metadata
base_model: Writer/Palmyra-Fin-70B-32K
language:
- en
license: other
license_name: writer-open-model-license
license_link: https://writer.com/legal/open-model-license/
pipeline_tag: text-generation
tags:
- instruct
- pytorch
- finance
- stock market
- candlesticks
- FinGPT
- option trading
- future stock prediction
- trends prediction
- Enterprise LLM
- Enterprise
- Enterprise ready
- Banks
- Wealth Management
quantized_by: bartowski
extra_gated_prompt: >-
By clicking "Agree", you agree to the [License
Agreement](https://writer.com/legal/open-model-license/) and acknowledge
Writer's [Privacy Policy](https://writer.com/legal/acceptable-use/).
extra_gated_fields:
Name: text
Email: text
Organization or Affiliation: text
Receive email updates and promotions on Writer products, services, and research?:
type: select
options:
- 'Yes'
- 'No'
I acknowledge that this model is for non-commercial use only unless I acquire a separate license from Writer: checkbox
widget:
- example_title: Palmyra-Fin-70B-32k
messages:
- role: system
content: >-
You are an expert language model specialized in the financial services
domain. Your responses should be detailed, accurate, and tailored to
the needs of financial professionals. Consider ethical implications,
long-term impacts, and current global financial trends in your advice.
- role: user
content: >-
As the CFO of a technology company, we are considering issuing new
equity to fund our expansion into international markets. Could you
provide a brief analysis of the advantages and disadvantages of
issuing new equity, especially in the context of maintaining our
current share price and investor relations?
output:
text: >-
As the CFO of a technology company, considering issuing new equity to
fund expansion into international markets is a strategic decision that
requires a thorough analysis of its advantages and disadvantages.
Issuing new equity can be an effective way to raise capital, but its
crucial to weigh the benefits against the potential dilution of existing
shareholders ownership and its impact on your share price. Heres a
balanced view of the key advantages and disadvantages to help you make
an informed decision:\n\nAdvantages:\n\n1. **Capital Raising**: Issuing
new equity is an effective way to raise capital for expansion into
international markets. This capital can be used to establish a presence
in new markets, hire local teams, and develop marketing campaigns
tailored to those regions.\n\n2. **Diversified Shareholder Base**:
Issuing new equity can attract new investors, potentially including
international investors. This can help broaden your shareholder base,
which may improve liquidity and provide greater market stability.\n\n3.
**Enhanced Credibility**: Issuing new equity can be perceived by the
market as a vote of confidence in your company's growth prospects,
enhancing your credibility with existing and potential investors.\n\n4.
**Strategic Partnerships**: Issuing new equity can facilitate strategic
partnerships or collaborations. For example, issuing shares to a
strategic partner in a new market can help you establish a local
presence and gain access to their customer base.\n\n5. **Employee
Incentives**: Issuing new equity can be used to incentivize employees,
especially when vesting is tied to specific performance metrics or
time-based vesting schedules. This can help attract and retain top
talent.\n\nDisadvantages:\n\n1. **Dilution of Ownership**: Issuing new
equity dilutes the ownership percentage of existing shareholders. This
dilution can cause a decrease in the share price of your company's
stock.\n\n2. **Dilution of Earnings**: Issuing new equity dilutes
earnings per share, which could cause a decrease in your company's
share price.\n\n3. **Increased Shareholder Scrutiny**: Issuing new
equity may attract new shareholders who will demand greater transparency
and scrutiny of your operations. This could increase legal and financial
reporting expenses, make some activities more time-consuming, and may
also place undue strain on your personnel.\n\n4. **Issuance Costs and
Expenses**: Issuing new equity involves significant legal, accounting,
and other expenses. These costs could include, among other things,
registration fees, filing fees, printing fees, and the compensation of
any underwriters. The total amount of these costs may be
substantial.\n\n5. **Market Volatility**: Issuing new equity can cause
market volatility in the price of your company's stock. The sale of
these shares, or the perception that sales could occur, could cause the
price of your company's stock to fall. This could also make it more
difficult for you to sell equity or debt securities in the future at a
time or price that you deem reasonable or appropriate.\n\n6.
