Wells Fargo Advantage Fund Price on September 30, 2024
| EAIFX Fund | USD 16.37 0.09 0.55% |
Below is the normalized historical share price chart for Wells Fargo Advantage extending back to October 03, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wells Fargo stands at 16.37, as last reported on the 30th of November, with the highest price reaching 16.37 and the lowest price hitting 16.37 during the day.
If you're considering investing in Wells Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Wells Mutual Fund to be very steady. Wells Fargo Advantage shows Sharpe Ratio of 0.14, which attests that the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wells Fargo Advantage, which you can use to evaluate the volatility of the fund. Please check out Wells Fargo's Downside Deviation of 0.5877, mean deviation of 0.4104, and Market Risk Adjusted Performance of 0.0855 to validate if the risk estimate we provide is consistent with the expected return of 0.0686%.
Wells Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wells |
Sharpe Ratio = 0.1373
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Wells Fargo is performing at about 10% 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 September 30, 2024
It is possible to determine the worth of Wells Fargo on a given historical date. On September 30, 2024 Wells was worth 16.18 at the beginning of the trading date compared to the closed value of 16.18. 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 | |
| 16.19 | 16.19 | 16.19 | 16.19 | 1.00 | |
09/30/2024 | 16.18 | 16.18 | 16.18 | 16.18 | 1.00 |
| 16.11 | 16.11 | 16.11 | 16.11 | 1.00 |
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Wells Fargo Trading Date Momentum on September 30, 2024
| On October 01 2024 Wells Fargo Advantage was traded for 16.11 at the closing time. The highest daily price throughout the period was 16.11 and the lowest price was 16.11 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.43% . The trading price change to current closing price is 0.68% . |
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
The fund is a fund-of-funds that invests in various affiliated mutual funds and exchange-traded funds employing a multi-asset, multi-style investment approach designed to reduce the price and return volatility of the fund and to provide more consistent returns. It may invest in Allspring Master Portfolios, in other Allspring Funds, or directly in securities. The fund invests at least 55 percent and up to 75 percent of its assets in stock funds and at least 25 percent and up to 45 percent of its assets in bond funds.
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 | November 30, 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 November 30, 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 | 0.071 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.0755 |
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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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