Wells Fargo Total Risk Alpha
| WIPIX Fund | | | USD 11.12 -0.07 -0.63% |
The Total Risk Alpha signal for Wells Fargo Advantage reflects patterns observed in trading data. Indicator reliability depends on the continuity of available trading data.
Your Current Watchlist frames the approach to diversified portfolio design. The portfolio structure determines how individual positions contribute to the whole. Wells Fargo Advantage can be added to a watchlist or portfolio for position tracking. This view summarizes available data without implying outcomes. Broader economic conditions can influence Wells Fargo Advantage's mutual fund valuation — related indicators include
signals in gross domestic product.
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Wells Fargo Advantage has current Total Risk Alpha of
-0.004. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | -0.004 | |
| ER[a] | = | Expected return on investing in Wells Fargo |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Wells Fargo |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Wells Fargo Advantage is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Wells Fargo to Peers
Other Technical Indicators