WiMi Developed PBO-Based Dynamic Optimization Algorithm That Can Be Applied to Blockchain and Bitcoin Trading Strategies
| WIMI Stock | USD 2.78 0.13 4.47% |
Under 61% of WiMi Hologram's investor base is looking to short. The analysis of overall sentiment of trading WiMi Hologram Cloud stock suggests that many investors are alarmed at this time. WiMi Hologram's investing sentiment shows overall attitude of investors towards WiMi Hologram Cloud.
Beijing, Jan. 08, 2024 -- WiMi Hologram Cloud Inc. , a leading global Hologram Augmented Reality Technology provider, today announced that the probability of backtest overfitting algorithm was used to blockchain and bitcoin trading strategies. PBO is computed based on the combinatorial symmetric cross-validation framework and is designed to quantify the risk of overfitting in small sample backtests. With PBO, it is poss
Read at finance.yahoo.com
 |
WiMi Hologram Fundamental Analysis
We analyze WiMi Hologram's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WiMi Hologram using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WiMi Hologram based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
WiMi Hologram is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
WiMi Hologram Cloud Potential Pair-trading
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.
Peers
WiMi Hologram Related Equities
| TRUE | TrueCar | 2.34 | ||||
| NEXN | Nexxen International | 1.65 | ||||
| SSP | E W | 0.46 | ||||
| TRVG | Trivago NV | 1.35 | ||||
| XNET | Xunlei | 1.48 | ||||
| EVC | Entravision Communications | 1.55 | ||||
| CDLX | Cardlytics | 3.70 | ||||
| STRZ | Starz Entertainment | 3.71 | ||||
| CXDO | Crexendo | 4.78 | ||||
| TSQ | Townsquare Media | 4.96 |
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.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |