Wells Fargo Risk Analysis And Volatility Evaluation

SSHIX -- USA Fund  

USD 8.64  0.00  0.00%

Macroaxis considers Wells Fargo to be not too risky. Wells Fargo Short shows Sharpe Ratio of -0.0386 which attests that Wells Fargo Short had -0.0386% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Wells Fargo Short exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Wells Fargo Short Market Risk Adjusted Performance of 0.6458 and Mean Deviation of 0.0206 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

Wells Fargo Market Sensitivity

As returns on market increase, returns on owning Wells Fargo are expected to decrease at a much smaller rate. During bear market, Wells Fargo is likely to outperform the market.
One Month Beta |Analyze Wells Fargo Short Demand Trend
Check current 30 days Wells Fargo correlation with market (DOW)
β = -0.019
Wells Fargo Almost negative betaWells Fargo Short Beta Legend

Wells Fargo Short Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Wells Fargo Short Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Wells Fargo Projected Return Density Against Market

Assuming 30 trading days horizon, Wells Fargo Short Term Bond Inst has beta of -0.019 . This entails as returns on benchmark increase, returns on holding Wells Fargo are expected to decrease at a much smaller rate. During bear market, however, Wells Fargo Short Term Bond Inst is likely to outperform the market. Additionally, Wells Fargo Short Term Bond Inst has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Wells Fargo is -2587.7. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.05. The mean deviation of Wells Fargo Short Term Bond Inst is currently at 0.02. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.01
β
Beta against DOW=0.02
σ
Overall volatility
=0.05
Ir
Information ratio =1.94

Wells Fargo Return Volatility

Wells Fargo Short Term Bond Inst shows 0.0539% volatility of returns over 30 trading days. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Wells Fargo Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Indifferent to market move

Investment Outlook

Wells Fargo Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 7.8 times more volatile than Wells Fargo Short Term Bond Inst. 0% 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 Short Term Bond Inst is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Wells Fargo Short Term Bond Inst to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Wells Fargo to be traded at $8.55 in 30 days. As returns on market increase, returns on owning Wells Fargo are expected to decrease at a much smaller rate. During bear market, Wells Fargo is likely to outperform the market.

Wells Fargo correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Wells Fargo Short Term Bond In and equity matching DJI index in the same portfolio.

Wells Fargo Volatility Indicators

Wells Fargo Short Term Bond Inst Current Risk Indicators

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