Wells Fargo Technical Analysis

WF
WIPIX -- USA Fund  

USD 13.56  0.04  0.30%

As of the 5th of July, Wells Fargo maintains the coefficient of variation of 315.97, market risk adjusted performance of 40.49, and mean deviation of 0.201. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wells Fargo Core, as well as the relationship between them. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and collect eighteen technical drivers for Wells Fargo Core, which can be compared to its rivals. Please check out Wells Fargo Core variance and potential upside to decide if Wells Fargo Core is priced fairly, providing market reflects its latest price of 13.56 per share.

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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, stock market cycles, or different charting patterns.
A focus of Wells Fargo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wells Fargo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Wells Fargo Core Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wells Fargo Core volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Wells Fargo Core Trend Analysis

Use this graph to draw trend lines for Wells Fargo Core. You can use it to identify possible trend reversals for Wells Fargo 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 Wells Fargo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Wells Fargo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wells Fargo Core applied against its price change over selected period. The best fit line has a slop of   0.011566  , which means Wells Fargo Core will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.06, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.

About Wells Fargo Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Wells Fargo Core on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Wells Fargo Core based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wells Fargo Core stock first instead of the macroeconomic environment surrounding Wells Fargo Core . By analyzing Wells Fargo's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wells Fargo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Wells Fargo specific price patterns or momentum indicators. Please read more on our technical analysis page.

Wells Fargo July 5, 2020 Technical Indicators

Most technical analysis of Wells stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wells from various momentum indicators to cycle indicators. When you analyze Wells charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.5286
Market Risk Adjusted Performance40.49
Mean Deviation0.201
Downside Deviation0.2232
Coefficient Of Variation315.97
Standard Deviation0.3002
Variance0.0901
Information Ratio(0.42)
Jensen Alpha0.0846
Total Risk Alpha0.0506
Sortino Ratio(0.56)
Treynor Ratio40.48
Maximum Drawdown2.03
Value At Risk(0.31)
Potential Upside0.538
Downside Variance0.0498
Semi Variance(0.08)
Expected Short fall(0.29)
Skewness2.26
Kurtosis10.23

Wells Fargo Core One Year Return

Based on recorded statements Wells Fargo Core has One Year Return of 8.88%. This is 98.21% higher than that of the Wells Fargo Funds family, and significantly higher than that of Intermediate Core-Plus Bond category, The One Year Return for all funds is notably lower than the firm.
  Year Return 
      Wells Fargo 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.
Check out Your Current Watchlist. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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