Wells Fargo Competition

ESAAX Fund

USD 8.85 0.00 0.00%

Wells Fargo Adjustable competes with Massmutual Premier, Sentinel Small, Delaware Limited, and Small Cap; as well as few others. The fund is listed under Ultrashort Bond category and is part of Allspring Global Investments family. Analyzing Wells Fargo competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Wells Fargo to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Wells Fargo Correlation with its peers.

For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Wells Fargo competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
8.76	8.85	8.94

Details

Intrinsic

Valuation

Low	Real	High
8.75	8.84	8.93

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wells Fargo. Your research has to be compared to or analyzed against Wells Fargo's peers to derive any actionable benefits. When done correctly, Wells Fargo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wells Fargo Adjustable.

Wells Fargo Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Wells Fargo and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Wells and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Wells Fargo Adjustable does not affect the price movement of the other competitor.

	MDBLX	SIGWX	DTICX	ODIDX	USCAX
MDBLX		-0.22	0.87	-0.48	-0.18	MDBLX
SIGWX	-0.22		-0.2	0.84	0.98	SIGWX
DTICX	0.87	-0.2		-0.37	-0.16	DTICX
ODIDX	-0.48	0.84	-0.37		0.81	ODIDX
USCAX	-0.18	0.98	-0.16	0.81		USCAX
	MDBLX	SIGWX	DTICX	ODIDX	USCAX

Click cells to compare fundamentals

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High positive correlations

USCAX	+ 0.98	SIGWX
DTICX	+ 0.87	MDBLX
ODIDX	+ 0.84	SIGWX
USCAX	+ 0.81	ODIDX

High negative correlations

ODIDX	- 0.48	MDBLX
ODIDX	- 0.37	DTICX
SIGWX	- 0.22	MDBLX
DTICX	- 0.2	SIGWX
USCAX	- 0.18	MDBLX
USCAX	- 0.16	DTICX

Risk-Adjusted Indicators

There is a big difference between Wells Mutual Fund performing well and Wells Fargo Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Wells Fargo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MDBLX	0.21	(0.03)	0.00	(14.88)	0.00	0.00	0.37	(0.60)	1.35
SIGWX	0.74	0.07	0.00	0.31	0.99	(0.83)	1.53	(1.32)	7.02
DTICX	0.06	(0.01)	0.00	(0.52)	0.00	0.00	0.13	(0.13)	0.51
ODIDX	0.06	0.03	0.00	1.24	0.00	0.00	0.11	(0.11)	0.44
USCAX	0.87	0.14	0.07	0.65	0.73	(1.01)	2.07	(1.49)	7.45

Unable to evaluate fundamental data of [MDBLX, SIGWX, DTICX, ODIDX, USCAX] at this time. Please try again later

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Wells Fargo Competitive Analysis

The better you understand Wells Fargo competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Wells Fargo's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Wells Fargo's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ESAAX	MDBLX	SIGWX	DTICX	ODIDX	USCAX
	0.00 8.85 Wells	0.36 8.21 Massmutual	4.16 7.38 Sentinel	0.13 7.88 Delaware	0.11 9.32 Oaktree	0.47 15.04 Small
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Very Weak	OK	Very Weak	Excellent	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	About Average	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Sell	Hold	Cautious Hold	Buy	Strong Hold
Net Asset	291.66 M	207.76 M	903.39 M	403.27 M	N/A	970.95 M
Price To Book	N/A	N/A	2.06 X	N/A	N/A	1.87 X
Five Year Return	2.38 %	0.73 %	12.27 %	0.92 %	N/A	9.55 %
One Year Return	6.67 %	9.29 %	28.96 %	4.94 %	N/A	21.84 %
Last Dividend Paid	N/A	0.42	N/A	0.01	N/A	N/A
Price To Earning	N/A	N/A	20.71 X	N/A	N/A	20.73 X
Price To Sales	N/A	N/A	1.18 X	N/A	N/A	0.88 X
Cash Position Weight	0.87 %	7.82 %	1.62 %	1.25 %	N/A	1.59 %
Equity Positions Weight	N/A	N/A	98.38 %	N/A	N/A	98.41 %
Three Year Return	3.41 %	(2.15) %	6.72 %	0.92 %	N/A	2.58 %
Annual Yield	0.01 %	0.09 %	N/A	0 %	N/A	0 %
Year To Date Return	5.96 %	6.39 %	20.19 %	3.92 %	N/A	13.27 %
Bond Positions Weight	N/A	15.06 %	N/A	17.18 %	N/A	N/A
Ten Year Return	1.04 %	3.86 %	9.97 %	0.90 %	N/A	8.66 %
Daily Balance Of Power	0.0	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T
Day Typical Price	8.85	8.21	7.38	7.88	9.32	15.04
Period Momentum Indicator	N/A	(0.03)	(0.32)	(0.01)	0.01	0.07
Rate Of Daily Change	1.0	1.0	0.96	1.0	1.0	1.0
Day Median Price	8.85	8.21	7.38	7.88	9.32	15.04
Price Action Indicator	N/A	(0.01)	(0.16)	(0.01)	0.005	0.035
Coefficient Of Variation	493.81	(1,447)	1017.06	(5,526)	171.85	707.92
Mean Deviation	0.0382	0.2147	0.7411	0.0645	0.0646	0.8728
Total Risk Alpha	(0)	(0.07)	(0.06)	(0.03)	0.0238	(0.01)
Jensen Alpha	N/A	(0.03)	0.0671	(0.01)	0.0317	0.1387
Sortino Ratio	N/A	N/A	(0)	N/A	N/A	0.0657
Downside Variance	N/A	N/A	1.37	N/A	N/A	0.9139
Standard Deviation	0.0852	0.286	1.12	0.1033	0.0766	1.24
Kurtosis	20.68	0.7333	6.98	2.17	1.94	6.13
Potential Upside	0.1142	0.3654	1.53	0.1274	0.1104	2.07
Maximum Drawdown	0.5695	1.35	7.02	0.5067	0.438	7.45
Treynor Ratio	N/A	(14.88)	0.3073	(0.52)	1.24	0.6475
Variance	0.0073	0.0818	1.26	0.0107	0.0059	1.53
Market Risk Adjusted Performance	N/A	(14.87)	0.3173	(0.51)	1.25	0.6575
Risk Adjusted Performance	0.0719	(0.07)	0.075	(0.07)	0.3379	0.1067
Skewness	4.28	0.001	0.3459	(0.31)	0.6339	1.64
Semi Deviation	N/A	N/A	0.9944	N/A	N/A	0.7299
Information Ratio	(1.11)	(0.46)	(0)	(1.10)	(0.88)	0.0508
Value At Risk	N/A	(0.60)	(1.32)	(0.13)	(0.11)	(1.49)
Expected Short fall	N/A	N/A	(0.83)	N/A	N/A	(1.01)
Downside Deviation	N/A	N/A	1.17	N/A	N/A	0.956
Semi Variance	N/A	N/A	0.9888	N/A	N/A	0.5328

Wells Fargo Competition Performance Charts

Five steps to successful analysis of Wells Fargo Competition

Wells Fargo's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Wells Fargo Adjustable in relation to its competition. Wells Fargo's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Wells Fargo in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Wells Fargo's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Wells Fargo Adjustable, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Wells Fargo position

In addition to having Wells Fargo in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Communication Services

Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.

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Other Information on Investing in Wells Mutual Fund

Wells Fargo financial ratios help investors to determine whether Wells Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wells with respect to the benefits of owning Wells Fargo security.

	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Global Correlations Find global opportunities by holding instruments from different markets
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account

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