Wells Fargo Company maintains Market Risk Adjusted Performance of 0.0479, Mean Deviation of 0.732 and Downside Deviation of 1.4. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Wells Fargo Company as well as the relationship between them. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for Wells Fargo which can be compared to its rivals. Please check out Wells Fargo Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Wells Fargo is priced fairly providing market reflects its latest price of 54.88 per share. Given that Wells Fargo Company has Jensen Alpha of (0.26), we strongly advise you confirm Wells Fargo prevalent market performance to make sure the company can sustain itself at future point.
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Wells Fargo Trend AnalysisUse this graph to draw trend lines for Wells Fargo Company. You can use it to identify possible trend reversals for Wells Fargo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wells Fargo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Wells Fargo Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Wells Fargo Company applied against its price change over selected period. The best fit line has a slop of 0.1 % which may imply that the returns on investment in Wells Fargo Company will continue to fail. It has 34 observation points and a regression sum of squares at 8.72, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.
Wells Fargo Company is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.41 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Wells Fargo Company is roughly 1.41