Wells Fargo Preferred Stock Price on August 4, 2023

WFC-PC Preferred Stock  USD 19.22  0.02  0.10%   
If you're considering investing in Wells Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wells Fargo stands at 19.22, as last reported on the 1st of December, with the highest price reaching 19.43 and the lowest price hitting 19.20 during the day. Wells Fargo shows Sharpe Ratio of -0.0396, which attests that the company had a -0.0396% return per unit of risk over the last 3 months. Wells Fargo exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wells Fargo's Market Risk Adjusted Performance of (0.21), mean deviation of 0.5929, and Standard Deviation of 0.786 to validate the risk estimate we provide.
  
Wells Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0396

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Estimated Market Risk

 0.79
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wells Fargo is not performing at its full potential. However, 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 Wells Fargo to a well-diversified portfolio.

Wells Fargo Valuation on August 4, 2023

It is possible to determine the worth of Wells Fargo on a given historical date. On August 4, 2023 Wells was worth 16.03 at the beginning of the trading date compared to the closed value of 16.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wells Fargo preferred 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
  16.08    16.18    15.96    16.02    71,639  
08/04/2023
  16.03    16.27    16.00    16.21    38,543  
  16.25    16.29    16.18    16.26    35,561  
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Open Value
16.03
16.21
Closing Value
18.41
Upside

Wells Fargo Trading Date Momentum on August 4, 2023

On August 07 2023 Wells Fargo was traded for  16.26  at the closing time. The maximum traded price for the trading interval was 16.29  and the lowest daily price was  16.18 . The daily volume was recorded at 35.6 K. The volume of trading on 7th of August 2023 played a part in the next trading day price growth. The trading price change to the next closing price was 0.31% . The trading price change to the closing price today is 0.56% .

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 Preferred 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 banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. Wells Fargo operates under BanksDiversified classification in the United States and is traded on NYQ Exchange. It employs 239209 people.

Wells Fargo Preferred Stock Technical Analysis

Wells Fargo technical preferred 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, preferred 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...

Price Boundaries

Wells Fargo Period Price Range

Low
December 1, 2024
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High

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Wells Fargo cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Wells Fargo December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Wells Fargo preferred 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 preferred 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 Preferred 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.

Complementary Tools for Wells Preferred 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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