WiMi Hologram Stock Forecast - Daily Balance Of Power

WIMI Stock  USD 1.06  0.06  6.00%   
WiMi Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of WiMi Hologram's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current Inventory Turnover is estimated to decrease to 125.12. The current Payables Turnover is estimated to decrease to 10.37. The current Common Stock Shares Outstanding is estimated to decrease to about 78.4 M. The WiMi Hologram's current Net Loss is estimated to increase to about (201.8 M).
On October 1, 2024 WiMi Hologram Cloud had Daily Balance Of Power of (0.91). Balance of Power indicator (or BOP) measures the strength of WiMi Hologram Cloud market sensitivity to bulls and bears. It estimates the ability of WiMi Hologram buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring WiMi Hologram Balance of Power indicator one can determine a trend of the price direction.
Check WiMi Hologram VolatilityBacktest WiMi HologramTrend Details  

WiMi Hologram Trading Date Momentum

On October 02 2024 WiMi Hologram Cloud was traded for  0.98  at the closing time. The top price for the day was 0.99  and the lowest listed price was  0.91 . The trading volume for the day was 636.1 K. The trading history from October 2, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 7.69% . The trading price change against the current closing price is 24.18% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for WiMi Hologram

For every potential investor in WiMi, whether a beginner or expert, WiMi Hologram's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WiMi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WiMi. Basic forecasting techniques help filter out the noise by identifying WiMi Hologram's price trends.

WiMi Hologram Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WiMi Hologram stock to make a market-neutral strategy. Peer analysis of WiMi Hologram could also be used in its relative valuation, which is a method of valuing WiMi Hologram by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

WiMi Hologram Cloud Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of WiMi Hologram's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of WiMi Hologram's current price.

WiMi Hologram Market Strength Events

Market strength indicators help investors to evaluate how WiMi Hologram stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WiMi Hologram shares will generate the highest return on investment. By undertsting and applying WiMi Hologram stock market strength indicators, traders can identify WiMi Hologram Cloud entry and exit signals to maximize returns.

WiMi Hologram Risk Indicators

The analysis of WiMi Hologram's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in WiMi Hologram's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wimi stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out Historical Fundamental Analysis of WiMi Hologram to cross-verify your projections.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WiMi Hologram. If investors know WiMi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WiMi Hologram listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
(0.65)
Revenue Per Share
6.558
Quarterly Revenue Growth
0.098
Return On Assets
(0.09)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.