Wall Financial Stock Market Value
| WFC Stock | CAD 23.00 0.05 0.22% |
| Symbol | Wells |
Wall Financial Price To Book Ratio
Wells Fargo 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wells Fargo's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wells Fargo.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Wells Fargo on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Wall Financial or generate 0.0% return on investment in Wells Fargo over 30 days. Wells Fargo is related to or competes with Walmart, Amazon CDR, Berkshire Hathaway, Apple, UnitedHealth Group, CVS HEALTH, and Exxon. Wall Financial Corporation, together with its subsidiaries, operates as a real estate investment and development company... More
Wells Fargo Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wells Fargo's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wall Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.04 | |||
| Information Ratio | (0.001) | |||
| Maximum Drawdown | 20.16 | |||
| Value At Risk | (8.79) | |||
| Potential Upside | 6.03 |
Wells Fargo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wells Fargo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wells Fargo's standard deviation. In reality, there are many statistical measures that can use Wells Fargo historical prices to predict the future Wells Fargo's volatility.| Risk Adjusted Performance | 0.0198 | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0.0007) | |||
| Treynor Ratio | 0.0855 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wells Fargo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wall Financial Backtested Returns
Wall Financial shows Sharpe Ratio of -0.0248, which attests that the company had a -0.0248% return per unit of risk over the last 3 months. Wall Financial exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wells Fargo's Mean Deviation of 3.37, downside deviation of 6.04, and Market Risk Adjusted Performance of 0.0955 to validate the risk estimate we provide. The firm maintains a market beta of 0.87, which attests to possible diversification benefits within a given portfolio. Wells Fargo returns are very sensitive to returns on the market. As the market goes up or down, Wells Fargo is expected to follow. Wall Financial has an expected return of -0.12%. Please make sure to check out Wall Financial semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Wall Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Wall Financial has very good reverse predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wall Financial price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Wells Fargo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.24 |
Wall Financial lagged returns against current returns
Autocorrelation, which is Wells Fargo stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wells Fargo's stock expected returns. We can calculate the autocorrelation of Wells Fargo returns to help us make a trade decision. For example, suppose you find that Wells Fargo has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Wells Fargo regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wells Fargo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wells Fargo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wells Fargo stock over time.
Current vs Lagged Prices |
| Timeline |
Wells Fargo Lagged Returns
When evaluating Wells Fargo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wells Fargo stock have on its future price. Wells Fargo autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wells Fargo autocorrelation shows the relationship between Wells Fargo stock current value and its past values and can show if there is a momentum factor associated with investing in Wall Financial.
Regressed Prices |
| Timeline |
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 Wells Fargo 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, Wells Fargo's short interest history, or implied volatility extrapolated from Wells Fargo options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Wells Fargo Correlation, Wells Fargo Volatility and Wells Fargo Alpha and Beta module to complement your research on Wells Fargo. To learn how to invest in Wells Stock, please use our How to Invest in Wells Fargo guide.Note that the Wall Financial information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Wells Stock analysis
When running Wells Fargo's price analysis, check to measure Wells Fargo'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 Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stocks Directory Find actively traded stocks across global markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Wells Fargo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.