Wells Operating Income from 2010 to 2026
| WFC Stock | CAD 15.50 0.65 4.02% |
Operating Income | First Reported 1997-04-30 | Previous Quarter 22.9 M | Current Value 21.7 M | Quarterly Volatility 14 M |
Check Wells Fargo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wells Fargo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.5 M, Interest Expense of 36.4 M or Selling General Administrative of 4.8 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.11 or PTB Ratio of 2.82. Wells financial statements analysis is a perfect complement when working with Wells Fargo Valuation or Volatility modules.
Wells | Operating Income |
Latest Wells Fargo's Operating Income Growth Pattern
Below is the plot of the Operating Income of Wall Financial over the last few years. Operating Income is the amount of profit realized from Wall Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wall Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Wells Fargo's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wells Fargo's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Wells Operating Income Regression Statistics
| Arithmetic Mean | 50,659,053 | |
| Geometric Mean | 37,847,859 | |
| Coefficient Of Variation | 83.63 | |
| Mean Deviation | 29,290,094 | |
| Median | 41,762,945 | |
| Standard Deviation | 42,366,554 | |
| Sample Variance | 1794.9T | |
| Range | 172.8M | |
| R-Value | 0.25 | |
| Mean Square Error | 1794.6T | |
| R-Squared | 0.06 | |
| Significance | 0.33 | |
| Slope | 2,100,150 | |
| Total Sum of Squares | 28718.8T |
Wells Operating Income History
About Wells Fargo Financial Statements
Wells Fargo investors utilize fundamental indicators, such as Operating Income, to predict how Wells Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 75.5 M | 41.8 M |
Pair Trading with Wells Fargo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wells Fargo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wells Fargo will appreciate offsetting losses from the drop in the long position's value.Moving together with Wells Stock
Moving against Wells Stock
The ability to find closely correlated positions to Wells Fargo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wells Fargo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wells Fargo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wall Financial to buy it.
The correlation of Wells Fargo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wells Fargo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wall Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wells Fargo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Wells Stock
Wells Fargo financial ratios help investors to determine whether Wells Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wells with respect to the benefits of owning Wells Fargo security.