Japanese Yen Plummets Amid Cautious Economic Outlook and U.S. Treasury Sell-off
WFATX Fund | USD 43.94 0.06 0.14% |
Slightly above 61% of Wells Fargo's investor base is looking to short. The analysis of overall sentiment of trading Wells Fargo Index mutual fund suggests that many investors are alarmed at this time. Wells Fargo's investing sentiment can be driven by a variety of factors including economic data, Wells Fargo's earnings reports, geopolitical events, and overall market trends.
Wells |
The Japanese Yen experienced a substantial drop after Japans new Prime Minister, Shigeru Ishiba, announced that the economy is not ready for further interest r
Read at gurufocus.com
Wells Fargo Fundamental Analysis
We analyze Wells Fargo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wells Fargo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wells Fargo based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Ten Year Return
Ten Year Return Comparative Analysis
Wells Fargo is currently under evaluation in ten year return among similar funds. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Wells Fargo Index Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wells Fargo mutual fund to make a market-neutral strategy. Peer analysis of Wells Fargo could also be used in its relative valuation, which is a method of valuing Wells Fargo by comparing valuation metrics with similar companies.
Peers
Wells Fargo Related Equities
DRGTX | Allianzgi Technology | 0.58 | ||||
CMTFX | Columbia Global | 0.43 | ||||
TOWTX | Towpath Technology | 0.28 | ||||
MTCCX | Mfs Technology | 1.06 | ||||
JAGTX | Janus Global | 1.07 | ||||
GISTX | Goldman Sachs | 1.20 | ||||
RCGTX | Allianzgi Technology | 1.46 |
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.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |