Wimi Hologram Cloud Stock Price on October 7, 2024

WIMI Stock  USD 1.00  0.07  6.54%   
Below is the normalized historical share price chart for WiMi Hologram Cloud extending back to April 01, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of WiMi Hologram stands at 1.00, as last reported on the 21st of December, with the highest price reaching 1.50 and the lowest price hitting 0.98 during the day.
IPO Date
1st of April 2020
200 Day MA
0.8681
50 Day MA
0.8585
Beta
1.272
 
Covid
If you're considering investing in WiMi Stock, it is important to understand the factors that can impact its price. WiMi Hologram appears to be very risky, given 3 months investment horizon. WiMi Hologram Cloud shows Sharpe Ratio of 0.0855, which attests that the company had a 0.0855% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for WiMi Hologram Cloud, which you can use to evaluate the volatility of the company. Please utilize WiMi Hologram's Risk Adjusted Performance of 0.0753, downside deviation of 5.57, and Mean Deviation of 3.86 to validate if our risk estimates are consistent with your expectations.
  
As of now, WiMi Hologram's Total Stockholder Equity is increasing as compared to previous years. The WiMi Hologram's current Liabilities And Stockholders Equity is estimated to increase to about 1 B, while Common Stock Total Equity is projected to decrease to under 81.4 K. . As of now, WiMi Hologram's Price To Operating Cash Flows Ratio is decreasing as compared to previous years. The WiMi Hologram's current Price Cash Flow Ratio is estimated to increase to 8.34, while Price To Sales Ratio is projected to decrease to 0.81. WiMi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0855

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Estimated Market Risk

 5.7
  actual daily
50
50% of assets are less volatile

Expected Return

 0.49
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average WiMi Hologram is performing at about 6% of its full potential. 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 WiMi Hologram by adding it to a well-diversified portfolio.
Price Book
1.0116
Enterprise Value Ebitda
0.0198
Price Sales
0.1703
Shares Float
134.6 M
Wall Street Target Price
7

WiMi Hologram Valuation on October 7, 2024

It is possible to determine the worth of WiMi Hologram on a given historical date. On October 7, 2024 WiMi was worth 1.13 at the beginning of the trading date compared to the closed value of 1.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WiMi Hologram stock. Still, in general, we apply an absolute valuation method to find WiMi Hologram's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of WiMi Hologram where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WiMi Hologram's related companies.
 Open High Low Close Volume
  0.97    1.10    0.95    1.10    1,530,293  
10/07/2024
  1.13    1.20    1.11    1.16    1,610,535  
  1.05    1.05    0.96    0.99    769,923  
Backtest WiMi Hologram  |  WiMi Hologram History  |  WiMi Hologram Valuation   PreviousNext  
Open Value
1.13
1.16
Closing Value
18.23
Upside

WiMi Hologram Trading Date Momentum on October 7, 2024

On October 08 2024 WiMi Hologram Cloud was traded for  0.99  at the closing time. The top price for the day was 1.05  and the lowest listed price was  0.96 . The trading volume for the day was 769.9 K. The trading history from October 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 14.66% . The trading price change against the current closing price is 21.55% .

WiMi Hologram Cloud Fundamentals Correlations and Trends

By evaluating WiMi Hologram's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WiMi Hologram's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WiMi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WiMi Hologram Stock history

WiMi Hologram investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for WiMi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WiMi Hologram Cloud will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing WiMi Hologram stock prices may prove useful in developing a viable investing in WiMi Hologram
Last ReportedProjected for Next Year
Common Stock Shares Outstanding87.2 M78.4 M
Net Loss-212.4 M-201.8 M

WiMi Hologram Quarterly Net Working Capital

624.24 Million

WiMi Hologram Stock Technical Analysis

WiMi Hologram technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of WiMi Hologram technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WiMi Hologram trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

WiMi Hologram Period Price Range

Low
December 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WiMi Hologram Cloud cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

WiMi Hologram December 21, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WiMi Hologram's price direction in advance. Along with the technical and fundamental analysis of WiMi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WiMi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for WiMi Stock analysis

When running WiMi Hologram's price analysis, check to measure WiMi Hologram's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WiMi Hologram is operating at the current time. Most of WiMi Hologram's value examination focuses on studying past and present price action to predict the probability of WiMi Hologram's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WiMi Hologram's price. Additionally, you may evaluate how the addition of WiMi Hologram to your portfolios can decrease your overall portfolio volatility.
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