WF Strategic Technical Analysis

VMPYX -- USA Fund  

USD 9.16  0.02  0.22%

As of 16 of September WF Strategic owns Market Risk Adjusted Performance of (0.36) and Variance of 0.0053. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check timely technical drivers of WF Strategic Municipal as well as the relationship between them. Strictly speaking you can use this information to find out if the fund will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found eighteen technical drivers for WF Strategic which can be compared to its peers in the sector. Please check out WF Strategic Municipal Downside Deviation and the relationship between Variance and Potential UpsideDownside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if WF Strategic Municipal Bond Fun is priced more or less accurately providing market reflects its prevailing price of 9.16 per share.
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WF Strategic Municipal Technical Analysis

Time Period
  Portfolio Optimization    
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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 WF Strategic Municipal 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.

WF Strategic Municipal Trend Analysis

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

WF Strategic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WF Strategic Municipal Bond Fun applied against its price change over selected period. The best fit line has a slop of 0.002296 % which means WF Strategic Municipal Bond Fun will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted WF Strategic price change compared to its average price change.

WF Strategic September 16, 2019 Technical Indicators

WF Strategic Municipal One Year Return

Based on recorded statements WF Strategic Municipal Bond Fun has One Year Return of 6.13%. This is 36.83% higher than that of the Wells Fargo Funds family, and significantly higher than that of Muni National Short category, The One Year Return for all funds is notably lower than the firm.
  Year Return 
      WF Strategic 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.

WF Strategic September 16, 2019 Daily Price Condition

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