The expression you have provided represents a tensor product of 4 different quantum states (denoted by `|φ1⟩`, `|ψ2⟩`, `ξ3⟩`and `η4⟩`). Each component in the resulting superposition corresponds to four complex probability amplitudes from each state which can be arranged into column vectors by taking their tensor products e.g. |φ₁ψ₂> = either |00> or α₁α₂|00> + β₁β₂⊕ |01> + γ₁γ₂⊕ |10> + δ₁δ₂|11>, where ⊕ denotes bit-wise addition mod 2, `/√π` appears as a normalization factor (invoking the "measure of state that collapses wavefunctions") multiplying all the terms.
The values enclosed by vertical bars are called kets. They represent quantum states expressed as linear superpositions commonly utilized in quantum mechanics to make mathematical modeling convenient during simulations and predictions.
Please let me know if clarify further on any specific aspect of this expression, or there are questions you would like to ask!