Wells Fargo Stock Market Value
| WFC Stock | USD 60.94 0.16 0.26% |
| Symbol | Wells |
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 (0.02) | Dividend Share 1.35 | Earnings Share 4.8 | Revenue Per Share 21.366 | Quarterly Revenue Growth 0.021 |
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.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Wells Fargo on March 24, 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 Bank of America, JPMorgan Chase, Toronto Dominion, Nu Holdings, Citigroup, Royal Bank, and Canadian Imperial. 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.
| Downside Deviation | 0.9423 | |||
| Information Ratio | 0.2478 | |||
| Maximum Drawdown | 8.55 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 2.73 |
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.| Risk Adjusted Performance | 0.1974 | |||
| Jensen Alpha | 0.3476 | |||
| Total Risk Alpha | 0.2462 | |||
| Sortino Ratio | 0.3686 | |||
| Treynor Ratio | 0.4279 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Wells Fargo Backtested Returns
Wells Fargo appears to be very steady, given 3 months investment horizon. Wells Fargo shows Sharpe Ratio of 0.26, which attests that the company had a 0.26% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wells Fargo, which you can use to evaluate the volatility of the company. Please utilize Wells Fargo's Downside Deviation of 0.9423, market risk adjusted performance of 0.4379, and Mean Deviation of 0.9959 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 19. The firm maintains a market beta of 1.0, which attests to possible diversification benefits within a given portfolio. Wells Fargo returns are very sensitive to returns on the market. As the market goes up or down, Wells Fargo is expected to follow. Please check Wells Fargo's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Wells Fargo's historical returns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Wells Fargo has insignificant predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 0.12 indicates that less than 12.0% of current Wells Fargo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
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 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 price 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 |
Wells Fargo Investors Sentiment
The influence of Wells Fargo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wells. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wells Fargo's public news can be used to forecast risks associated with an investment in Wells. The trend in average sentiment can be used to explain how an investor holding Wells can time the market purely based on public headlines and social activities around Wells Fargo. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wells Fargo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wells Fargo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wells Fargo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wells Fargo.
Wells Fargo Implied Volatility | 33.1 |
Wells Fargo's implied volatility exposes the market's sentiment of Wells Fargo stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wells Fargo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wells Fargo stock will not fluctuate a lot when Wells Fargo's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wells Fargo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wells Fargo's short interest history, or implied volatility extrapolated from Wells Fargo options trading.
Also Currently Popular
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.