Wells Fargo (Germany) Price on January 19, 2024
| NWT Stock | EUR 70.90 1.70 2.34% |
If you're considering investing in Wells Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wells Fargo stands at 70.90, as last reported on the 4th of December, with the highest price reaching 71.98 and the lowest price hitting 70.90 during the day. Wells Fargo appears to be very steady, given 3 months investment horizon. Wells Fargo shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. By examining Wells Fargo's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Wells Fargo's Downside Deviation of 1.67, mean deviation of 1.53, and Market Risk Adjusted Performance of 0.8475 to validate if our risk estimates are consistent with your expectations.
Wells Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wells |
Sharpe Ratio = 0.2037
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Wells Fargo is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wells Fargo by adding it to a well-diversified portfolio.
Wells Fargo Valuation on January 19, 2024
It is possible to determine the worth of Wells Fargo on a given historical date. On January 19, 2024 Wells was worth 41.2 at the beginning of the trading date compared to the closed value of 41.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wells Fargo stock. Still, in general, we apply an absolute valuation method to find Wells Fargo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wells Fargo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wells Fargo's related companies.
| Open | High | Low | Close | Volume | |
| 41.36 | 41.36 | 41.36 | 41.36 | 1.00 | |
01/19/2024 | 41.20 | 41.66 | 41.20 | 41.66 | 67.00 |
| 42.72 | 43.14 | 42.72 | 43.14 | 12.00 |
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Wells Fargo Trading Date Momentum on January 19, 2024
| On January 22 2024 Wells Fargo was traded for 43.14 at the closing time. The highest daily price throughout the period was 43.14 and the lowest price was 42.72 . The daily volume was 12.0. The net trading volume on 01/22/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.55% . The trading price change to current closing price is 7.87% . |
Wells Fargo Fundamentals Correlations and Trends
By evaluating Wells Fargo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wells Fargo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wells financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wells Fargo Stock history
Wells Fargo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wells is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wells Fargo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wells Fargo stock prices may prove useful in developing a viable investing in Wells Fargo
Wells Fargo Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. WELLS FARGO operates under Banks - Global classification in Germany and is traded on Frankfurt Stock Exchange. It employs 262800 people.
Wells Fargo Stock Technical Analysis
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.
Price Boundaries
Wells Fargo Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
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Wells Fargo December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Wells Fargo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wells Fargo shares will generate the highest return on investment. By undertsting and applying Wells Fargo stock market strength indicators, traders can identify Wells Fargo entry and exit signals to maximize returns
Wells Fargo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wells Fargo's price direction in advance. Along with the technical and fundamental analysis of Wells Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wells to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.153 | |||
| Jensen Alpha | 0.4098 | |||
| Total Risk Alpha | 0.1296 | |||
| Sortino Ratio | 0.2179 | |||
| Treynor Ratio | 0.8375 |
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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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