Rush Street Interactive Stock Probability of Future Stock Price Finishing Under 11.01
| RSI Stock | USD 14.21 0.30 2.07% |
Rush |
Rush Street Target Price Odds to finish below 11.01
The tendency of Rush 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 drop to $ 11.01 or more in 90 days |
| 14.21 | 90 days | 11.01 | about 57.66 |
Based on a normal probability distribution, the odds of Rush Street to drop to $ 11.01 or more in 90 days from now is about 57.66 (This Rush Street Interactive probability density function shows the probability of Rush Stock to fall within a particular range of prices over 90 days) . Probability of Rush Street Interactive price to stay between $ 11.01 and its current price of $14.21 at the end of the 90-day period is about 42.04 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.77 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, Rush Street will likely underperform. Additionally Rush Street Interactive has an alpha of 0.4982, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Rush Street Price Density |
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Predictive Modules for Rush 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 Rush Street Interactive. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rush Street's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rush Street Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rush Street is not an exception. The market had few large corrections towards the Rush 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 Rush Street Interactive, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rush Street within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 1.77 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | 0.20 |
Rush 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 Rush Street for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rush Street Interactive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the last year's revenue of 691.16 M. Reported Net Loss for the year was (18.3 M) with profit before taxes, overhead, and interest of 177.55 M. | |
| Rush Street Interactive has about 179.72 M in cash with (5.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.15. | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Millrace Asset Group Inc. Purchases New Position in Rush Street Interactive, Inc. |
Rush 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 Rush Stock often depends not only on the future outlook of the current and potential Rush 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. Rush Street's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 68.5 M | |
| Cash And Short Term Investments | 171 M |
Rush Street Technical Analysis
Rush Street's future price can be derived by breaking down and analyzing its technical indicators over time. Rush Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rush Street Interactive. In general, you should focus on analyzing Rush Stock price patterns and their correlations with different microeconomic environments and drivers.
Rush Street Predictive Forecast Models
Rush Street's time-series forecasting models is one of many Rush 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 Rush 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 Rush Street Interactive
Checking the ongoing alerts about Rush Street for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rush Street Interactive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the last year's revenue of 691.16 M. Reported Net Loss for the year was (18.3 M) with profit before taxes, overhead, and interest of 177.55 M. | |
| Rush Street Interactive has about 179.72 M in cash with (5.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.15. | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Millrace Asset Group Inc. Purchases New Position in Rush Street Interactive, Inc. |
Check out Rush Street Backtesting, Rush Street Valuation, Rush Street Correlation, Rush Street Hype Analysis, Rush Street Volatility, Rush Street History as well as Rush Street Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.