WELLS FARGO BK Chance of Future Bond Price Finishing Under 100.61
| 94980VAG3 | 105.05 0.43 0.41% |
WELLS |
WELLS Target Price Odds to finish below 100.61
The tendency of WELLS Bond price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 100.61 or more in 90 days |
| 105.05 | 90 days | 100.61 | nearly 4.74 |
Based on a normal probability distribution, the odds of WELLS to drop to 100.61 or more in 90 days from now is nearly 4.74 (This WELLS FARGO BK probability density function shows the probability of WELLS Bond to fall within a particular range of prices over 90 days) . Probability of WELLS FARGO BK price to stay between 100.61 and its current price of 105.05 at the end of the 90-day period is about 39.57 .
Assuming the 90 days trading horizon WELLS FARGO BK has a beta of -0.16. This usually implies as returns on the benchmark increase, returns on holding WELLS are expected to decrease at a much lower rate. During a bear market, however, WELLS FARGO BK is likely to outperform the market. Additionally WELLS FARGO BK has an alpha of 0.0515, implying that it can generate a 0.0515 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WELLS Price Density |
| Price |
Predictive Modules for WELLS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WELLS FARGO BK. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.WELLS Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WELLS is not an exception. The market had few large corrections towards the WELLS's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold WELLS FARGO BK, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WELLS within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 2.92 | |
Ir | Information ratio | -0.11 |
WELLS Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of WELLS for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WELLS FARGO BK can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WELLS FARGO BK generated a negative expected return over the last 90 days |
WELLS Technical Analysis
WELLS's future price can be derived by breaking down and analyzing its technical indicators over time. WELLS Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WELLS FARGO BK. In general, you should focus on analyzing WELLS Bond price patterns and their correlations with different microeconomic environments and drivers.
WELLS Predictive Forecast Models
WELLS's time-series forecasting models is one of many WELLS's bond analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary WELLS's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the bond market movement and maximize returns from investment trading.
Things to note about WELLS FARGO BK
Checking the ongoing alerts about WELLS for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WELLS FARGO BK help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WELLS FARGO BK generated a negative expected return over the last 90 days |
Other Information on Investing in WELLS Bond
WELLS financial ratios help investors to determine whether WELLS Bond 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 security.