Wells Fargo Preferred Stock Price on August 15, 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 Standard Deviation of 0.786, market risk adjusted performance of (0.21), and Mean Deviation of 0.5929 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.
Wells |
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 15, 2023
It is possible to determine the worth of Wells Fargo on a given historical date. On August 15, 2023 Wells was worth 16.24 at the beginning of the trading date compared to the closed value of 16.11. 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 | |
16.12 | 16.38 | 16.06 | 16.33 | 66,222 | |
08/15/2023 | 16.24 | 16.24 | 16.11 | 16.11 | 46,733 |
16.10 | 16.18 | 16.00 | 16.13 | 65,450 |
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Wells Fargo Trading Date Momentum on August 15, 2023
On August 16 2023 Wells Fargo was traded for 16.13 at the closing time. The maximum traded price for the trading interval was 16.18 and the lowest daily price was 16.00 . The daily volume was recorded at 65.5 K. The volume of trading on 16th of August 2023 played a part in the next trading day price growth. The trading price change to the next closing price was 0.12% . The trading price change to the closing price today is 1.43% . |
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.
Price Boundaries
Wells Fargo Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.22) |
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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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