WINGS Performance
| WINGS Crypto | USD 0.000009 0.000001 10.00% |
The entity maintains a market beta of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WINGS are expected to decrease at a much lower rate. During the bear market, WINGS is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days WINGS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, WINGS is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | SEC Commissioner Hester Peirce Says Trump Adminstration Should Do Three Things To Boost Crypto Industry - The Daily Hodl | 12/11/2024 |
WINGS |
WINGS Relative Risk vs. Return Landscape
If you would invest 0.00 in WINGS on November 28, 2024 and sell it today you would lose 0.00 from holding WINGS or give up 10.0% of portfolio value over 90 days. WINGS is generating negative expected returns and assumes 4.2791% volatility on return distribution over the 90 days horizon. Simply put, 38% of crypto coins are less volatile than WINGS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WINGS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WINGS's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as WINGS, and traders can use it to determine the average amount a WINGS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.018
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WINGS |
Estimated Market Risk
| 4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WINGS 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 WINGS by adding WINGS to a well-diversified portfolio.
About WINGS Performance
By analyzing WINGS's fundamental ratios, stakeholders can gain valuable insights into WINGS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WINGS has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WINGS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WINGS is peer-to-peer digital currency powered by the Blockchain technology.| WINGS generated a negative expected return over the last 90 days | |
| WINGS has some characteristics of a very speculative cryptocurrency | |
| WINGS has high historical volatility and very poor performance |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WINGS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.