Rimini Street Stock Price Prediction

RMNI Stock  USD 2.90  0.04  1.36%   
As of 19th of April 2024, the relative strength indicator of Rimini Street's share price is approaching 37 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Rimini Street, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
Rimini Street stock price prediction is an act of determining the future value of Rimini Street shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Rimini Street's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Rimini Street and does not consider all of the tangible or intangible factors available from Rimini Street's fundamental data. We analyze noise-free headlines and recent hype associated with Rimini Street, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Rimini Street's stock price prediction:
Quarterly Earnings Growth
37.998
EPS Estimate Next Quarter
0.09
EPS Estimate Current Year
0.45
EPS Estimate Next Year
0.58
Wall Street Target Price
4.25
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Rimini Street based on different types of headlines from major news networks to social media. The Rimini stock price prediction module provides an analysis of price elasticity to changes in media outlook on Rimini Street over a specific investment horizon. Using Rimini Street hype-based prediction, you can estimate the value of Rimini Street from the perspective of Rimini Street response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Rimini Street using Rimini Street's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Rimini using crowd psychology based on the activity and movement of Rimini Street's stock price.

Rimini Street Implied Volatility

    
  329.88  
Rimini Street's implied volatility exposes the market's sentiment of Rimini Street stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Rimini Street's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Rimini Street stock will not fluctuate a lot when Rimini Street's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Rimini Street. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Rimini Street to buy its stock at a price that has no basis in reality. In that case, they are not buying Rimini because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Rimini Street after-hype prediction price

    
  USD 2.89  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Rimini Street Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rimini Street'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.
Intrinsic
Valuation
LowRealHigh
0.193.346.49
Details
Naive
Forecast
LowNextHigh
0.062.856.00
Details
4 Analysts
Consensus
LowTargetHigh
3.644.004.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.080.100.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rimini Street. Your research has to be compared to or analyzed against Rimini Street's peers to derive any actionable benefits. When done correctly, Rimini Street's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rimini Street.

Rimini Street After-Hype Price Prediction Density Analysis

As far as predicting the price of Rimini Street at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Rimini Street or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Rimini Street, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Rimini Street Estimiated After-Hype Price Volatility

In the context of predicting Rimini Street's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Rimini Street's historical news coverage. Rimini Street's after-hype downside and upside margins for the prediction period are 0.14 and 6.04, respectively. We have considered Rimini Street's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.90
2.89
After-hype Price
6.04
Upside
Rimini Street is relatively risky at this time. Analysis and calculation of next after-hype price of Rimini Street is based on 3 months time horizon.

Rimini Street Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Rimini Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rimini Street backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Rimini Street, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18 
3.07
  0.01 
 0.00  
7 Events / Month
3 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.90
2.89
0.34 
10,233  
Notes

Rimini Street Hype Timeline

Rimini Street is at this time traded for 2.90. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Rimini is estimated to decline in value after the next headline, with the price expected to drop to 2.89. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.34%, whereas the daily expected return is at this time at -0.18%. The volatility of related hype on Rimini Street is about 15350.0%, with the expected price after the next announcement by competition of 2.90. About 21.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.88. Rimini Street had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 7 days.
Check out Rimini Street Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Rimini Street Related Hype Analysis

Having access to credible news sources related to Rimini Street's direct competition is more important than ever and may enhance your ability to predict Rimini Street's future price movements. Getting to know how Rimini Street's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Rimini Street may potentially react to the hype associated with one of its peers.

Rimini Street Additional Predictive Modules

Most predictive techniques to examine Rimini price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rimini using various technical indicators. When you analyze Rimini charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Rimini Street Predictive Indicators

The successful prediction of Rimini Street stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Rimini Street, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Rimini Street based on analysis of Rimini Street hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Rimini Street's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Rimini Street's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02520.0190.02190.0354
Price To Sales Ratio1.340.820.680.64

Story Coverage note for Rimini Street

The number of cover stories for Rimini Street depends on current market conditions and Rimini Street's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Rimini Street is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Rimini Street's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Rimini Street Short Properties

Rimini Street's future price predictability will typically decrease when Rimini Street's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Rimini Street often depends not only on the future outlook of the potential Rimini Street'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. Rimini Street's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding89.5 M
Cash And Short Term Investments125.7 M
When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out Rimini Street Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Rimini Stock analysis

When running Rimini Street's price analysis, check to measure Rimini Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
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Is Rimini Street's industry 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 Rimini Street. If investors know Rimini 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 Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
37.998
Earnings Share
0.29
Revenue Per Share
4.844
Quarterly Revenue Growth
0.032
Return On Assets
0.0854
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street'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 Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street'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 Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street'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.