**Perception of Weakness**: The sale of additional equity securities
may lead to a perception by the market that your company's management
believes its existing capital resources will be insufficient for its
operations. This perception could cause your company's stock price to
decline.\n\n7. **Restrictions on Dividends**: If you are incorporated in
a state that limits your ability to pay dividends on your common stock
while you have preferred stock outstanding, then the rights of the
holders of your common stock may be subject to limitations on the
declaration of dividends.\n\n8. **Anti-Takeover Effects**: Issuing new
equity may have anti-takeover effects. For example, if your company has
a staggered board of directors, shares underlying new equity could be
issued by your board of directors in one or more rights plans or similar
plans. The rights will entitle all shareholders of record on a certain
date to purchase shares of preferred stock upon the occurrence of
certain events, such as a person acquiring a certain percentage of your
companys outstanding voting stock. The rights will expire prior to the
commencement of any business combination with a person who beneficially
owns 20% or more of your companys outstanding voting stock. The rights
may have the effect of entrenching your companys management team and may
deprive you of the opportunity to sell your company to potential
acquirers at a premium over prevailing prices. This potential inability
to obtain a control premium could reduce the price of your company's
stock.\n\n9. **Impact on Employee Stock Options**: Issuing new equity
may cause your companys employee stock options to become less valuable.
This could adversely affect your companys ability to attract and retain
employees.\n\n10. **Alternative Financing Options**: Depending on your
companys stage of development and market conditions, it may be possible
to obtain needed capital through alternative financing sources, such as
a second public offering, a private placement of securities, or loans
from banks or related or unrelated parties. These financing sources may
have terms favorable to your company compared to those obtained through
an issuance of new equity.\n\nIn the context of maintaining your current
share price and investor relations, it's essential to consider the
following:\n\n1. **Communicate Effectively**: It is crucial to
communicate the reasons behind issuing new equity clearly and
transparently to your existing shareholders. This can help manage
expectations and reduce potential negative perceptions.\n\n2. **Share
Price Impact**: Analyze the potential dilution of earnings per share and
the ownership percentage of existing shareholders. Consider the impact
of issuing new equity on your companys share price in the short and
long term.\n\n3. **Investor Relations**: Engage with your existing
shareholders to understand their concerns and address them proactively.
This can help maintain a positive relationship with your investor
base.\n\n4. **Equity Incentive Plans**: Ensure that your equity
incentive plans are aligned with your companys long-term goals and that
vesting schedules are structured to incentivize employees
appropriately.\n\n5. **Alternative Financing Options**: Carefully
evaluate alternative financing options and consider the potential impact
of each on your share price and investor relations.\n\nIn conclusion,
issuing new equity to fund expansion into international markets can be a
viable option, but it is essential to carefully weigh the advantages and
disadvantages and consider alternative financing options. Effective
communication with your existing shareholders is critical to managing
expectations and maintaining a positive relationship with your investor
base.
model-index:
- name: Palmyra-Fin-70B-32k
results: []
Llamacpp imatrix Quantizations of Palmyra-Fin-70B-32K
Using llama.cpp release b3496 for quantization.
Original model: https://huggingface.co/Writer/Palmyra-Fin-70B-32K
All quants made using imatrix option with dataset from here
Run them in LM Studio
Prompt format
<|begin_of_text|><|start_header_id|>system<|end_header_id|>
{system_prompt}<|eot_id|><|start_header_id|>user<|end_header_id|>
{prompt}<|eot_id|><|start_header_id|>assistant<|end_header_id|>
Download a file (not the whole branch) from below:
| Filename | Quant type | File Size | Split | Description |
|---|---|---|---|---|
| Palmyra-Fin-70B-32K-Q8_0.gguf | Q8_0 | 74.98GB | true | Extremely high quality, generally unneeded but max available quant. |
| Palmyra-Fin-70B-32K-Q6_K.gguf | Q6_K | 57.89GB | true | Very high quality, near perfect, recommended. |
| Palmyra-Fin-70B-32K-Q5_K_M.gguf | Q5_K_M | 49.95GB | true | High quality, recommended. |
| Palmyra-Fin-70B-32K-Q5_K_S.gguf | Q5_K_S | 48.66GB | false | High quality, recommended. |
