Rumble Inc Stock Chance of Future Stock Price Finishing Over 5.27
| RUM Stock | USD 6.11 0.38 6.63% |
Rumble |
Rumble Target Price Odds to finish over 5.27
The tendency of Rumble Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 5.27 in 90 days |
| 6.11 | 90 days | 5.27 | about 85.41 |
Based on a normal probability distribution, the odds of Rumble to stay above $ 5.27 in 90 days from now is about 85.41 (This Rumble Inc probability density function shows the probability of Rumble Stock to fall within a particular range of prices over 90 days) . Probability of Rumble Inc price to stay between $ 5.27 and its current price of $6.11 at the end of the 90-day period is about 74.21 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.16 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rumble will likely underperform. Additionally Rumble Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Rumble Price Density |
| Price |
Predictive Modules for Rumble
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rumble Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rumble's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rumble Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rumble is not an exception. The market had few large corrections towards the Rumble's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rumble Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rumble within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | -0.0064 |
Rumble Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rumble for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rumble Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rumble Inc had very high historical volatility over the last 90 days | |
| Rumble Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 80.96 M. Reported Net Loss for the year was (116.42 M) with loss before taxes, overhead, and interest of (4.36 M). | |
| Rumble Inc has about 356.68 M in cash with (92.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93. | |
| Rumble Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Director Robert Arsov Sells 30,000 Shares of Rumble Inc |
Rumble Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rumble Stock often depends not only on the future outlook of the current and potential Rumble's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rumble's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 201.4 M | |
| Cash And Short Term Investments | 219.5 M |
Rumble Technical Analysis
Rumble's future price can be derived by breaking down and analyzing its technical indicators over time. Rumble Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rumble Inc. In general, you should focus on analyzing Rumble Stock price patterns and their correlations with different microeconomic environments and drivers.
Rumble Predictive Forecast Models
Rumble's time-series forecasting models is one of many Rumble's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rumble's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Rumble Inc
Checking the ongoing alerts about Rumble for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rumble Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rumble Inc had very high historical volatility over the last 90 days | |
| Rumble Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 80.96 M. Reported Net Loss for the year was (116.42 M) with loss before taxes, overhead, and interest of (4.36 M). | |
| Rumble Inc has about 356.68 M in cash with (92.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93. | |
| Rumble Inc has a frail financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Director Robert Arsov Sells 30,000 Shares of Rumble Inc |
Check out Rumble Backtesting, Rumble Valuation, Rumble Correlation, Rumble Hype Analysis, Rumble Volatility, Rumble History as well as Rumble Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Interactive Media & Services 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 Rumble. If investors know Rumble 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 Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.10) | Return On Assets (0.31) | Return On Equity (0.52) |
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble'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 Rumble's market value can be influenced by many factors that don't directly affect Rumble'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 Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble'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.