Wells Fargo Stock Market Value

WFC Stock  USD 57.77  0.26  0.45%   
Wells Fargo's market value is the price at which a share of Wells Fargo stock trades on a public exchange. It measures the collective expectations of Wells Fargo investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Wells Fargo and determine expected loss or profit from investing in Wells Fargo over a given investment horizon.
Check out Wells Fargo Correlation, Wells Fargo Volatility and Wells Fargo Alpha and Beta module to complement your research on Wells Fargo.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Symbol

Wells Fargo Price To Book Ratio

Is Wells Fargo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Dividend Share
1.3
Earnings Share
4.83
Revenue Per Share
20.931
Quarterly Revenue Growth
0.006
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wells Fargo 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wells Fargo's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wells Fargo.
0.00
02/17/2024
No Change 0.00  0.0 
In 31 days
03/18/2024
0.00
If you would invest  0.00  in Wells Fargo on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Wells Fargo or generate 0.0% return on investment in Wells Fargo over 30 days. Wells Fargo is related to or competes with Progressive Corp, Comfort Systems, JPMorgan Chase, JPMorgan Chase, Bank Of America, and Tat Techno. Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and ... More

Wells Fargo Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wells Fargo's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wells Fargo upside and downside potential and time the market with a certain degree of confidence.

Wells Fargo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wells Fargo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wells Fargo's standard deviation. In reality, there are many statistical measures that can use Wells Fargo historical prices to predict the future Wells Fargo's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Wells Fargo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Wells Fargo in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
56.1357.5859.03
Details
Intrinsic
Valuation
LowRealHigh
56.1657.6159.06
Details
Naive
Forecast
LowNextHigh
55.0456.5057.95
Details
26 Analysts
Consensus
LowTargetHigh
46.0650.6156.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wells Fargo. Your research has to be compared to or analyzed against Wells Fargo's peers to derive any actionable benefits. When done correctly, Wells Fargo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wells Fargo.

Wells Fargo Backtested Returns

Wells Fargo appears to be very steady, given 3 months investment horizon. Wells Fargo shows Sharpe Ratio of 0.17, which attests that the company had 0.17% return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Wells Fargo, which you can use to evaluate the future volatility of the company. Please utilize Wells Fargo's Downside Deviation of 1.18, market risk adjusted performance of 0.3016, and Mean Deviation of 1.09 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wells Fargo holds a performance score of 13. The firm maintains a market beta of 1.21, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wells Fargo will likely underperform. Although it is vital to follow Wells Fargo historical price patterns, it is good to be conservative about what you can do with the information regarding equity current price history. Please utilizes Wells Fargo downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Wells Fargo historical returns will revert.

Auto-correlation

    
  0.92  

Excellent predictability

Wells Fargo has excellent predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from 17th of February 2024 to 3rd of March 2024 and 3rd of March 2024 to 18th of March 2024. 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 0.92 indicates that approximately 92.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient0.92
Spearman Rank Test0.79
Residual Average0.0
Price Variance0.29

Wells Fargo lagged returns against current returns

Autocorrelation, which is Wells Fargo stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wells Fargo's stock expected returns. We can calculate the autocorrelation of Wells Fargo returns to help us make a trade decision. For example, suppose you find that Wells Fargo stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Wells Fargo regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wells Fargo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wells Fargo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wells Fargo stock over time.
   Current vs Lagged Prices   
       Timeline  

Wells Fargo Lagged Returns

When evaluating Wells Fargo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wells Fargo stock have on its future price. Wells Fargo autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wells Fargo autocorrelation shows the relationship between Wells Fargo stock current value and its past values and can show if there is a momentum factor associated with investing in Wells Fargo.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Wells Fargo Correlation, Wells Fargo Volatility and Wells Fargo Alpha and Beta module to complement your research on Wells Fargo.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Wells Stock analysis

When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
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Wells Fargo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Wells Fargo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wells Fargo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...