Rimini Street Stock Probability of Future Stock Price Finishing Over 5.85
| RMNI Stock | USD 2.00 0.07 3.63% |
Rimini |
Rimini Street Target Price Odds to finish over 5.85
The tendency of Rimini 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 Price | Horizon | Target Price | Odds to move over $ 5.85 or more in 90 days |
| 2.00 | 90 days | 5.85 | close to zero percent |
Based on a normal probability distribution, the odds of Rimini Street to move over $ 5.85 or more in 90 days from now is close to zero percent (This Rimini Street probability density function shows the probability of Rimini Stock to fall within a particular range of prices over 90 days) . Probability of Rimini Street price to stay between its current price of $ 2.00 and $ 5.85 at the end of the 90-day period is roughly 2.9 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.14 indicating Rimini Street market returns are responsive to returns on the market. As the market goes up or down, Rimini Street is expected to follow. Additionally Rimini Street has an alpha of 0.0415, implying that it can generate a 0.0415 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rimini Street Price Density |
| Price |
Predictive Modules for Rimini Street
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rimini Street. 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.Rimini Street Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rimini Street is not an exception. The market had few large corrections towards the Rimini Street'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 Rimini Street, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rimini Street within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | 0.02 |
Rimini Street 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 Rimini Street for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rimini Street can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rimini Street had very high historical volatility over the last 90 days | |
| Rimini Street has high likelihood to experience some financial distress in the next 2 years | |
| Rimini Street currently holds 81.98 M in liabilities. Rimini Street has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Rimini Street's use of debt, we should always consider it together with its cash and equity. | |
| About 67.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Rimini Street Announces New Management Console for Rimini Connect Suite of Interoperability Solutions |
Rimini Street 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 Rimini Stock often depends not only on the future outlook of the current and potential Rimini Street'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. Rimini Street's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 89.5 M | |
| Cash And Short Term Investments | 125.2 M |
Rimini Street Technical Analysis
Rimini Street's future price can be derived by breaking down and analyzing its technical indicators over time. Rimini Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rimini Street. In general, you should focus on analyzing Rimini Stock price patterns and their correlations with different microeconomic environments and drivers.
Rimini Street Predictive Forecast Models
Rimini Street's time-series forecasting models is one of many Rimini Street'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 Rimini Street'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 Rimini Street
Checking the ongoing alerts about Rimini Street for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rimini Street help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rimini Street had very high historical volatility over the last 90 days | |
| Rimini Street has high likelihood to experience some financial distress in the next 2 years | |
| Rimini Street currently holds 81.98 M in liabilities. Rimini Street has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Rimini Street's use of debt, we should always consider it together with its cash and equity. | |
| About 67.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Rimini Street Announces New Management Console for Rimini Connect Suite of Interoperability Solutions |
Check out Rimini Street Backtesting, Rimini Street Valuation, Rimini Street Correlation, Rimini Street Hype Analysis, Rimini Street Volatility, Rimini Street History as well as Rimini Street Performance. For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software 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 Rimini Street. If investors know Rimini 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 Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share (0.38) | Revenue Per Share 4.734 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0689 |
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini 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 Rimini Street's market value can be influenced by many factors that don't directly affect Rimini 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 Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini 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.