| DHICX Fund | | | USD 8.75 0.01 0.11% |
Below is the normalized historical share price chart for Wells Fargo Advantage extending back to May 13, 1998. 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
8.75, as last reported on the 29th of April, with the highest price reaching
8.75 and the lowest price hitting
8.75 during the day.
Dot-com Bubble | Housing Crash | Credit Downgrade | Yuan Drop | Covid |
If you're considering investing in Wells Mutual Fund, it is important to understand the factors that can impact its price.
Wells Fargo Advantage shows Sharpe Ratio of -0.0179, which attests that the fund had a -0.0179% return per unit of risk over the last 3 months. Wells Fargo Advantage exposes twenty-seven different
technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wells Fargo's Downside Deviation of 0.1607,
mean deviation of 0.0606, and Market Risk Adjusted Performance of
(0.16) to validate the risk estimate we provide.
Wells Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.0179
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Based on monthly moving average Wells Fargo is not performing at its full potential. However, 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 Wells Fargo to a
well-diversified portfolio.
Wells Fargo Valuation on January 24, 2024
It is possible to determine the worth of Wells Fargo on a given historical date. On January 24, 2024 Wells was worth 8.77 at the beginning of the trading date compared to the closed value of 8.73. We use multiple weighted factors in our valuation methodologies to arrive at
the intrinsic value of Wells Fargo mutual fund. Still, in general, we apply an absolute valuation method to find Wells Fargo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wells Fargo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wells Fargo's related companies.
| Open | High | Low | Close | Volume |
| 8.78 | 8.78 | 8.74 | 8.74 | 1.00 |
01/24/2024 | 8.77 | 8.77 | 8.73 | 8.73 | 1.00 |
| 8.78 | 8.78 | 8.74 | 8.74 | 1.00 |
Wells Fargo Trading Date Momentum on January 24, 2024
| On January 25 2024 Wells Fargo Advantage was traded for 8.74 at the closing time. The highest daily price throughout the period was 8.78 and the lowest price was 8.74 . There was no trading activity during the period 1.0. Lack of trading volume on 01/25/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.80% . |
Wells Fargo Advantage Fundamentals Correlations and Trends
By evaluating Wells Fargo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wells Fargo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wells financial account trend analysis is a perfect complement when working with valuation or volatility modules.
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 Advantage 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 the funds net assets in municipal securities whose interest is exempt from regular federal income tax, but not necessarily the federal alternative minimum tax . It invests up to 35 percent of the funds total assets in below investment-grade municipal securities. The fund invests principally in municipal securities of states, territories and possessions of the United States whose interest is exempt from regular federal income tax, but not necessarily federal AMT.
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.
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Wells Fargo April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wells Fargo mutual fund reacts to ongoing and evolving market conditions. The investors can use it to
make informed decisions about market timing, and determine when trading Wells Fargo shares will generate the highest return on investment. By undertsting and applying Wells Fargo mutual fund market strength indicators, traders can identify Wells Fargo Advantage entry and exit signals to maximize returns
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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Wells Fargo Advantage. 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 main economic indicators.
For more information on how to buy Wells Mutual Fund please use our
How to Invest in Wells Fargo guide.
Note that the Wells Fargo Advantage 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 the
Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.