Wells Fargo Variance
| WFC-PY Preferred Stock | | | USD 24.01 0.20 0.84% |
Variance readings for Wells Fargo are presented with current values, historical context, and comparative peer data. Interpretation is strongest when the reading is compared to both historical and peer benchmarks. Use
Wells Fargo Volatility alongside
Wells Fargo Price History to build context for Wells Fargo.
Current Variance Value
Wells Fargo carries a Variance of 0.1523, consistent with low price variability. This places Wells Fargo at the lower end of the volatility range for Preferred Stock.
Variance | = | SUM(RET DEV)2N |
| = | 0.1523 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Among sector peers, Wells Fargo's Variance of 0.1523 is below the 3.55 group average. The range runs from 1.33 (Royal Bank of) to 5.21 (HSBC Holdings PLC). Wells Fargo has exhibited less price dispersion than the peer average over the measured period.
Variance Relative To Other Indicators
The chart below plots Variance against Maximum Drawdown for Wells Fargo and its peers. Each point represents one equity — position along the horizontal axis shows Variance while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Wells Fargo's Maximum Drawdown of
2.08 runs about
13.64 times its Variance of
0.15 . This indicates Maximum Drawdown substantially exceeds Variance for Wells Fargo.
Methodology, Assumptions & Data Sources
The current Variance for Wells Fargo is 0.1523. Wells Fargo's Variance is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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