Wells Volatility

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WFC -- USA Stock  


Macroaxis considers Wells Fargo to be somewhat reliable. Wells Fargo shows Sharpe Ratio of -0.153, which attests that the company had -0.153% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Wells Fargo 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 Mean Deviation of 2.92 and Market Risk Adjusted Performance of (0.61) to validate the risk estimate we provide.
View Volatility For
Wells Fargo Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Wells daily returns, and it is calculated using variance and standard deviation. We also use Wells's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Wells Fargo volatility.

90 Days Market Risk

Somewhat reliable

Chance of Distress


90 Days Economic Sensitivity

Responds to market

Wells Fargo Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Wells Fargo will likely underperform.
3 Months Beta |Analyze Wells Fargo Demand Trend
Check current 30 days Wells Fargo correlation with market (DOW)
β = 1.2312

Wells Fargo Central Daily Price Deviation

Wells Fargo Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Wells Fargo 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

Considering 30-days investment horizon, the stock has beta coefficient of 1.2312 . This means as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Wells Fargo will likely underperform. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Wells Fargo is significantly underperforming DOW.
 Predicted Return Density 
Considering 30-days investment horizon, the coefficient of variation of Wells Fargo is -653.52. The daily returns are destributed with a variance of 24.95 and standard deviation of 4.99. The mean deviation of Wells Fargo Company is currently at 3.0. For similar time horizon, the selected benchmark (DOW) has volatility of 3.73
Alpha over DOW
Beta against DOW=1.23
Overall volatility
Information ratio =0.08

Wells Fargo Return Volatility

the company has volatility of 4.995% on return distribution over 30 days investment horizon. the entity inherits 3.7824% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Wells Fargo Investment Opportunity

Wells Fargo Company has a volatility of 5.0 and is 1.32 times more volatile than DOW. 44  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 44 () of all global equities and portfolios over the last 30 days. Use Wells Fargo Company to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Wells Fargo to be traded at $29.07 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Wells Fargo will likely underperform.

Wells Fargo correlation with market

correlation synergy
Almost no diversification
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.

Wells Fargo Current Risk Indicators

Wells Fargo Suggested Diversification Pairs

Check out Your Current Watchlist. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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