Rush Street Stock Forecast - Price Action Indicator

RSI Stock  USD 13.48  1.27  10.40%   
Rush Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Rush Street's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Rush Street's Inventory Turnover is increasing as compared to previous years. The Rush Street's current Fixed Asset Turnover is estimated to increase to 82.07, while Payables Turnover is projected to decrease to 13.66. . The current Common Stock Shares Outstanding is estimated to decrease to about 63.4 M. The Rush Street's current Net Loss is estimated to increase to about (33 M).
Rush Street Interactive has current Price Action Indicator of 1.27. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Rush Street Trading Date Momentum

On November 22 2024 Rush Street Interactive was traded for  13.48  at the closing time. Highest Rush Street's price during the trading hours was 13.48  and the lowest price during the day was  12.21 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not cause price change. The trading delta at closing time to current price is 9.42% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Rush Street

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

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

Rush Street Interactive 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 Rush Street'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 Rush Street's current price.

Rush Street Market Strength Events

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

Rush Street Risk Indicators

The analysis of Rush Street'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 Rush Street's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rush 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.

Currently Active Assets on Macroaxis

When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush 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 Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:
Check out Historical Fundamental Analysis of Rush Street to cross-verify your projections.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Hotels, Restaurants & Leisure 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 Rush Street. If investors know Rush 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 Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
11.124
Quarterly Revenue Growth
0.888
Return On Assets
0.016
Return On Equity
(0.03)
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush 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 Rush Street's market value can be influenced by many factors that don't directly affect Rush 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 Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush 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.