Wells Fargo Backtesting

Wells Fargo Company -- USA Stock  

USD 55.90  1.00  1.82%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Wells Fargo Company and determine expected loss or profit from investing in Wells Fargo over given investment horizon. See also Wells Fargo Hype Analysis, Wells Fargo Correlation, Wells Fargo Valuation, Wells Fargo Volatility as well as analyze Wells Fargo Alpha and Beta and Wells Fargo Performance
 Time Horizon     30 Days    Login   to change

Wells Fargo 'What if' Analysis

February 19, 2018
No Change 0.00  0.0%
In 30 days
March 21, 2018
If you would invest  0.00  in Wells Fargo on February 19, 2018 and sell it all today you would earn a total of 0.00 from holding Wells Fargo Company or generate 0.0% return on investment in Wells Fargo over 30 days. Wells Fargo is related to or competes with Citigroup, Bank of New York, Goldman Sachs, Morgan Stanley, Regions Financial, and Fifth Third. Wells Fargo Company, a diversified financial services company, provides retail, commercial, and corporate banking servic...

Wells Fargo Upside/Downside Indicators


Wells Fargo Market Premium Indicators

Wells Fargo lagged returns against current returns

 Current and Lagged Values 

Wells Fargo regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Wells Fargo Backtested Returns

Macroaxis considers Wells Fargo to be not too risky. Wells Fargo shows Sharpe Ratio of -0.371 which attests that Wells Fargo had -0.371% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Wells Fargo exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Wells Fargo Market Risk Adjusted Performance of 2.4 and Mean Deviation of 0.8437 to validate risk estimate we provide. Macroaxis gives Wells Fargo performance score of 0 on a scale of 0 to 100. The firm maintains market beta of -0.1686 which attests that as returns on market increase, returns on owning Wells Fargo are expected to decrease at a much smaller rate. During bear market, Wells Fargo is likely to outperform the market.. Even though it is essential to pay attention to Wells Fargo historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Wells Fargo exposes twenty-one different technical indicators which can help you to evaluate its performance. Wells Fargo has expected return of -0.4123%. Please be advised to check out Wells Fargo Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Wells Fargo past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.75 

Good predictability

Wells Fargo Company has good predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from February 19, 2018 to March 6, 2018 and March 6, 2018 to March 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wells Fargo price movement. The serial correlation of 0.75 indicates that around 75.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient 0.75
Spearman Rank Test 0.35
Price Variance 0.94
Lagged Price Variance 1.11

Wells Fargo Lagged Returns

 Regressed Prices 

Wells Fargo Performance vs DOW

The median price of Wells Fargo for the period between Mon, Feb 19, 2018 and Wed, Mar 21, 2018 is 57.59 with a coefficient of variation of 2.58. The daily time series for the period is distributed with a sample standard deviation of 1.49, arithmetic mean of 57.79, and mean deviation of 1.23. The Stock received some media coverage during the period.
 Price Growth (%)  
Acquisition by Weiss Jonathan G of 5837 shares of Wells Farg...02/28/2018
Exercise or conversion by White Julie M of 7006 shares of We...03/20/2018