Wins Finance is dangerous given 3 months investment horizon. Wins Finance Holdings
shows Sharpe Ratio of 0.0632 which attests that the company had 0.0632% of return per unit of risk over the last 3 months. Our philosophy towards determining risk of a stock is to use both market data as well as company specific technical data. We found twenty-eight different technical indicators
which can help you to evaluate if expected returns of 1.0407% are justified by taking the suggested risk. Use Wins Finance Holdings Downside Deviation
of 5.78, Mean Deviation
of 4.6 and Market Risk Adjusted Performance
of 0.6265 to evaluate company specific risk that cannot be diversified away. Wins Finance holds performance score of 4 on a scale of zero to a hundred. The firm maintains market beta of 1.1788 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Wins Finance will likely underperform. Although it is vital to follow to Wins Finance Holdings
historical price patterns
, it is good to be conservative about what you can actually do with the information regarding equity current price history. Macroaxis philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if Wins Finance Holdings expected return of 1.0407 will be sustainable into the future, we have found twenty-eight different technical indicators
which can help you to check if the expected returns are sustainable. Use Wins Finance Holdings Potential Upside
as well as the relationship
between Accumulation Distribution
and Price Action Indicator
to analyze future returns on Wins Finance Holdings.
Virtually no predictability
Wins Finance Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Wins Finance time series from June 22, 2019 to August 6, 2019 and August 6, 2019 to September 20, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wins Finance Holdings price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Wins Finance price fluctuation can be explain by its past prices.