Wells Fargo Advantage Fund Technical Analysis
VMPAX Fund | USD 8.78 0.01 0.11% |
As of the 28th of March, Wells Fargo maintains the Mean Deviation of 0.065, market risk adjusted performance of 1.31, and Coefficient Of Variation of 1087.94. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wells Fargo Advantage, as well as the relationship between them. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze eighteen technical drivers for Wells Fargo Advantage, which can be compared to its rivals. Please check out Wells Fargo Advantage variance and potential upside to decide if Wells Fargo Advantage is priced fairly, providing market reflects its latest price of 8.78 per share.
Wells Fargo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wells, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WellsWells |
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.
Wells Fargo Advantage Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wells Fargo Advantage volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wells Fargo Advantage Trend Analysis
Use this graph to draw trend lines for Wells Fargo Advantage. You can use it to identify possible trend reversals for Wells Fargo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wells Fargo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wells Fargo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wells Fargo Advantage applied against its price change over selected period. The best fit line has a slop of 0 , which means Wells Fargo Advantage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.About Wells Fargo Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Wells Fargo Advantage on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Wells Fargo Advantage based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wells Fargo Advantage price pattern first instead of the macroeconomic environment surrounding Wells Fargo Advantage. By analyzing Wells Fargo's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wells Fargo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Wells Fargo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wells Fargo March 28, 2024 Technical Indicators
Most technical analysis of Wells help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wells from various momentum indicators to cycle indicators. When you analyze Wells charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0024 | |||
Market Risk Adjusted Performance | 1.31 | |||
Mean Deviation | 0.065 | |||
Downside Deviation | 0.1305 | |||
Coefficient Of Variation | 1087.94 | |||
Standard Deviation | 0.0946 | |||
Variance | 0.009 | |||
Information Ratio | (1.33) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.96) | |||
Treynor Ratio | 1.3 | |||
Maximum Drawdown | 0.4569 | |||
Value At Risk | (0.11) | |||
Potential Upside | 0.2283 | |||
Downside Variance | 0.017 | |||
Semi Variance | (0) | |||
Expected Short fall | (0.14) | |||
Skewness | 0.3608 | |||
Kurtosis | 0.4215 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wells Fargo Advantage. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.Note that the Wells Fargo Advantage information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Wells Mutual Fund analysis
When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
CEOs Directory Screen CEOs from public companies around the world | |
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 | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |