Wells Fargo (Germany) Market Value

WFC Stock  EUR 81.20  0.05  0.06%   
Wells Fargo's market value is the price at which a share of Wells Fargo trades on a public exchange. It measures the collective expectations of West Fraser Timber investors about its performance. Wells Fargo is trading at 81.20 as of the 23rd of December 2024. This is a 0.06 percent decrease since the beginning of the trading day. The stock's lowest day price was 81.2.
With this module, you can estimate the performance of a buy and hold strategy of West Fraser Timber and determine expected loss or profit from investing in Wells Fargo over a given investment horizon. Check out Wells Fargo Correlation, Wells Fargo Volatility and Wells Fargo Alpha and Beta module to complement your research on Wells Fargo.
For more detail on how to invest in Wells Stock please use our How to Invest in Wells Fargo guide.
Symbol

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.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/23/2024
0.00
If you would invest  0.00  in Wells Fargo on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding West Fraser Timber or generate 0.0% return on investment in Wells Fargo over 720 days. Wells Fargo is related to or competes with Svenska Cellulosa, SVENSKA CELLULO, Svenska Cellulosa, UFP Industries, Rayonier, and Boise Cascade. Ltd. produces and sells lumber, panels, and pulp and paper in western Canada and the southern United States 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 West Fraser Timber upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
79.5781.2082.83
Details
Intrinsic
Valuation
LowRealHigh
62.5264.1589.32
Details

West Fraser Timber Backtested Returns

West Fraser Timber shows Sharpe Ratio of -0.0226, which attests that the company had a -0.0226% return per unit of risk over the last 3 months. West Fraser Timber exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wells Fargo's Mean Deviation of 1.17, market risk adjusted performance of (0.09), and Standard Deviation of 1.62 to validate the risk estimate we provide. The firm maintains a market beta of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wells Fargo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wells Fargo is expected to be smaller as well. At this point, West Fraser Timber has a negative expected return of -0.0369%. Please make sure to check out Wells Fargo's kurtosis, rate of daily change, and the relationship between the skewness and daily balance of power , to decide if West Fraser Timber performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.4  

Poor reverse predictability

West Fraser Timber has poor reverse predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 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 West Fraser Timber price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.07
Residual Average0.0
Price Variance44.34

West Fraser Timber 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 West Fraser Timber.
   Regressed Prices   
       Timeline  

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Additional Information and Resources on Investing in Wells Stock

When determining whether West Fraser Timber is a strong investment it is important to analyze Wells Fargo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wells Fargo's future performance. For an informed investment choice regarding Wells Stock, refer to the following important reports:
Check out Wells Fargo Correlation, Wells Fargo Volatility and Wells Fargo Alpha and Beta module to complement your research on Wells Fargo.
For more detail on how to invest in Wells Stock please use our How to Invest in Wells Fargo guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
A focus of Wells Fargo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wells Fargo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...