Wells Fargo Financials
| WABIX Fund | USD 10.93 0.02 0.18% |
Wells |
Please note that past performance is not an indicator of the future performance of Wells Fargo, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Wells Fargo Fund Summary
Wells Fargo competes with Capital Income, and Capital Income. The fund is a fund-of-funds that employs a multi-asset, multi-style investment approach by investing in various affiliated mutual funds as well as affiliated and unaffiliated exchange-traded funds.Specialization | World Allocation, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US94987W7377 |
| Business Address | Allspring Funds Trust |
| Mutual Fund Family | Allspring Global Investments |
| Mutual Fund Category | World Allocation |
| Benchmark | NYSE Composite |
| Phone | 800 222 8222 |
| Currency | USD - US Dollar |
You should never invest in Wells Fargo Advantage without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Wells Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Wells Fargo's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Wells Fargo Key Financial Ratios
Generally speaking, Wells Fargo's financial ratios allow both analysts and investors to convert raw data from Wells Fargo's financial statements into concise, actionable information that can be used to evaluate the performance of Wells Fargo over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Wells Fargo Advantage reports annually and quarterly.Wells Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wells Fargo's current stock value. Our valuation model uses many indicators to compare Wells Fargo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wells Fargo competition to find correlations between indicators driving Wells Fargo's intrinsic value. More Info.Wells Fargo Advantage is rated third in price to earning among similar funds. It is rated third in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Wells Fargo Advantage is roughly 9.98 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Wells Fargo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wells Fargo's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wells Fargo's earnings, one of the primary drivers of an investment's value.Wells Fargo Advantage Systematic Risk
Wells Fargo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wells Fargo volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Wells Fargo Advantage correlated with the market. If Beta is less than 0 Wells Fargo generally moves in the opposite direction as compared to the market. If Wells Fargo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wells Fargo Advantage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wells Fargo is generally in the same direction as the market. If Beta > 1 Wells Fargo moves generally in the same direction as, but more than the movement of the benchmark.
Wells Fargo April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wells Fargo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wells Fargo Advantage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wells Fargo Advantage based on widely used predictive technical indicators. In general, we focus on analyzing Wells Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wells Fargo's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4317 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 1.66 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.5545 |
Check out Your Current Watchlist 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 gross domestic product. For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.