Wells Fargo Funds Fund Price on November 6, 2024
| WMPXX Fund | 1.00 0.00 0.00% |
If you're considering investing in Wells Money Market Fund, it is important to understand the factors that can impact its price. As of today, the current price of Wells Fargo stands at 1.00, as last reported on the 23rd of December, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day. At this stage we consider Wells Money Market Fund to be not too volatile. Wells Fargo Funds shows Sharpe Ratio of 0.12, which attests that the fund had a 0.12% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Wells Fargo Funds, which you can use to evaluate the volatility of the fund. Please check out Wells Fargo's Market Risk Adjusted Performance of 0.7367, mean deviation of 0.0301, and Standard Deviation of 0.1243 to validate if the risk estimate we provide is consistent with the expected return of 0.0155%.
Wells Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wells |
Sharpe Ratio = 0.124
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WMPXX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Wells Fargo is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.
Wells Fargo Valuation on November 6, 2024
It is possible to determine the worth of Wells Fargo on a given historical date. On November 6, 2024 Wells was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wells Fargo money market 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 | |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
11/06/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Backtest Wells Fargo | | | Wells Fargo History | Previous | Next |
Wells Fargo Trading Date Momentum on November 6, 2024
| On November 07 2024 Wells Fargo Funds was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 11/07/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
About Wells Fargo Money Market 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 Funds 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 Money Market Fund Technical Analysis
Wells Fargo technical money market 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 23, 2024
| High |
0.00 | 0.00 |
Wells Fargo Funds 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 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Wells Fargo money market 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 money market fund market strength indicators, traders can identify Wells Fargo Funds 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 Money Market 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 | 0.0438 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | 0.0018 | |||
| Treynor Ratio | 0.7267 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Wells Money Market Fund
Wells Fargo financial ratios help investors to determine whether Wells Money Market 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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| CEOs Directory Screen CEOs from public companies around the world |