The output start index for this execution was sixty with a total number of output elements of one. The Normalized Average True Range is used to analyze tradable apportunities for WF Strategic Municipal across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.
WF Strategic Municipal Trend Analysis
Use this graph to draw trend lines for WF Strategic Municipal Bond Fun. You can use it to identify possible trend reversals for WF Strategic 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 WF Strategic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
WF Strategic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WF Strategic Municipal Bond Fun applied against its price change over selected period. The best fit line has a slop of 0.00037864 which means WF Strategic Municipal Bond Fun will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted WF Strategic price change compared to its average price change.
WF Strategic October 15, 2019 Technical Indicators
Based on recorded statements WF Strategic Municipal Bond Fun has One Year Return of 0.37%. This is 91.74% lower than that of the Wells Fargo Funds family, and significantly higher than that of Muni National Short category, The One Year Return for all funds is notably lower than the firm.
WF Strategic Comparables
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
WF Strategic October 15, 2019 Daily Price Condition