Wimi Hologram Cloud Stock Market Value
| WIMI Stock | USD 0.77 0.03 4.05% |
| Symbol | WiMi |
WiMi Hologram Cloud Price To Book Ratio
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 | Quarterly Revenue Growth 0.098 | Return On Assets |
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.
WiMi 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 WiMi 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 WiMi Hologram.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in WiMi Hologram on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding WiMi Hologram Cloud or generate 0.0% return on investment in WiMi Hologram over 90 days. WiMi Hologram is related to or competes with National CineMedia, Baosheng Media, Townsquare Media, Dolphin Entertainment, Travelzoo, and Direct Digital. WiMi Hologram Cloud Inc. provides augmented reality based holographic services and products in China More
WiMi 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 WiMi 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 WiMi Hologram Cloud upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.74 | |||
| Information Ratio | 0.0651 | |||
| Maximum Drawdown | 111.59 | |||
| Value At Risk | (13.66) | |||
| Potential Upside | 24.32 |
WiMi Hologram Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WiMi Hologram's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WiMi Hologram's standard deviation. In reality, there are many statistical measures that can use WiMi Hologram historical prices to predict the future WiMi Hologram's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.4996 | |||
| Total Risk Alpha | 2.63 | |||
| Sortino Ratio | 0.0798 | |||
| Treynor Ratio | (0.28) |
WiMi Hologram Cloud Backtested Returns
WiMi Hologram appears to be abnormally volatile, given 3 months investment horizon. WiMi Hologram Cloud shows Sharpe Ratio of 0.0583, which attests that the company had a 0.0583 % return per unit of standard deviation over the last 3 months. By examining WiMi Hologram's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize WiMi Hologram's Downside Deviation of 11.74, mean deviation of 8.35, and Risk Adjusted Performance of 0.0601 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WiMi Hologram holds a performance score of 4. The firm maintains a market beta of -3.01, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning WiMi Hologram are expected to decrease by larger amounts. On the other hand, during market turmoil, WiMi Hologram is expected to outperform it. Please check WiMi Hologram's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether WiMi Hologram's historical returns will revert.
Auto-correlation | 0.26 |
Poor predictability
WiMi Hologram Cloud has poor predictability. Overlapping area represents the amount of predictability between WiMi Hologram time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 WiMi Hologram Cloud price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current WiMi Hologram price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
WiMi Hologram Cloud lagged returns against current returns
Autocorrelation, which is WiMi 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 WiMi Hologram's stock expected returns. We can calculate the autocorrelation of WiMi Hologram returns to help us make a trade decision. For example, suppose you find that WiMi 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 |
WiMi 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 WiMi Hologram stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WiMi Hologram stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WiMi Hologram stock over time.
Current vs Lagged Prices |
| Timeline |
WiMi Hologram Lagged Returns
When evaluating WiMi Hologram's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WiMi Hologram stock have on its future price. WiMi 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, WiMi Hologram autocorrelation shows the relationship between WiMi Hologram stock current value and its past values and can show if there is a momentum factor associated with investing in WiMi Hologram Cloud.
Regressed Prices |
| Timeline |
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 WiMi Hologram Correlation, WiMi Hologram Volatility and WiMi Hologram Alpha and Beta module to complement your research on WiMi Hologram. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.