Rumbleon Stock Price on October 16, 2024

RMBL Stock  USD 5.16  0.20  4.03%   
Below is the normalized historical share price chart for RumbleON extending back to January 22, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RumbleON stands at 5.16, as last reported on the 13th of November 2024, with the highest price reaching 5.27 and the lowest price hitting 4.87 during the day.
IPO Date
22nd of January 2016
200 Day MA
5.2889
50 Day MA
4.8061
Beta
2.089
 
Yuan Drop
 
Covid
If you're considering investing in RumbleON Stock, it is important to understand the factors that can impact its price. RumbleON appears to be relatively risky, given 3 months investment horizon. RumbleON maintains Sharpe Ratio (i.e., Efficiency) of 0.0933, which implies the firm had a 0.0933% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RumbleON, which you can use to evaluate the volatility of the company. Please evaluate RumbleON's Coefficient Of Variation of 756.76, semi deviation of 3.69, and Risk Adjusted Performance of 0.1102 to confirm if our risk estimates are consistent with your expectations.
  
At this time, RumbleON's Liabilities And Stockholders Equity is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 736 M this year, although the value of Common Stock Total Equity will most likely fall to 9,372. . At this time, RumbleON's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 1.44 this year, although the value of Price Earnings Ratio will most likely fall to (0.70). RumbleON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0933

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Estimated Market Risk

 5.18
  actual daily
46
54% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average RumbleON is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RumbleON by adding it to a well-diversified portfolio.
Price Book
1.8765
Enterprise Value Ebitda
7.473
Price Sales
0.1355
Shares Float
11.5 M
Wall Street Target Price
6.88

Related Headline

CarGurus Headline on 16th of October 2024

Filed transaction by CarGurus Officer: Coo And President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

RumbleON Valuation on October 16, 2024

It is possible to determine the worth of RumbleON on a given historical date. On October 16, 2024 RumbleON was worth 5.75 at the beginning of the trading date compared to the closed value of 5.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RumbleON stock. Still, in general, we apply an absolute valuation method to find RumbleON's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RumbleON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RumbleON's related companies.
 Open High Low Close Volume
  5.12    5.98    5.12    5.79    306,299  
10/16/2024
  5.75    6.03    5.60    5.69    146,607  
  5.65    5.65    5.20    5.32    54,609  
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Open Value
5.75
5.69
Closing Value
21.30
Upside

RumbleON Trading Date Momentum on October 16, 2024

On October 17 2024 RumbleON was traded for  5.32  at the closing time. The top price for the day was 5.65  and the lowest listed price was  5.20 . The trading volume for the day was 54.6 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.50% . The trading delta at closing time against the current closing price is 7.91% .

RumbleON Fundamentals Correlations and Trends

By evaluating RumbleON's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RumbleON's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RumbleON financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About RumbleON Stock history

RumbleON investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RumbleON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RumbleON will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RumbleON stock prices may prove useful in developing a viable investing in RumbleON
Last ReportedProjected for Next Year
Common Stock Shares Outstanding17.7 M18.6 M
Net Loss-235.4 M-223.6 M

RumbleON Stock Technical Analysis

RumbleON technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of RumbleON technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RumbleON trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

RumbleON Period Price Range

Low
November 13, 2024
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High

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RumbleON November 13, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for RumbleON's price direction in advance. Along with the technical and fundamental analysis of RumbleON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RumbleON to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.