Wells Fargo Risk Analysis And Volatility

WFC -- USA Stock  

USD 48.92  0.06  0.12%

We consider Wells Fargo very steady. Wells Fargo shows Sharpe Ratio of 0.0899 which attests that the company had 0.0899% 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-one technical indicators for Wells Fargo which you can use to evaluate future volatility of the organization. Please check out Wells Fargo Mean Deviation of 1.17, Downside Deviation of 1.73 and Market Risk Adjusted Performance of 0.0719 to validate if risk estimate we provide are consistent with the epected return of 0.1416%.

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

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 = 1.1914

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 Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Wells Fargo moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Wells Fargo Projected Return Density Against Market

Considering 30-days investment horizon, the stock has beta coefficient of 1.1914 . 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. Moreover, The company has an alpha of 0.05 implying that it can potentially generate 0.05% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
Considering 30-days investment horizon, the coefficient of variation of Wells Fargo is 1111.83. The daily returns are destributed with a variance of 2.48 and standard deviation of 1.57. The mean deviation of Wells Fargo Company is currently at 1.26. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
Alpha over DOW
Beta against DOW=1.19
Overall volatility
Information ratio =0.0355

Wells Fargo Return Volatility

the company has volatility of 1.574% on return distribution over 30 days investment horizon. the entity inherits 0.9084% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Wells Fargo Investment Opportunity

Wells Fargo Company has a volatility of 1.57 and is 1.73 times more volatile than DOW. 14% 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 14 (%) 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 normal downward trend and little activity. Check odds of Wells Fargo to be traded at $48.43 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
Poor 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

See also Your Current Watchlist. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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