Wimi Hologram Cloud Stock Price on December 24, 2024
| WIMI Stock | USD 1.61 0.07 4.17% |
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 1.61, as last reported on the 4th of January, with the highest price reaching 1.87 and the lowest price hitting 1.53 during the day.
If you're considering investing in WiMi Stock, it is important to understand the factors that can impact its price. WiMi Hologram is abnormally volatile given 3 months investment horizon. WiMi Hologram Cloud shows Sharpe Ratio of 0.0901, which attests that the company had a 0.0901% return per unit of standard deviation over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use WiMi Hologram Cloud Downside Deviation of 7.03, risk adjusted performance of 0.1064, and Mean Deviation of 5.73 to evaluate company specific risk that cannot be diversified away.
WiMi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WiMi |
Sharpe Ratio = 0.0901
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Estimated Market Risk
| 11.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average WiMi Hologram is performing at about 7% 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.
WiMi Hologram Main Headline on 24th of December 2024
Whats Going On With WiMi Hologram Cloud Stock On Tuesday by benzinga.com
WiMi Hologram Cloud Inc. shares rose 3.33 percent after unveiling its Machine Learning-based Quantum Error Suppression Technology .
WiMi Hologram Valuation on December 24, 2024
It is possible to determine the worth of WiMi Hologram on a given historical date. On December 24, 2024 WiMi was worth 1.25 at the beginning of the trading date compared to the closed value of 1.12. 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 | |
| 1.24 | 1.39 | 1.13 | 1.20 | 9,825,545 | |
12/24/2024 | 1.25 | 1.27 | 1.09 | 1.12 | 2,890,100 |
| 1.08 | 1.42 | 1.06 | 1.29 | 24,653,118 |
| Backtest WiMi Hologram | | | WiMi Hologram History | | | WiMi Hologram Valuation | Previous | Next |
WiMi Hologram Trading Date Momentum on December 24, 2024
| On December 26 2024 WiMi Hologram Cloud was traded for 1.29 at the closing time. The top price for the day was 1.42 and the lowest listed price was 1.06 . The trading volume for the day was 24.7 M. The trading history from December 26, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 15.18% . The trading price change against the current closing price is 57.14% . |
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
WiMi Hologram Cloud Inc. provides augmented reality based holographic services and products in China. WiMi Hologram Cloud Inc. was founded in 2015 and is headquartered in Beijing, the Peoples Republic of China. Wimi Hologram operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 210 people.
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.
Price Boundaries
WiMi Hologram Period Price Range
Low | January 4, 2025
| 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 January 4, 2025 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.
| Risk Adjusted Performance | 0.1064 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | 1.2 | |||
| Sortino Ratio | 0.1939 | |||
| Treynor Ratio | (0.69) |
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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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