WFDRX Mutual Fund Buy Hold or Sell Recommendation

WFDRX -  USA Fund  

USD 56.20  0.26  0.46%

Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Wf Discovery is 'Strong Hold'. Macroaxis provides Wf Discovery buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WFDRX positions. The advice algorithm takes into account all of Wf Discovery's available fundamental, technical, and predictive indicators you will find on this site.

WFDRX Advice 

 
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The advice is provided from Wf Discovery's buy-and-hold perspective. Check out Wf Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as WFDRX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Wf Discovery.

Execute Wf Discovery Buy or Sell Advice

The WFDRX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wf Discovery. Macroaxis does not own or have any residual interests in Wf Discovery or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wf Discovery's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Wf DiscoveryBuy Wf Discovery
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Wf Discovery has a Risk Adjusted Performance of 0.0294, Jensen Alpha of 0.0099, Total Risk Alpha of (0.016426), Sortino Ratio of 0.0023 and Treynor Ratio of 0.0419
Our trade advice module provides unbiased advice that can be used to complement current average analyst sentiment on Wf Discovery. Our trade advice engine provides an advice for the entity potential to grow from the perspective of an investor's risk tolerance and investing horizon. Please utilize Wf Discovery price to earning and three year return to make buy, hold, or sell decision on Wf Discovery.

Wf Discovery Trading Alerts and Improvement Suggestions

Wf Discovery is unlikely to experience financial distress in the next 2 years
The fund keeps 96.31% of its net assets in stocks

Wf Discovery Returns Distribution Density

The distribution of Wf Discovery's historical returns is an attempt to chart the future uncertainty of Wf Discovery's future price movements. The chart of the probability distribution of Wf Discovery stock daily returns describes the distribution of returns around its average expected value. We use Wf Discovery price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wf Discovery returns is essential to provide solid investment advice for Wf Discovery stock.
Mean Return0.0424Value At Risk-1.85
Potential Upside1.71Standard Deviation1.18
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wf Discovery historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Wf Discovery Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Wf Discovery or Wells Fargo Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Wf Discovery stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a WFDRX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.009868
β
Beta against DOW0.77
σ
Overall volatility
1.18
Ir
Information ratio 0.0027

Wf Discovery Volatility Alert

Wf Discovery has relatively low volatility with skewness of -0.63 and kurtosis of 0.55. However, we advise all investors to independently investigate Wf Discovery to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wf Discovery's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wf Discovery's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Wf Discovery Fundamentals Vs Peers

Comparing Wf Discovery's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wf Discovery's direct or indirect competition across all of the common fundamentals between Wf Discovery and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wf Discovery or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Wf Discovery's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wf Discovery by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Wf Discovery to competition
FundamentalsWf DiscoveryPeer Average
Price to Earning27.50 X6.53 X
Price to Book4.20 X0.74 X
Price to Sales2.19 X0.61 X
One Year Return20.48 %4.15 %
Three Year Return17.16 %3.60 %
Five Year Return12.42 %3.24 %
Ten Year Return15.21 %1.79 %
Net Asset3.08 B4.11 B
Cash Position Weight2.29 %10.61 %
Equity Positions Weight96.31 %63.90 %

About Wf Discovery Buy or Sell Advice

When is the right time to buy or sell Wf Discovery? Buying financial instruments such as WFDRX Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Wf Discovery investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Wf Discovery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Recreation Thematic Idea Now

Recreation
Recreation Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Recreation theme has 18 constituents.
View All  Next Launch Recreation
Check out Wf Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Wf Discovery information on this page should be used as a complementary analysis to other Wf Discovery'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Please note, there is a significant difference between Wf Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine Wf Discovery value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wf Discovery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.