Fire Wand Ego Stats

Do the stats affect magic in any way, with the exception of Social and Chaincast? It boosts the physical weapon stats... which seems to be completely useless...

Weapon and str-based attack rate effects damage of all magic skills besides Hailstorm, though I do think Wand Egoes effect things other than jsut Chaincast for the basic three. I do not remember how or where that was found.

Str affects Magic damage of the same element to a certain degree (or healing if a healing wand is ego'd). There isn't a known formula.

All other stats function normally for balance, injury (lol...), and critical.

So for basic wands, I can expect some unspecified magic damage increase, but no casting speed or mp reduction, right?

Healing wand has some Mp reduction to some degree.