Rumbleon Stock Odds of Future Stock Price Finishing Over 10.5

RMBL Stock  USD 6.08  0.13  2.09%   
RumbleON's implied volatility is one of the determining factors in the pricing options written on RumbleON. Implied volatility approximates the future value of RumbleON based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in RumbleON over a specific time period. For example, RMBL Option Call 20-12-2024 5 is a CALL option contract on RumbleON's common stock with a strick price of 5.0 expiring on 2024-12-20. The contract was last traded on 2024-11-19 at 11:43:33 for $1.1 and, as of today, has 28 days remaining before the expiration. The option is currently trading at a bid price of $0.45, and an ask price of $1.5. The implied volatility as of the 22nd of November is 28.0. View All RumbleON options

Closest to current price RumbleON long CALL Option Payoff at Expiration

RumbleON's future price is the expected price of RumbleON instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of RumbleON performance during a given time horizon utilizing its historical volatility. Check out RumbleON Backtesting, RumbleON Valuation, RumbleON Correlation, RumbleON Hype Analysis, RumbleON Volatility, RumbleON History as well as RumbleON Performance.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
  
At this time, RumbleON's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 1.44 this year, although the value of Price Earnings Ratio will most likely fall to (0.70). Please specify RumbleON's target price for which you would like RumbleON odds to be computed.

RumbleON Target Price Odds to finish over 10.5

The tendency of RumbleON Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 10.50  or more in 90 days
 6.08 90 days 10.50 
near 1
Based on a normal probability distribution, the odds of RumbleON to move over $ 10.50  or more in 90 days from now is near 1 (This RumbleON probability density function shows the probability of RumbleON Stock to fall within a particular range of prices over 90 days) . Probability of RumbleON price to stay between its current price of $ 6.08  and $ 10.50  at the end of the 90-day period is roughly 2.1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.71 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RumbleON will likely underperform. Additionally RumbleON has an alpha of 0.4493, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   RumbleON Price Density   
       Price  

Predictive Modules for RumbleON

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RumbleON. 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.
Hype
Prediction
LowEstimatedHigh
0.935.8310.73
Details
Intrinsic
Valuation
LowRealHigh
2.137.0311.93
Details
Naive
Forecast
LowNextHigh
1.556.4411.34
Details
4 Analysts
Consensus
LowTargetHigh
9.5610.5011.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RumbleON. Your research has to be compared to or analyzed against RumbleON's peers to derive any actionable benefits. When done correctly, RumbleON'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 RumbleON.

RumbleON Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. RumbleON is not an exception. The market had few large corrections towards the RumbleON's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold RumbleON, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of RumbleON within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.45
β
Beta against Dow Jones2.71
σ
Overall volatility
0.59
Ir
Information ratio 0.12

RumbleON Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of RumbleON for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for RumbleON can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
RumbleON had very high historical volatility over the last 90 days
RumbleON has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 1.37 B. Net Loss for the year was (214.4 M) with profit before overhead, payroll, taxes, and interest of 452.66 M.
RumbleON currently holds about 68.18 M in cash with (35.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.26.
RumbleON has a frail financial position based on the latest SEC disclosures
Roughly 42.0% of the company outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: Earnings Release Heres Why Analysts Cut Their RumbleOn, Inc. Price Target To US6.50

RumbleON Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of RumbleON Stock often depends not only on the future outlook of the current and potential RumbleON'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. RumbleON's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding17.7 M
Cash And Short Term Investments58.9 M

RumbleON Technical Analysis

RumbleON's future price can be derived by breaking down and analyzing its technical indicators over time. RumbleON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RumbleON. In general, you should focus on analyzing RumbleON Stock price patterns and their correlations with different microeconomic environments and drivers.

RumbleON Predictive Forecast Models

RumbleON's time-series forecasting models is one of many RumbleON's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary RumbleON's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about RumbleON

Checking the ongoing alerts about RumbleON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RumbleON help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
RumbleON had very high historical volatility over the last 90 days
RumbleON has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 1.37 B. Net Loss for the year was (214.4 M) with profit before overhead, payroll, taxes, and interest of 452.66 M.
RumbleON currently holds about 68.18 M in cash with (35.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.26.
RumbleON has a frail financial position based on the latest SEC disclosures
Roughly 42.0% of the company outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: Earnings Release Heres Why Analysts Cut Their RumbleOn, Inc. Price Target To US6.50
When determining whether RumbleON is a strong investment it is important to analyze RumbleON's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out RumbleON Backtesting, RumbleON Valuation, RumbleON Correlation, RumbleON Hype Analysis, RumbleON Volatility, RumbleON History as well as RumbleON Performance.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Automotive Retail 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 RumbleON. If investors know RumbleON 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 RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON'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 RumbleON's market value can be influenced by many factors that don't directly affect RumbleON'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 RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON'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.