Wells Mutual Fund Market Value

WFHRX -  USA Fund  

USD 6.06  0.02  0.33%

Wells Fargo's market value is the price at which a share of Wells Fargo stock trades on a public exchange. It measures the collective expectations of Wells Fargo Target investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Wells Fargo Target and determine expected loss or profit from investing in Wells Fargo over a given investment horizon. Check out Wells Fargo Hype Analysis, Wells Fargo Correlation, Portfolio Optimization, Wells Fargo Volatility, as well as analyze Wells Fargo Alpha and Beta and Wells Fargo Performance.
Symbol
Backtest

Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine Wells Fargo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Wells Fargo 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wells Fargo's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wells Fargo.
0.00
11/02/2019
No Change 0.00  0.0 
In 1 year 11 months and 21 days
10/22/2021
0.00
If you would invest  0.00  in Wells Fargo on November 2, 2019 and sell it all today you would earn a total of 0.00 from holding Wells Fargo Target or generate 0.0% return on investment in Wells Fargo over 720 days. Wells Fargo is related to or competes with American Fds, American Fds, American Fds, and American Funds. The investment seeks total return over time, consistent with its strategic target asset allocation

Wells Fargo Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wells Fargo's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wells Fargo Target upside and downside potential and time the market with a certain degree of confidence.

Wells Fargo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wells Fargo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wells Fargo's standard deviation. In reality, there are many statistical measures that can use Wells Fargo historical prices to predict the future Wells Fargo's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Wells Fargo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Wells Fargo in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.726.066.40
Details
Intrinsic
Valuation
LowReal ValueHigh
5.716.056.39
Details
Naive
Forecast
LowNext ValueHigh
5.806.146.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.905.996.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wells Fargo. Your research has to be compared to or analyzed against Wells Fargo's peers to derive any actionable benefits. When done correctly, Wells Fargo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Wells Fargo Target.

Wells Fargo Target Backtested Returns

We consider Wells Fargo very steady. Wells Fargo Target shows Sharpe Ratio of 0.0323, which attests that the fund had 0.0323% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Wells Fargo Target, which you can use to evaluate the future volatility of the fund. Please check out Wells Fargo Target Mean Deviation of 0.2622, market risk adjusted performance of 0.2545, and Downside Deviation of 0.4269 to validate if the risk estimate we provide is consistent with the expected return of 0.0111%.
The entity maintains a market beta of 0.0438, which attests to not very significant fluctuations relative to the market. Let's try to break down what Wells's beta means in this case. As returns on the market increase, Wells Fargo returns are expected to increase less than the market. However, during the bear market, the loss on holding Wells Fargo will be expected to be smaller as well. Although it is extremely important to respect Wells Fargo Target 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 Target technical indicators, you can presently evaluate if the expected return of 0.0111% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.36   

Below average predictability

Wells Fargo Target has below average predictability. Overlapping area represents the amount of predictability between Wells Fargo time series from 2nd of November 2019 to 27th of October 2020 and 27th of October 2020 to 22nd of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wells Fargo Target price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Wells Fargo price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.19
Residual Average0.0
Price Variance0.02

Wells Fargo Target lagged returns against current returns

Autocorrelation, which is Wells Fargo mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wells Fargo's mutual fund expected returns. We can calculate the autocorrelation of Wells Fargo returns to help us make a trade decision. For example, suppose you find that Wells Fargo mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Wells Fargo regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wells Fargo mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wells Fargo mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wells Fargo mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Wells Fargo Lagged Returns

When evaluating Wells Fargo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wells Fargo mutual fund have on its future price. Wells Fargo autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wells Fargo autocorrelation shows the relationship between Wells Fargo mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wells Fargo Target.
 Regressed Prices 
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      Timeline 

Wells Fargo Investors Sentiment

The influence of Wells Fargo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wells. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - WFHRX

Wells Fargo Target Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Wells Fargo Target. What is your outlook on investing in Wells Fargo Target? Are you bullish or bearish?
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Check out Wells Fargo Hype Analysis, Wells Fargo Correlation, Portfolio Optimization, Wells Fargo Volatility, as well as analyze Wells Fargo Alpha and Beta and Wells Fargo Performance. Note that the Wells Fargo Target information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Wells Mutual Fund analysis

When running Wells Fargo Target 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 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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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...