Wells Fargo Discovery Fund Price on November 16, 2021
WFDSX Fund | USD 31.16 0.16 0.52% |
Below is the normalized historical share price chart for Wells Fargo Discovery extending back to September 01, 2006. 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 31.16, as last reported on the 28th of March, with the highest price reaching 31.16 and the lowest price hitting 31.16 during the day.
If you're considering investing in Wells Mutual Fund, it is important to understand the factors that can impact its price. We consider Wells Fargo somewhat reliable. Wells Fargo Discovery shows Sharpe Ratio of 0.16, which attests that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wells Fargo Discovery, which you can use to evaluate the volatility of the fund. Please check out Wells Fargo's Mean Deviation of 0.7962, market risk adjusted performance of (3.99), and Downside Deviation of 1.1 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
Wells Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wells |
Sharpe Ratio = 0.1595
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Estimated Market Risk
1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Wells Fargo is performing at about 12% 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 November 16, 2021
It is possible to determine the worth of Wells Fargo on a given historical date. On November 16, 2021 Wells was worth 26.66 at the beginning of the trading date compared to the closed value of 26.35. 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 | |
03/14/2022 | 26.66 | 26.66 | 26.35 | 26.35 | 1.00 |
27.44 | 27.44 | 27.12 | 27.12 | 1.00 |
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Wells Fargo Trading Date Momentum on November 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Wells Fargo Discovery 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 Discovery 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 normally invests at least 80 percent of its net assets in equity securities of small- and medium-capitalization companies and up to 25 percent of the funds total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that the managers believe have effective management with a history of making investments that are in the best interests of shareholders.
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 | March 14, 2022 | High |
26.66 | 26.35 |
-0.31 | -1.16% |
Wells Fargo March 28, 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 Discovery 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 | 0.1 | |||
Jensen Alpha | 0.1722 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.039 | |||
Treynor Ratio | (4.00) |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo Discovery. 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 state. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.
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