Rumbleon Stock Alpha and Beta Analysis
| RMBL Stock | USD 5.68 0.65 10.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as RumbleON. It also helps investors analyze the systematic and unsystematic risks associated with investing in RumbleON over a specified time horizon. Remember, high RumbleON's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to RumbleON's market risk premium analysis include:
Beta 2.69 | Alpha 0.44 | Risk 4.86 | Sharpe Ratio 0.12 | Expected Return 0.59 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
RumbleON |
RumbleON Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. RumbleON market risk premium is the additional return an investor will receive from holding RumbleON long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in RumbleON. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate RumbleON's performance over market.| α | 0.44 | β | 2.69 |
RumbleON expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of RumbleON's Buy-and-hold return. Our buy-and-hold chart shows how RumbleON performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.RumbleON Market Price Analysis
Market price analysis indicators help investors to evaluate how RumbleON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RumbleON shares will generate the highest return on investment. By understating and applying RumbleON stock market price indicators, traders can identify RumbleON position entry and exit signals to maximize returns.
RumbleON Return and Market Media
The median price of RumbleON for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 4.89 with a coefficient of variation of 12.41. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 4.91, and mean deviation of 0.48. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | RumbleOn, Inc.s top holders are insiders and they are likely disappointed by the recent 11 percent drop | 09/05/2024 |
2 | Disposition of tradable shares by Wjc Properties, L.l.c. of RumbleON subject to Rule 16b-3 | 09/06/2024 |
3 | Stone House Capital Management Acquires New Stake in Designer Brands Inc | 09/17/2024 |
4 | Acquisition by Polak Rebecca C. of 12225 shares of RumbleON subject to Rule 16b-3 | 10/24/2024 |
5 | Acquisition by Tkach Mark of 2794278 shares of RumbleON at 5.5 subject to Rule 16b-3 | 10/31/2024 |
6 | Even after rising 10 percent this past week, RumbleOn shareholders are still down 88 percent over the past three years | 11/08/2024 |
7 | DA Davidson maintains Buy on RumbleOn, target at 5.50 | 11/12/2024 |
8 | RumbleON, Inc. Q3 2024 Earnings Call Transcript | 11/13/2024 |
9 | RumbleOn Third Quarter 2024 Earnings Misses Expectations | 11/14/2024 |
10 | RumbleOn Announces Record Date for Proposed 10.0 Million Rights Offering | 11/15/2024 |
11 | After Leaping 27 percent RumbleOn, Inc. Shares Are Not Flying Under The Radar | 11/22/2024 |
About RumbleON Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including RumbleON or other stocks. Alpha measures the amount that position in RumbleON has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 77.44 | 97.86 | 141.76 | 148.85 | Days Of Inventory On Hand | 94.79 | 90.31 | 126.02 | 100.2 |
RumbleON Upcoming Company Events
As portrayed in its financial statements, the presentation of RumbleON's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, RumbleON's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of RumbleON's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of RumbleON. Please utilize our Beneish M Score to check the likelihood of RumbleON's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with RumbleON
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out RumbleON Backtesting, RumbleON Valuation, RumbleON Correlation, RumbleON Hype Analysis, RumbleON Volatility, RumbleON History and analyze 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
RumbleON technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.