| Palmyra-Fin-70B-32K-Q4_K_L.gguf | Q4_K_L | 43.30GB | false | Uses Q8_0 for embed and output weights. Good quality, recommended. |
| Palmyra-Fin-70B-32K-Q4_K_M.gguf | Q4_K_M | 42.52GB | false | Good quality, default size for must use cases, recommended. |
| Palmyra-Fin-70B-32K-Q4_K_S.gguf | Q4_K_S | 40.35GB | false | Slightly lower quality with more space savings, recommended. |
| Palmyra-Fin-70B-32K-Q3_K_XL.gguf | Q3_K_XL | 38.06GB | false | Uses Q8_0 for embed and output weights. Lower quality but usable, good for low RAM availability. |
| Palmyra-Fin-70B-32K-IQ4_XS.gguf | IQ4_XS | 37.90GB | false | Decent quality, smaller than Q4_K_S with similar performance, recommended. |
| Palmyra-Fin-70B-32K-Q3_K_L.gguf | Q3_K_L | 37.14GB | false | Lower quality but usable, good for low RAM availability. |
| Palmyra-Fin-70B-32K-Q3_K_M.gguf | Q3_K_M | 34.27GB | false | Low quality. |
| Palmyra-Fin-70B-32K-IQ3_M.gguf | IQ3_M | 31.94GB | false | Medium-low quality, new method with decent performance comparable to Q3_K_M. |
| Palmyra-Fin-70B-32K-Q3_K_S.gguf | Q3_K_S | 30.91GB | false | Low quality, not recommended. |
| Palmyra-Fin-70B-32K-IQ3_XS.gguf | IQ3_XS | 29.31GB | false | Lower quality, new method with decent performance, slightly better than Q3_K_S. |
| Palmyra-Fin-70B-32K-Q2_K_L.gguf | Q2_K_L | 27.40GB | false | Uses Q8_0 for embed and output weights. Very low quality but surprisingly usable. |
| Palmyra-Fin-70B-32K-Q2_K.gguf | Q2_K | 26.38GB | false | Very low quality but surprisingly usable. |
| Palmyra-Fin-70B-32K-IQ2_M.gguf | IQ2_M | 24.12GB | false | Relatively low quality, uses SOTA techniques to be surprisingly usable. |
| Palmyra-Fin-70B-32K-IQ2_S.gguf | IQ2_S | 22.24GB | false | Low quality, uses SOTA techniques to be usable. |
| Palmyra-Fin-70B-32K-IQ2_XXS.gguf | IQ2_XXS | 19.10GB | false | Very low quality, uses SOTA techniques to be usable. |
Embed/output weights
Some of these quants (Q3_K_XL, Q4_K_L etc) are the standard quantization method with the embeddings and output weights quantized to Q8_0 instead of what they would normally default to.
Some say that this improves the quality, others don't notice any difference. If you use these models PLEASE COMMENT with your findings. I would like feedback that these are actually used and useful so I don't keep uploading quants no one is using.
Thanks!
Credits
Thank you kalomaze and Dampf for assistance in creating the imatrix calibration dataset
Thank you ZeroWw for the inspiration to experiment with embed/output
Downloading using huggingface-cli
First, make sure you have hugginface-cli installed:
pip install -U "huggingface_hub[cli]"
Then, you can target the specific file you want:
huggingface-cli download bartowski/Palmyra-Fin-70B-32K-GGUF --include "Palmyra-Fin-70B-32K-Q4_K_M.gguf" --local-dir ./
If the model is bigger than 50GB, it will have been split into multiple files. In order to download them all to a local folder, run:
huggingface-cli download bartowski/Palmyra-Fin-70B-32K-GGUF --include "Palmyra-Fin-70B-32K-Q8_0/*" --local-dir ./
You can either specify a new local-dir (Palmyra-Fin-70B-32K-Q8_0) or download them all in place (./)
Which file should I choose?
A great write up with charts showing various performances is provided by Artefact2 here
The first thing to figure out is how big a model you can run. To do this, you'll need to figure out how much RAM and/or VRAM you have.
If you want your model running as FAST as possible, you'll want to fit the whole thing on your GPU's VRAM. Aim for a quant with a file size 1-2GB smaller than your GPU's total VRAM.
If you want the absolute maximum quality, add both your system RAM and your GPU's VRAM together, then similarly grab a quant with a file size 1-2GB Smaller than that total.
Next, you'll need to decide if you want to use an 'I-quant' or a 'K-quant'.
If you don't want to think too much, grab one of the K-quants. These are in format 'QX_K_X', like Q5_K_M.
If you want to get more into the weeds, you can check out this extremely useful feature chart:
But basically, if you're aiming for below Q4, and you're running cuBLAS (Nvidia) or rocBLAS (AMD), you should look towards the I-quants. These are in format IQX_X, like IQ3_M. These are newer and offer better performance for their size.
These I-quants can also be used on CPU and Apple Metal, but will be slower than their K-quant equivalent, so speed vs performance is a tradeoff you'll have to decide.
The I-quants are not compatible with Vulcan, which is also AMD, so if you have an AMD card double check if you're using the rocBLAS build or the Vulcan build. At the time of writing this, LM Studio has a preview with ROCm support, and other inference engines have specific builds for ROCm.
Want to support my work? Visit my ko-fi page here: https://ko-fi.com/bartowski