Rumble Stock Forward View
| RUMBW Stock | USD 1.48 0.01 0.67% |
Rumble Stock outlook is based on your current time horizon.
At this time, the relative strength indicator of Rumble's share price is approaching 43 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 Rumble, making its price go up or down. Momentum 43
Sell Extended
Oversold | Overbought |
Quarterly Revenue Growth (0.01) |
Using Rumble hype-based prediction, you can estimate the value of Rumble Inc from the perspective of Rumble response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Rumble Inc on the next trading day is expected to be 1.50 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.40. Rumble after-hype prediction price | USD 1.53 |
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 Historical Fundamental Analysis of Rumble to cross-verify your projections. Rumble Additional Predictive Modules
Most predictive techniques to examine Rumble price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rumble using various technical indicators. When you analyze Rumble 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Rumble's financial statements to predict how it will affect future prices.
Cash | First Reported 2020-09-30 | Previous Quarter 283.8 M | Current Value 269.8 M | Quarterly Volatility 131.1 M |
Rumble Naive Prediction Price Forecast For the 28th of February
Given 90 days horizon, the Naive Prediction forecasted value of Rumble Inc on the next trading day is expected to be 1.50 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.40.Please note that although there have been many attempts to predict Rumble Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Rumble's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Rumble Stock Forecast Pattern
| Backtest Rumble | Rumble Price Prediction | Research Analysis |
Rumble Forecasted Value
In the context of forecasting Rumble's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Rumble's downside and upside margins for the forecasting period are 0.01 and 7.63, respectively. We have considered Rumble's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Rumble stock data series using in forecasting. Note that when a statistical model is used to represent Rumble stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.074 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1049 |
| MAPE | Mean absolute percentage error | 0.0555 |
| SAE | Sum of the absolute errors | 6.396 |
Predictive Modules for Rumble
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rumble Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rumble After-Hype Price Density Analysis
As far as predicting the price of Rumble 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 Rumble 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 Rumble, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Rumble Estimiated After-Hype Price Volatility
In the context of predicting Rumble's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Rumble's historical news coverage. Rumble's after-hype downside and upside margins for the prediction period are 0.08 and 7.68, respectively. We have considered Rumble'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Rumble is extremely dangerous at this time. Analysis and calculation of next after-hype price of Rumble Inc is based on 3 months time horizon.
Rumble Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Rumble is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rumble 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 Rumble, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.45 | 6.13 | 0.01 | 0.00 | 11 Events / Month | 0 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.48 | 1.53 | 3.38 |
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Rumble Hype Timeline
Rumble Inc is at this time traded for 1.48. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Rumble is forecasted to increase in value after the next headline, with the price projected to jump to 1.53 or above. The average volatility of media hype impact on the company the price is over 100%. The price increase on the next news is projected to be 3.38%, whereas the daily expected return is at this time at -0.45%. The volatility of related hype on Rumble is about 1.1034E7%, with the expected price after the next announcement by competition of 1.48. Rumble Inc has accumulated 1.8 M in total debt. Assuming the 90 days horizon the next forecasted press release will be in about 11 days. Check out Historical Fundamental Analysis of Rumble to cross-verify your projections.Rumble Related Hype Analysis
Having access to credible news sources related to Rumble's direct competition is more important than ever and may enhance your ability to predict Rumble's future price movements. Getting to know how Rumble'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 Rumble may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RGGI | Resgreen Group International | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PKLBF | Perk Labs | 0.00 | 0 per month | 0.00 | 0.05 | 0.00 | 0.00 | 150.00 | |
| GMGT | Gaming Technologies Common | 0.0005 | 3 per month | 0.00 | 0.12 | 0.00 | 0.00 | 200.00 | |
| SEII | Sharing Economy International | 0.00 | 0 per month | 0.00 | 0.06 | 0.00 | 0.00 | 250.00 | |
| MZPS | American Environmental | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MCZAF | Mad Catz Interactive | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| STTTF | Splitit Payments | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| MVLA | Movella Holdings | 0.00 | 0 per month | 22.24 | 0.19 | 200.00 | (66.67) | 991.30 | |
| YIPI | Yippy Inc | 0.00 | 0 per month | 0.00 | 0.16 | 0.00 | 0.00 | 33.33 |
Other Forecasting Options for Rumble
For every potential investor in Rumble, whether a beginner or expert, Rumble's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rumble Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rumble. Basic forecasting techniques help filter out the noise by identifying Rumble's price trends.Rumble 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 Rumble stock to make a market-neutral strategy. Peer analysis of Rumble could also be used in its relative valuation, which is a method of valuing Rumble by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Rumble Market Strength Events
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 Risk Indicators
The analysis of Rumble'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 Rumble's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rumble 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.
| Mean Deviation | 4.86 | |||
| Semi Deviation | 5.49 | |||
| Standard Deviation | 6.89 | |||
| Variance | 47.41 | |||
| Downside Variance | 32.87 | |||
| Semi Variance | 30.15 | |||
| Expected Short fall | (6.07) |
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.
Story Coverage note for Rumble
The number of cover stories for Rumble depends on current market conditions and Rumble's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Rumble 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 Rumble's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Rumble Short Properties
Rumble's future price predictability will typically decrease when Rumble's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Rumble Inc often depends not only on the future outlook of the potential Rumble'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. Rumble's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 204.1 M | |
| Cash And Short Term Investments | 114 M |
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.