Rumble Inc Stock Price on October 16, 2024
| RUMBW Stock | USD 2.29 0.09 4.09% |
If you're considering investing in Rumble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rumble stands at 2.29, as last reported on the 1st of December, with the highest price reaching 2.29 and the lowest price hitting 2.15 during the day. Rumble is dangerous given 3 months investment horizon. Rumble Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use Rumble Coefficient Of Variation of 501.75, risk adjusted performance of 0.1611, and Semi Deviation of 5.36 to evaluate company specific risk that cannot be diversified away.
At this time, Rumble's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 415.9 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 159.2 M in 2024. . Price To Sales Ratio is likely to drop to 10.61 in 2024. Price Earnings Ratio is likely to drop to -8.16 in 2024. Rumble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rumble |
Sharpe Ratio = 0.1985
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Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.25 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Rumble is performing at about 15% 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 Rumble by adding it to a well-diversified portfolio.
Book Value 0.898 | Shares Float 85.2 M | Shares Short Prior Month 9.6 K | Shares Short 5.5 K | Revenue Per Share 0.388 |
Rumble Valuation on October 16, 2024
It is possible to determine the worth of Rumble on a given historical date. On October 16, 2024 Rumble was worth 1.33 at the beginning of the trading date compared to the closed value of 1.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rumble stock. Still, in general, we apply an absolute valuation method to find Rumble'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 Rumble where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rumble's related companies.
| Open | High | Low | Close | Volume | |
| 1.28 | 1.44 | 1.22 | 1.28 | 125,928 | |
10/16/2024 | 1.33 | 1.39 | 1.27 | 1.34 | 4,302 |
| 1.30 | 1.30 | 1.30 | 1.30 | 2,166 |
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Rumble Trading Date Momentum on October 16, 2024
| On October 17 2024 Rumble Inc was traded for 1.30 at the closing time. The highest daily price throughout the period was 1.30 and the lowest price was 1.30 . The daily volume was 2.2 K. The net trading volume on 10/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.99% . The trading delta at closing time to current closing price is 3.73% . |
Rumble Inc Fundamentals Correlations and Trends
By evaluating Rumble'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 Rumble's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rumble financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rumble Stock history
Rumble 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 Rumble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rumble Inc 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 Rumble stock prices may prove useful in developing a viable investing in Rumble
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 201.4 M | 230.2 M |
Rumble Quarterly Net Working Capital |
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Rumble Stock Technical Analysis
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.
Price Boundaries
Rumble Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Rumble December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Rumble stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rumble shares will generate the highest return on investment. By undertsting and applying Rumble stock market strength indicators, traders can identify Rumble Inc entry and exit signals to maximize returns
Rumble Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rumble's price direction in advance. Along with the technical and fundamental analysis of Rumble Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rumble 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.
| Risk Adjusted Performance | 0.1611 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.191 | |||
| Sortino Ratio | 0.1654 | |||
| Treynor Ratio | 0.7471 |
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Additional Tools for Rumble Stock Analysis
When running Rumble's price analysis, check to measure Rumble'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 Rumble is operating at the current time. Most of Rumble's value examination focuses on studying past and present price action to predict the probability of Rumble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rumble's price. Additionally, you may evaluate how the addition of Rumble to your portfolios can decrease your overall portfolio volatility.