MTH Discussion 7. Stock Price for Wells Fargo & Company (WFC)

MTH DISCUSSION 7
Name:
FIN 350
Instructor:
Date:
Because the standard deviation is a measure of variation, based on the standard deviation explain why or why not you would invest in this particular stock.
In the past month the stock price for Wells Fargo & Company (WFC) has fluctuated between $ 44.75 and $ 49.26 (Yahoo Finance, 2019). In the case of the 10 selected days it is between $45.47 and $49.26. While the mean price is $48.088 and the range is 3.79. Based on fluctuation in the 10 share price using $ 5,000 the least one can buy is 102 shares and the maximum is 110 shares.
Date

Price

X-M

(X-M)^2

28-Aug-19

45.47

-2.618

6.853924

4-Sep-19

46.5

-1.588

2.521744

6-Sep-19

47.15

-0.938

0.879844

9-Sep-19

48.41

0.322

0.103684

11-Sep-19

48.85

0.762

0.580644

13-Sep-19

48.92

0.832

0.692224

17-Sep-19

48.76

0.672

0.451584

18-Sep-19

48.93

0.842

0.708964

20-Sep-19

48.63

0.542
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