Wells Fargo Discovery Fund Price History

WFDRX Fund  USD 30.36  0.55  1.78%   
Below is the normalized historical share price chart for Wells Fargo Discovery extending back to July 01, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wells Fargo stands at 30.36, as last reported on the 16th of April 2024, with the highest price reaching 30.36 and the lowest price hitting 30.36 during the day.
 
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If you're considering investing in Wells Mutual Fund, it is important to understand the factors that can impact its price. We consider Wells Fargo very steady. Wells Fargo Discovery shows Sharpe Ratio of 0.13, which attests that the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wells Fargo Discovery, which you can use to evaluate the volatility of the fund. Please check out Wells Fargo's Market Risk Adjusted Performance of 0.088, downside deviation of 1.05, and Mean Deviation of 0.7953 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
Wells Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1272

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Wells Fargo is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wells Fargo by adding it to a well-diversified portfolio.

Wells Fargo Mutual Fund Price History Chart

There are several ways to analyze Wells Fargo Discovery Fund price data. The simplest method is using a basic Wells candlestick price chart, which shows Wells Fargo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 9, 202431.77
Lowest PriceJanuary 19, 202428.61

Wells Fargo April 16, 2024 Mutual Fund Price Synopsis

Various analyses of Wells Fargo's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Wells Mutual Fund. It can be used to describe the percentage change in the price of Wells Fargo from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Wells Mutual Fund.
Wells Fargo Price Rate Of Daily Change 0.98 
Wells Fargo Price Action Indicator(0.28)

Wells Fargo April 16, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Wells Fargo Discovery Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Wells Fargo intraday prices and daily technical indicators to check the level of noise trading in Wells Fargo Discovery Fund and then apply it to test your longer-term investment strategies against Wells.

Wells Mutual Fund Price History Data

The price series of Wells Fargo for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 has a statistical range of 3.67 with a coefficient of variation of 3.67. The daily prices for the period are distributed with arithmetic mean of 30.22. The median price for the last 90 days is 30.47. The company paid out dividends to its shareholders on December 10, 2019.
OpenHighLowCloseVolume
04/16/2024
 30.36  30.36  30.36  30.36 
04/15/2024 30.36  30.36  30.36  30.36  1.00 
04/12/2024 30.91  30.91  30.91  30.91  1.00 
04/11/2024 31.50  31.50  31.50  31.50  1.00 
04/10/2024 31.36  31.36  31.36  31.36  1.00 
04/09/2024 31.77  31.77  31.77  31.77  1.00 
04/08/2024 31.62  31.62  31.62  31.62  1.00 
04/05/2024 31.46  31.46  31.46  31.46  1.00 
04/04/2024 30.95  30.95  30.95  30.95  1.00 
04/03/2024 31.22  31.22  31.22  31.22  1.00 
04/02/2024 31.17  31.17  31.17  31.17  1.00 
04/01/2024 31.58  31.58  31.58  31.58  1.00 
03/28/2024 31.76  31.76  31.76  31.76  1.00 
03/27/2024 31.69  31.69  31.69  31.69  1.00 
03/26/2024 31.53  31.53  31.53  31.53  1.00 
03/25/2024 31.41  31.41  31.41  31.41  1.00 
03/22/2024 31.49  31.49  31.49  31.49  1.00 
03/21/2024 31.65  31.65  31.65  31.65  1.00 
03/20/2024 31.33  31.33  31.33  31.33  1.00 
03/19/2024 30.93  30.93  30.93  30.93  1.00 
03/18/2024 30.71  30.71  30.71  30.71  1.00 
03/15/2024 30.69  30.69  30.69  30.69  1.00 
03/14/2024 30.77  30.77  30.77  30.77  1.00 
03/13/2024 31.06  31.06  31.06  31.06  1.00 
03/12/2024 31.08  31.08  31.08  31.08  1.00 
03/11/2024 30.79  30.79  30.79  30.79  1.00 
03/08/2024 31.05  31.05  31.05  31.05  1.00 
03/07/2024 31.30  31.30  31.30  31.30  1.00 
03/06/2024 30.90  30.90  30.90  30.90  1.00 
03/05/2024 30.64  30.64  30.64  30.64  1.00 
03/04/2024 31.18  31.18  31.18  31.18  1.00 
03/01/2024 31.04  31.04  31.04  31.04  1.00 
02/29/2024 30.80  30.80  30.80  30.80  1.00 
02/28/2024 30.56  30.56  30.56  30.56  1.00 
02/27/2024 30.47  30.47  30.47  30.47  1.00 
02/26/2024 30.29  30.29  30.29  30.29  1.00 
02/23/2024 30.20  30.20  30.20  30.20  1.00 
02/22/2024 30.14  30.14  30.14  30.14  1.00 
02/21/2024 29.60  29.60  29.60  29.60  1.00 
02/20/2024 29.93  29.93  29.93  29.93  1.00 
02/16/2024 30.25  30.25  30.25  30.25  1.00 
02/15/2024 30.38  30.38  30.38  30.38  1.00 
02/14/2024 30.10  30.10  30.10  30.10  1.00 
02/13/2024 29.37  29.37  29.37  29.37  1.00 
02/12/2024 30.03  30.03  30.03  30.03  1.00 
02/09/2024 30.11  30.11  30.11  30.11  1.00 
02/08/2024 29.81  29.81  29.81  29.81  1.00 
02/07/2024 29.46  29.46  29.46  29.46  1.00 
02/06/2024 29.27  29.27  29.27  29.27  1.00 
02/05/2024 29.03  29.03  29.03  29.03  1.00 
02/02/2024 29.30  29.30  29.30  29.30  1.00 
02/01/2024 29.09  29.09  29.09  29.09  1.00 
01/31/2024 28.61  28.61  28.61  28.61  1.00 
01/30/2024 29.06  29.06  29.06  29.06  1.00 
01/29/2024 29.22  29.22  29.22  29.22  1.00 
01/26/2024 28.80  28.80  28.80  28.80  1.00 
01/25/2024 28.79  28.79  28.79  28.79  1.00 
01/24/2024 28.76  28.76  28.76  28.76  1.00 
01/23/2024 29.06  29.06  29.06  29.06  1.00 
01/22/2024 29.07  29.07  29.07  29.07  1.00 
01/19/2024 28.61  28.61  28.61  28.61  1.00 

About Wells Fargo Mutual Fund history

Wells Fargo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wells is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wells Fargo Discovery will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wells Fargo stock prices may prove useful in developing a viable investing in Wells Fargo
The fund normally invests at least 80 percent of its net assets in equity securities of small- and medium-capitalization companies and up to 25 percent of the funds total assets in equity securities of foreign issuers through ADRs and similar investments. The managers seek to identify companies that have the prospect for strong sales and earnings growth rates, that enjoy a competitive advantage and that the managers believe have effective management with a history of making investments that are in the best interests of shareholders.

Wells Fargo Mutual Fund Technical Analysis

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, fund 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...

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Wells Fargo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wells Fargo's price direction in advance. Along with the technical and fundamental analysis of Wells Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wells to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo Discovery. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 if Wells Fargo is a good investment 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.