Wells Fargo Backtesting

WFC -- USA Stock  


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.
Horizon     30 Days    Login   to change

Wells Fargo 'What if' Analysis

September 6, 2019
No Change 0.00  0.0 
In 3 months and 1 day
December 5, 2019
If you would invest  0.00  in Wells Fargo on September 6, 2019 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 90 days. Wells Fargo is related to or competes with Regions Financial, FIRST REPUBLIC, SunTrust Banks, U S, Zions Bancorporation, and Alphabet. Wells Fargo Company, a diversified financial services company, provides retail, commercial, and corporate banking servic...

Wells Fargo Upside/Downside Indicators

Downside Deviation1.15
Information Ratio0.1239
Maximum Drawdown6.5
Value At Risk(1.72)
Potential Upside1.7

Wells Fargo Market Premium Indicators

Risk Adjusted Performance0.1306
Jensen Alpha0.1326
Total Risk Alpha0.0753
Sortino Ratio0.1189
Treynor Ratio0.2047

Wells Fargo Backtested Returns

We consider Wells Fargo very steady. Wells Fargo shows Sharpe Ratio of 0.1842 which attests that the company had 0.1842% of return per unit of risk over the last 3 months. Our philosophy towards determining 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 future volatility of the organization. Please check out Wells Fargo Downside Deviation of 1.15, Mean Deviation of 0.8181 and Market Risk Adjusted Performance of 0.2147 to validate if risk estimate we provide are consistent with the epected return of 0.1987%. Wells Fargo has performance score of 12 on a scale of 0 to 100. The firm maintains market beta of 1.0488 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 extremely important to respect Wells Fargo historical price patterns, it is better to be realistic regarding the information on 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. By examining Wells Fargo technical indicators you can presently evaluate if the expected return of 0.1987% will be sustainable into the future. Wells Fargo right now maintains a risk of 1.0787%. Please check out Wells Fargo Downside Variance, and the relationship between Treynor Ratio and Kurtosis to decide if Wells Fargo will be following its historical returns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.47 
correlation synergy

Average predictability

Wells Fargo Company has average predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from September 6, 2019 to October 21, 2019 and October 21, 2019 to December 5, 2019. 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 0.47 indicates that about 47.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.35
Residual Average0.0
Price Variance1.42

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 Lagged Returns

 Regressed Prices 

Current Sentiment - WFC

Wells Fargo Investor Sentiment

Predominant part of Macroaxis users are at this time bullish on Wells Fargo Company. What is your outlook on investing in Wells Fargo Company? Are you bullish or bearish?
98% Bullish
2% Bearish

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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. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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