Wells Fargo Correlations
EIVFX Fund | USD 14.63 0.03 0.20% |
The current 90-days correlation between Wells Fargo Intrinsic and Aqr Large Cap is -0.17 (i.e., Good diversification). The correlation of Wells Fargo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Wells |
Moving together with Wells Mutual Fund
0.79 | VMPRX | Wells Fargo Strategic | PairCorr |
0.87 | EMGDX | Wells Fargo Emerging | PairCorr |
0.77 | WRPIX | Wells Fargo Alternative | PairCorr |
0.76 | WRPRX | Wells Fargo Alternative | PairCorr |
0.85 | SSTYX | Wells Fargo Short | PairCorr |
0.96 | WSCJX | Wells Fargo Small | PairCorr |
0.92 | WSCRX | Wells Fargo Advantage | PairCorr |
0.74 | WARRX | Wells Fargo Advantage | PairCorr |
0.82 | STFFX | Wells Fargo Large | PairCorr |
0.8 | STYJX | Wells Fargo Core | PairCorr |
0.69 | SCSRX | Wells Fargo Mon | PairCorr |
0.94 | SCVJX | Wells Fargo Small | PairCorr |
0.76 | WTRIX | Wells Fargo Advantage | PairCorr |
0.88 | IPBJX | Wells Fargo Real | PairCorr |
0.93 | WDSAX | Allspring Disciplined | PairCorr |
0.89 | EQIRX | Wells Fargo Emerging | PairCorr |
0.82 | WENRX | Wells Fargo Enterprise | PairCorr |
0.9 | WFATX | Wells Fargo Index | PairCorr |
0.89 | WFDRX | Wells Fargo Discovery | PairCorr |
0.98 | WFPRX | Wells Fargo Special | PairCorr |
0.74 | WFRTX | Wells Fargo Intermediate | PairCorr |
0.83 | SGRHX | Wells Fargo Growth | PairCorr |
0.91 | ESPRX | Wells Fargo Advantage | PairCorr |
0.78 | MSDRX | Wells Fargo Short | PairCorr |
0.75 | WICRX | Allspring Special | PairCorr |
0.9 | EVSRX | Wells Fargo Disciplined | PairCorr |
0.92 | EGORX | Wells Fargo Large | PairCorr |
1.0 | CBEJX | Wells Fargo Cb | PairCorr |
0.8 | EKJFX | Wells Fargo Premier | PairCorr |
0.88 | EKSRX | Wells Fargo Diversified | PairCorr |
0.91 | VVIAX | Vanguard Value Index | PairCorr |
0.89 | DOXGX | Dodge Cox Stock | PairCorr |
0.9 | AFMFX | American Mutual | PairCorr |
0.9 | FFMMX | American Funds American | PairCorr |
0.9 | FFFMX | American Funds American | PairCorr |
0.9 | AMRMX | American Mutual | PairCorr |
Related Correlations Analysis
0.99 | 0.96 | 0.9 | 0.96 | 0.98 | AMONX | ||
0.99 | 0.97 | 0.9 | 0.96 | 0.98 | FLRAX | ||
0.96 | 0.97 | 0.89 | 0.98 | 0.95 | DLQIX | ||
0.9 | 0.9 | 0.89 | 0.95 | 0.92 | CMIFX | ||
0.96 | 0.96 | 0.98 | 0.95 | 0.96 | LMUSX | ||
0.98 | 0.98 | 0.95 | 0.92 | 0.96 | LTFOX | ||
Risk-Adjusted Indicators
There is a big difference between Wells Mutual Fund performing well and Wells Fargo Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Wells Fargo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
AMONX | 0.52 | 0.13 | (0.01) | (0.49) | 0.36 | 1.16 | 2.54 | |||
FLRAX | 0.50 | 0.17 | 0.07 | (0.69) | 0.26 | 1.38 | 3.27 | |||
DLQIX | 0.50 | 0.04 | 0.04 | 0.16 | 0.35 | 1.11 | 2.85 | |||
CMIFX | 0.08 | 0.02 | (0.77) | 1.09 | 0.00 | 0.20 | 0.51 | |||
LMUSX | 0.48 | 0.06 | 0.07 | 0.19 | 0.25 | 1.15 | 2.59 | |||
LTFOX | 0.39 | 0.10 | (0.05) | (0.52) | 0.33 | 0.93 | 2.16 |