Wells Fargo Advantage Fund Price on December 3, 2024
WHYIX Fund | USD 9.62 0.04 0.41% |
If you're considering investing in Wells Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Wells Fargo stands at 9.62, as last reported on the 14th of December 2024, with the highest price reaching 9.62 and the lowest price hitting 9.62 during the day. Wells Fargo Advantage shows Sharpe Ratio of -0.0177, which attests that the fund had a -0.0177% return per unit of risk over the last 3 months. Wells Fargo Advantage exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wells Fargo's Mean Deviation of 0.1529, standard deviation of 0.2564, and Market Risk Adjusted Performance of 0.1687 to validate the risk estimate we provide.
Wells Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wells |
Sharpe Ratio = -0.0177
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Estimated Market Risk
0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 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 December 3, 2024
It is possible to determine the worth of Wells Fargo on a given historical date. On December 3, 2024 Wells was worth 9.72 at the beginning of the trading date compared to the closed value of 9.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wells Fargo mutual fund. 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 | |
9.71 | 9.71 | 9.71 | 9.71 | 1.00 | |
12/03/2024 | 9.72 | 9.72 | 9.72 | 9.72 | 1.00 |
9.72 | 9.72 | 9.72 | 9.72 | 1.00 |
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Wells Fargo Trading Date Momentum on December 3, 2024
On December 04 2024 Wells Fargo Advantage was traded for 9.72 at the closing time. The highest daily price throughout the period was 9.72 and the lowest price was 9.72 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 1.03% . |
Wells Fargo Advantage 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 Mutual Fund 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 Advantage 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 Mutual Fund Technical Analysis
Wells Fargo technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Wells Fargo Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Wells Fargo Advantage cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Wells Fargo December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Wells Fargo mutual fund 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 mutual fund market strength indicators, traders can identify Wells Fargo Advantage 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 Mutual Fund 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 | (0.03) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 0.1587 |
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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.
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