Rumble Inc Stock Technical Analysis
RUM Stock | USD 8.41 1.43 20.49% |
As of the 7th of December, Rumble holds the Semi Deviation of 3.71, risk adjusted performance of 0.0787, and Coefficient Of Variation of 1059.84. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rumble, as well as the relationship between them. Please check Rumble Inc standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Rumble Inc is priced some-what accurately, providing market reflects its current price of 8.41 per share. Given that Rumble has jensen alpha of 0.2067, we recommend you to check out Rumble Inc's recent market performance to make sure the company can sustain itself at a future point.
Rumble Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rumble, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RumbleRumble |
Rumble Analyst Consensus
Target Price | Advice | # of Analysts | |
10.0 | Hold | 2 | Odds |
Most Rumble analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rumble stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rumble Inc, talking to its executives and customers, or listening to Rumble conference calls.
Rumble 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.
Rumble Inc Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rumble Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rumble Inc Trend Analysis
Use this graph to draw trend lines for Rumble Inc. You can use it to identify possible trend reversals for Rumble as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rumble price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rumble Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rumble Inc applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Rumble Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 38.62, which is the sum of squared deviations for the predicted Rumble price change compared to its average price change.About Rumble Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rumble Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rumble Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rumble Inc price pattern first instead of the macroeconomic environment surrounding Rumble Inc. By analyzing Rumble's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rumble's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rumble specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Net Debt To EBITDA | 4.37 | 10.2 | 1.64 | 1.56 | Intangibles To Total Assets | 0.0708 | 0.0106 | 0.11 | 0.12 |
Rumble December 7, 2024 Technical Indicators
Most technical analysis of Rumble help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rumble from various momentum indicators to cycle indicators. When you analyze Rumble charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Risk Adjusted Performance | 0.0787 | |||
Market Risk Adjusted Performance | 0.2435 | |||
Mean Deviation | 3.53 | |||
Semi Deviation | 3.71 | |||
Downside Deviation | 3.89 | |||
Coefficient Of Variation | 1059.84 | |||
Standard Deviation | 4.9 | |||
Variance | 24.05 | |||
Information Ratio | 0.0664 | |||
Jensen Alpha | 0.2067 | |||
Total Risk Alpha | (0.38) | |||
Sortino Ratio | 0.0838 | |||
Treynor Ratio | 0.2335 | |||
Maximum Drawdown | 27.96 | |||
Value At Risk | (5.27) | |||
Potential Upside | 8.96 | |||
Downside Variance | 15.11 | |||
Semi Variance | 13.77 | |||
Expected Short fall | (4.35) | |||
Skewness | 0.9997 | |||
Kurtosis | 2.54 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 (0.65) | 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.