429049026
2021-03-0114199.071799160527
2021-04-0114381.689332028129
2021-05-0114276.66901557368
2021-06-0114381.892466102508
2021-07-0115027.350987444892
2021-08-0114910.041059490453
2021-09-0114650.232578358462
2021-10-0114546.63420042467
2021-11-0114402.205873540506
2021-12-0114788.160614862467
2022-01-0114300.638836350516
2022-02-0113382.066552004253
2022-03-0113330.673631186119
2022-04-0112358.880219352297
2022-05-0112795.212211120492
2022-06-0112233.749629534232
2022-07-0112635.447261620639
2022-08-0112466.338144699308
2022-09-0111913.813462385766
2022-10-0111786.448397749518
2022-11-0112375.638780488647
2022-12-0111781.77631403878
2023-01-0112636.97076717849
2023-02-0112125.479167889702
2023-03-0111860.59233489821
2023-04-0112024.826234034424
2023-05-0111851.5528685883
2023-06-0111901.828551997345
2023-07-0112370.865129740718
2023-08-0111770.502372910689
2023-09-0111296.387443307818
2023-10-0110697.040356849691
2023-11-0111385.664868997821
2023-12-0112241.671858435051
2024-01-0112369.341624182865
2024-02-0112025.841904406323
2024-03-0112124.463497517803
2024-04-0111680.20927684879
2024-05-0112076.320721889748
2024-06-0112149.042720517782
2024-07-0112157.67591867893
2024-08-0112664.901702405738
2024-09-0112929.585401322849
2024-10-0112543.5290929637
2024-11-0112640.01777829419
2024-12-0112383.561009389465
2025-01-0112431.80535205471
2025-02-0112584.155907839697
2025-03-0112539.161710364528
2025-04-0111884.155887526287
2025-05-0111791.933017757776
2025-06-0112320.081611145724
2025-07-0112391.178537178715
2025-08-0112665.917372777636
2025-09-0113000.580760318651
2025-10-0112807.603389657672
2025-11-0112718.732232116432
2025-12-0112716.193056186683
2026-01-0112655.252833872688
2026-02-0112624.88428975288
2026-03-0112102.321883410385
2026-04-0112392.397341624994
Annual Return Matrix
YearAnnual Return
20170.1964791891856077
2018-0.010001014158828037
20190.15688617969658636
20200.048890720945392596
2021-0.041209551027934
2022-0.20329670329670335
20230.03903448275862065
20240.011590667728660575
20250.02686077506663942
2026-0.025463258785942577
Total Factor Risk
0.12386345756327394
VTI.US Exposure
0.2155178922846152
VEA.US Exposure
0.019446486695251595
VWO.US Exposure
-0.040706325805800324
QQQ.US Exposure
-0.11606768439198983
VTV.US Exposure
-0.08212232539115344
IJR.US Exposure
0.08112699628862574
QUAL.US Exposure
0.07910955616486533
SHV.US Exposure
0.09333642785751761
TLT.US Exposure
0.22221026876133076
LQD.US Exposure
0.10755774141071839
HYG.US Exposure
0.32568800318352725
GLD.US Exposure
0.004682398078894751
USO.US Exposure
-0.004122853519474826
VNQ.US Exposure
-0.026805571791798998
BTC-USD.CC Exposure
-0.017648239934903453
CPER.US Exposure
0.014917210770496587
VIX.INDX Exposure
-0.005518914131158875
UUP.US Exposure
-0.012377022242342387
TIP.US Exposure
-0.02131383181230909
Idiosyncratic Exposure
0.16308978752508807
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
12.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-1.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
5.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L a high-risk investment?

Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L (BAC-P-L.US) has an annualized volatility of 12.4% and experienced a maximum drawdown of 33.0% over the last 10 years. Its primary macro risk driver is HYG.US.

What is the 10-year return of BAC-P-L.US?

Over the past 10 years, BAC-P-L.US has generated a Compound Annual Growth Rate (CAGR) of 2.0%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Bank of America Corporation Non Cumulative Perpetual Conv Pfd Ser L

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest