We consider Wells Fargo not too risky. Wells Fargo shows Sharpe Ratio of 0.1087 which attests that Wells Fargo had 0.1087% 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. We have found twenty-one technical indicators for Wells Fargo which you can use to evaluate future volatility of the organization. Please check out Wells Fargo Mean Deviation of 0.8439 and Downside Deviation of 0.9718 to validate if risk estimate we provide are consistent with the epected return of 0.1072%.
|Time Horizon||30 Days Login to change|
Wells Fargo Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Wells Fargo has beta of 0.0 . This means unless we do not have required data, the returns on DOW and Wells Fargo are completely uncorrelated. Furthermore, Wells Fargo CompanyIt does not look like Wells Fargo alpha can have any bearing on the equity current valuation.
Predicted Return Density