Microcloud Hologram Stock Market Value
| HOLO Stock | USD 0.97 0.06 5.83% |
| Symbol | MicroCloud |
MicroCloud Hologram Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 MicroCloud Hologram. If investors know MicroCloud 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 MicroCloud 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 0.299 | Earnings Share (23.79) | Revenue Per Share | Quarterly Revenue Growth 0.282 | Return On Assets |
The market value of MicroCloud Hologram is measured differently than its book value, which is the value of MicroCloud that is recorded on the company's balance sheet. Investors also form their own opinion of MicroCloud Hologram's value that differs from its market value or its book value, called intrinsic value, which is MicroCloud 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 MicroCloud Hologram's market value can be influenced by many factors that don't directly affect MicroCloud 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 MicroCloud Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroCloud Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroCloud 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.
MicroCloud Hologram 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MicroCloud Hologram's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MicroCloud Hologram.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in MicroCloud Hologram on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding MicroCloud Hologram or generate 0.0% return on investment in MicroCloud Hologram over 30 days. MicroCloud Hologram is related to or competes with Plexus Corp, OSI Systems, CTS, Benchmark Electronics, LSI Industries, Interlink Electronics, and Methode Electronics. MicroCloud Hologram Inc. engages in the research and development, and application of holographic technology worldwide More
MicroCloud Hologram Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MicroCloud Hologram's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MicroCloud Hologram upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.87 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 196.88 | |||
| Value At Risk | (21.72) | |||
| Potential Upside | 17.65 |
MicroCloud Hologram Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroCloud Hologram's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MicroCloud Hologram's standard deviation. In reality, there are many statistical measures that can use MicroCloud Hologram historical prices to predict the future MicroCloud Hologram's volatility.| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.4462 | |||
| Total Risk Alpha | 1.39 | |||
| Sortino Ratio | 0.0667 | |||
| Treynor Ratio | (0.08) |
MicroCloud Hologram Backtested Returns
MicroCloud Hologram appears to be out of control, given 3 months investment horizon. MicroCloud Hologram has Sharpe Ratio of 0.0318, which conveys that the firm had a 0.0318 % return per unit of risk over the last 3 months. By analyzing MicroCloud Hologram's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise MicroCloud Hologram's Downside Deviation of 9.87, mean deviation of 10.85, and Risk Adjusted Performance of 0.0293 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MicroCloud Hologram holds a performance score of 2. The company secures a Beta (Market Risk) of -8.25, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning MicroCloud Hologram are expected to decrease by larger amounts. On the other hand, during market turmoil, MicroCloud Hologram is expected to outperform it. Please check MicroCloud Hologram's information ratio and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether MicroCloud Hologram's current price movements will revert.
Auto-correlation | 0.59 |
Modest predictability
MicroCloud Hologram has modest predictability. Overlapping area represents the amount of predictability between MicroCloud Hologram time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MicroCloud Hologram price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current MicroCloud Hologram price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
MicroCloud Hologram lagged returns against current returns
Autocorrelation, which is MicroCloud Hologram stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MicroCloud Hologram's stock expected returns. We can calculate the autocorrelation of MicroCloud Hologram returns to help us make a trade decision. For example, suppose you find that MicroCloud Hologram has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
MicroCloud Hologram regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MicroCloud Hologram stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MicroCloud Hologram stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MicroCloud Hologram stock over time.
Current vs Lagged Prices |
| Timeline |
MicroCloud Hologram Lagged Returns
When evaluating MicroCloud Hologram's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MicroCloud Hologram stock have on its future price. MicroCloud Hologram autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MicroCloud Hologram autocorrelation shows the relationship between MicroCloud Hologram stock current value and its past values and can show if there is a momentum factor associated with investing in MicroCloud Hologram.
Regressed Prices |
| Timeline |
Pair Trading with MicroCloud Hologram
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MicroCloud Hologram position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MicroCloud Hologram will appreciate offsetting losses from the drop in the long position's value.Moving against MicroCloud Stock
The ability to find closely correlated positions to MicroCloud Hologram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroCloud Hologram when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MicroCloud Hologram - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MicroCloud Hologram to buy it.
The correlation of MicroCloud Hologram is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MicroCloud Hologram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroCloud Hologram moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MicroCloud Hologram can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out MicroCloud Hologram Correlation, MicroCloud Hologram Volatility and MicroCloud Hologram Alpha and Beta module to complement your research on MicroCloud Hologram. To learn how to invest in MicroCloud Stock, please use our How to Invest in MicroCloud Hologram guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
MicroCloud 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.