Wells Fargo Company has a volatility of 0.77 and is 1.28 times more volatile than DOW. 7%
of all equities and portfolios are less risky than Wells Fargo. Compared to the overall equity markets, volatility of historical daily returns of Wells Fargo Company is lower than 7 (%)
of all global equities and portfolios over the last 30 days. Use Wells Fargo Company to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Wells Fargo to be traded at $58.27 in 30 days
. As returns on market increase, Wells Fargo returns are expected to increase less than the market. However during bear market, the loss on holding Wells Fargo will be expected to be smaller as well.
Wells Fargo correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Wells Fargo Company and equity matching DJI index in the same portfolio.