Wells Fargo Backtesting

Wells Fargo Company -- USA Stock  

USD 59.22  0.65  1.09%

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
Investment Horizon     30 Days    Login   to change

Wells Fargo 'What if' Analysis

November 17, 2017
No Change 0.00  0.0%
In 31 days
December 17, 2017
If you would invest  0.00  in Wells Fargo on November 17, 2017 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. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts,...

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 not too risky given 1 month investment horizon. Wells Fargo shows Sharpe Ratio of 0.4033 which attests that Wells Fargo had 0.4033% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By examining Wells Fargo technical indicators you can presently evaluate if the expected return of 0.5109% is justified by implied risk. Please utilize Wells Fargo Market Risk Adjusted Performance of 0.5368, Mean Deviation of 1.09 and Coefficient Of Variation of 252.87 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Wells Fargo holds performance score of 26. The firm maintains market beta of 0.928 which attests that Wells Fargo returns are very sensitive to returns on the market. as market goes up or down, Wells Fargo is expected to follow.. Although it is vital to follow to Wells Fargo historical price patterns, it is good to be conservative about what you can actually do with the information regarding equity current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty technical indicators for Wells Fargo which you can use to evaluate performance of the organization. Please utilizes Wells Fargo Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to make a quick decision on weather Wells Fargo Company historical returns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.53 

Modest predictability

Wells Fargo Company has modest predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 2017. 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 0.53 indicates that about 53.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient 0.53
Spearman Rank Test 0.33
Price Variance 0.59
Lagged Price Variance 1.14

Wells Fargo Lagged Returns

 Regressed Prices 

Wells Fargo Performance vs DOW

The median price of Wells Fargo for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 56.68 with a coefficient of variation of 4.16. The daily time series for the period is distributed with a sample standard deviation of 2.36, arithmetic mean of 56.77, and mean deviation of 2.11. The Stock received some media coverage during the period.
Price Growth (%)  
Quarles recuses himself from Wells Fargo matters12/15/2017