RumbleON Stock Forecast - Accumulation Distribution

RMBL Stock  USD 5.16  0.20  4.03%   
RumbleON Stock Forecast is based on your current time horizon. Although RumbleON's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of RumbleON's systematic risk associated with finding meaningful patterns of RumbleON fundamentals over time.
  
At this time, RumbleON's Payables Turnover is quite stable compared to the past year. Receivables Turnover is expected to rise to 33.02 this year, although the value of Inventory Turnover will most likely fall to 2.81. . Common Stock Shares Outstanding is expected to rise to about 18.6 M this year, although the value of Net Loss is projected to rise to (223.6 M).
On August 23, 2024 RumbleON had Accumulation Distribution of 27974.44. The accumulation distribution (A/D) indicator shows the degree to which RumbleON is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of RumbleON to determine if accumulation or reduction is taking place in the market. This value is adjusted by RumbleON trading volume to give more weight to distributions with higher volume over lower volume.
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RumbleON Trading Date Momentum

On August 26 2024 RumbleON was traded for  4.89  at the closing time. The top price for the day was 4.91  and the lowest listed price was  4.66 . The trading volume for the day was 70.8 K. The trading history from August 26, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 2.95% . The trading delta at closing time against the current closing price is 3.37% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for RumbleON

For every potential investor in RumbleON, whether a beginner or expert, RumbleON's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RumbleON Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RumbleON. Basic forecasting techniques help filter out the noise by identifying RumbleON's price trends.

RumbleON Related Equities

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 RumbleON stock to make a market-neutral strategy. Peer analysis of RumbleON could also be used in its relative valuation, which is a method of valuing RumbleON by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

RumbleON Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RumbleON's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RumbleON's current price.

RumbleON Market Strength Events

Market strength indicators help investors to evaluate how RumbleON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RumbleON shares will generate the highest return on investment. By undertsting and applying RumbleON stock market strength indicators, traders can identify RumbleON entry and exit signals to maximize returns.

RumbleON Risk Indicators

The analysis of RumbleON's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in RumbleON's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rumbleon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether RumbleON is a strong investment it is important to analyze RumbleON's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of RumbleON to cross-verify your projections.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Automotive Retail 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 RumbleON. If investors know RumbleON 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 RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON'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 RumbleON's market value can be influenced by many factors that don't directly affect RumbleON'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 RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON'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.