The Formovie X5 is a 4K projector so your picture is incredibly sharp and detailed. This is aided by the .47 inch DLP chip and glass + resin lens that creates the image you see on screen. This projector also supports MEMC and HDR10+.
The advanced ALPD laser technology will allow this regular throw projector to produce deep blacks which will help give it a fantastic contrast ratio. We don't yet know what that contrast ratio will be, but we'll keep you updated when we find out.
Additionally we don't yet know how wide of a color gamut it will cover. But Formovie is advertising 1.07 billion colors so it will likely cover most, if not all, of the BT.2020 color space.