Wells Competitors
| WFC Stock | USD 88.95 2.96 3.22% |
Wells Fargo vs ING Group Correlation
Poor diversification
The correlation between Wells Fargo and ING is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wells Fargo and ING in the same portfolio, assuming nothing else is changed.
Moving together with Wells Stock
Moving against Wells Stock
At present, Wells Fargo's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.15, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Wells Fargo's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 2.2 T, whereas Non Current Assets Total are forecasted to decline to about 73.4 B.Wells Fargo Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Wells Fargo and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Wells and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Wells Fargo does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Wells Stock performing well and Wells Fargo Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Wells Fargo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 0.99 | (0.08) | (0.05) | 0.02 | 1.44 | 1.73 | 5.64 | |||
| JPM | 1.23 | (0.14) | (0.05) | 0.00 | 1.73 | 2.34 | 7.38 | |||
| TD | 0.79 | 0.25 | 0.23 | 0.57 | 0.57 | 1.85 | 5.15 | |||
| NU | 1.59 | 0.03 | 0.02 | 0.12 | 2.21 | 3.85 | 11.48 | |||
| C | 1.36 | 0.10 | 0.08 | 0.16 | 1.63 | 3.43 | 8.93 | |||
| RY | 0.75 | 0.22 | 0.21 | 0.51 | 0.49 | 1.68 | 4.03 | |||
| CM | 0.91 | 0.16 | 0.11 | 0.33 | 0.95 | 2.10 | 7.15 | |||
| BMO | 0.99 | 0.16 | 0.12 | 0.26 | 1.04 | 2.12 | 6.14 | |||
| BNS | 0.76 | 0.22 | 0.14 | 0.71 | 0.85 | 1.69 | 6.23 | |||
| BCS | 1.23 | 0.18 | 0.11 | 0.24 | 1.49 | 2.94 | 7.10 |
Cross Equities Net Income Analysis
Compare Wells Fargo and related stocks such as Bank of America, JPMorgan Chase, and Toronto Dominion Bank Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 1.1 B | 1.4 B | 2.8 B | 11.4 B | 4.8 B | 15.9 B | 17.9 B | 18.2 B | 28.1 B | 27.4 B | 17.9 B | 32 B | 27.5 B | 26.5 B | 27.1 B | 30.6 B | 32.2 B |
| JPM | 390.2 M | 18.2 B | 20.5 B | 17.9 B | 21.7 B | 24.4 B | 24.7 B | 24.4 B | 32.5 B | 36.4 B | 29.1 B | 48.3 B | 37.7 B | 49.6 B | 58.5 B | 57 B | 59.9 B |
| TD | 794 M | 6.4 B | 6.5 B | 7.8 B | 7.9 B | 8.8 B | 10.4 B | 11.3 B | 11.7 B | 11.9 B | 14.3 B | 17.4 B | 10.6 B | 8.8 B | 20.5 B | 23.6 B | 24.8 B |
| NU | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (28.6 M) | (92.5 M) | (171.5 M) | (165.3 M) | (364.6 M) | 1 B | 2 B | 2.3 B | 2.4 B |
| C | 45.9 M | 11.1 B | 7.4 B | 13.7 B | 7.3 B | 17.2 B | 14.9 B | (6.8 B) | 18 B | 19.4 B | 11 B | 22 B | 14.8 B | 9.2 B | 12.7 B | 14.3 B | 9.2 B |
| RY | 5.6 B | 5.6 B | 5.6 B | 5.6 B | 5.6 B | 299.4 M | 334.3 M | 376.7 M | 12.9 B | 11.4 B | 16 B | 15.8 B | 14.6 B | 16.2 B | 20.4 B | 376.7 M | 357.9 M |
| CM | 749 M | 3.3 B | 3.4 B | 3.2 B | 3.6 B | 4.3 B | 4.7 B | 5.3 B | 5.1 B | 3.8 B | 6.4 B | 6.2 B | 5 B | 7.1 B | 8.4 B | 9.7 B | 10.2 B |
| BMO | 825 M | 4.1 B | 4.1 B | 4.3 B | 2.2 B | 1.3 B | 2.5 B | 5.2 B | 5.8 B | 5.1 B | 7.8 B | 13.5 B | 4.4 B | 7.3 B | 8.7 B | 5.2 B | 3.9 B |
| BNS | 3 B | 3 B | 3 B | 3 B | 3 B | 6.1 B | 6 B | 6.1 B | 8.4 B | 6.8 B | 9.6 B | 9.9 B | 7.4 B | 7.8 B | 7.8 B | 6.1 B | 5.6 B |
| BCS | 692 M | 2.9 B | (624 M) | 540 M | 76 M | (49 M) | 2.1 B | (1.3 B) | 2.1 B | 3.3 B | 2.4 B | 7 B | 5.9 B | 5.3 B | 6.3 B | 7.2 B | 7.5 B |
| UBS | 3.9 B | 4.4 B | (2.5 B) | 3.8 B | 3.6 B | 6.3 B | 3.3 B | 969 M | 4.5 B | 4.3 B | 6.6 B | 7.5 B | 7.6 B | 27.4 B | 5.1 B | 8.1 B | 4.8 B |
| ING | 1.8 B | 4.8 B | 3.7 B | 3.5 B | 1.3 B | 4 B | 4.7 B | 4.9 B | 4.6 B | 4.8 B | 2.5 B | 4.8 B | 3.7 B | 7.3 B | 6.4 B | 6.3 B | 4.9 B |
Wells Fargo and related stocks such as Bank of America, JPMorgan Chase, and Toronto Dominion Bank Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Wells Fargo financial statement analysis. It represents the amount of money remaining after all of Wells Fargo operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Wells Fargo Competitive Analysis
The better you understand Wells Fargo competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Wells Fargo's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Wells Fargo's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Wells Fargo Competition Performance Charts
Five steps to successful analysis of Wells Fargo Competition
Wells Fargo's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Wells Fargo in relation to its competition. Wells Fargo's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Wells Fargo in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Wells Fargo's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Wells Fargo, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Wells Fargo Correlation with its peers. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Will Diversified Banks sector continue expanding? Could Wells diversify its offerings? Factors like these will boost the valuation of Wells Fargo. Anticipated expansion of Wells directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Wells Fargo data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.13 | Dividend Share 1.7 | Earnings Share 6.26 | Revenue Per Share | Quarterly Revenue Growth 0.05 |
Investors evaluate Wells Fargo using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Wells Fargo's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Wells Fargo's market price to deviate significantly 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. Conversely, Wells Fargo's market price signifies the transaction level at which participants voluntarily complete trades.