The entity maintains market beta of -0.0028 which attests that as returns on market increase, returns on owning Wells Fargo are expected to decrease at a much smaller rate. During bear market, Wells Fargo is likely to outperform the market. Although it is extremely important to respect Wells Fargo Short historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining Wells Fargo Short technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Wells Fargo Short Relative Risk vs. Return LandscapeIf you would invest 862.00 in Wells Fargo Short Term Bond Inst on January 19, 2019 and sell it today you would earn a total of 0.00 from holding Wells Fargo Short Term Bond Inst or generate 0.0% return on investment over 30 days. Wells Fargo Short Term Bond Inst is currently producing negative expected returns and takes up 0.0% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Wells Fargo Current Valuation
Wells Fargo is Unknown risk asset. Wells Fargo Short prevalent Real Value cannot be determined due to lack of data. The last-minute price of Wells Fargo Short is $8.62. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Wells Fargo Short from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.
Wells Fargo Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Wells Fargo Short Term Bond Inst has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||8.61|
|Fifty Two Week High||8.72|
|Annual Report Expense Ratio||0.46%|