Wells Mutual Fund Quote

VMPRX Fund  USD 8.76  0.01  0.11%   
Market Performance
42 of 100
Odds Of Distress
Less than 1
Wells Fargo is trading at 8.76 as of the 7th of February 2023; that is -0.11 percent decrease since the beginning of the trading day. The fund's open price was 8.77. Wells Fargo has a very small chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Equity ratings for Wells Fargo Strategic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 7th of February 2023. Click here to learn more.
ISIN
US94988V3327
The investment seeks current income exempt from regular federal income tax. Wells Fargo is traded on NASDAQ Exchange in the United States. More on Wells Fargo Strategic

Wells Fargo Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wells Fargo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wells Fargo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Wells Fargo's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate1st of October 2010
Wells Fargo Strategic [VMPRX] is traded in USA and was established 7th of February 2023. The fund is listed under Muni National Short category and is part of Allspring Global Investments family. Wells Fargo Strategic at this time has accumulated 2.2 B in net assets with no minimum investment requirements, while the total return for the last 3 years was 2.66%.
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Instrument Allocation

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Wells Fargo Target Price Odds Analysis

Based on a normal probability distribution, the odds of Wells Fargo jumping above the current price in 90 days from now is about 7.29%. The Wells Fargo Strategic probability density function shows the probability of Wells Fargo mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Wells Fargo Strategic has a beta of -0.0039. This entails as returns on benchmark increase, returns on holding Wells Fargo are expected to decrease at a much lower rate. During the bear market, however, Wells Fargo Strategic is likely to outperform the market. Additionally, the company has an alpha of 0.0577, implying that it can generate a 0.0577 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.76HorizonTargetOdds Above 8.76
92.42%90 days
 8.76 
7.29%
Based on a normal probability distribution, the odds of Wells Fargo to move above the current price in 90 days from now is about 7.29 (This Wells Fargo Strategic probability density function shows the probability of Wells Mutual Fund to fall within a particular range of prices over 90 days) .

Wells Fargo Strategic Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wells Fargo market risk premium is the additional return an investor will receive from holding Wells Fargo long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wells Fargo. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Wells Fargo's alpha and beta are two of the key measurements used to evaluate Wells Fargo's performance over the market, the standard measures of volatility play an important role as well.

Wells Fargo Against Markets

Picking the right benchmark for Wells Fargo mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wells Fargo mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wells Fargo is critical whether you are bullish or bearish towards Wells Fargo Strategic at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wells Fargo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Wells Fargo Strategic?

The danger of trading Wells Fargo Strategic is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wells Fargo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wells Fargo. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wells Fargo Strategic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Wells Fargo Strategic 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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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.