RENN Fund Stock Forecast - Price Action Indicator

RCG Stock  USD 2.47  0.30  10.83%   
RENN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of RENN Fund's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The RENN Fund's current Inventory Turnover is estimated to increase to 1.32. The RENN Fund's current Payables Turnover is estimated to increase to 441.30. The current Common Stock Shares Outstanding is estimated to decrease to about 5.4 M. The current Net Loss is estimated to decrease to about (5.1 M).
On November 25, 2024 RENN Fund had Price Action Indicator of 0.01. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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RENN Fund Trading Date Momentum

On November 26 2024 RENN Fund was traded for  2.47  at the closing time. Highest RENN Fund's price during the trading hours was 2.74  and the lowest price during the day was  2.47 . The net volume was 32.5 K. The overall trading history on the 26th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 10.83% . The trading delta at closing time to current price is 1.08% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for RENN Fund

For every potential investor in RENN, whether a beginner or expert, RENN Fund's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RENN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RENN. Basic forecasting techniques help filter out the noise by identifying RENN Fund's price trends.

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 Risk & Return  Correlation

RENN Fund Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RENN Fund's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RENN Fund's current price.

RENN Fund Market Strength Events

Market strength indicators help investors to evaluate how RENN Fund stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RENN Fund shares will generate the highest return on investment. By undertsting and applying RENN Fund stock market strength indicators, traders can identify RENN Fund entry and exit signals to maximize returns.

RENN Fund Risk Indicators

The analysis of RENN Fund'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 RENN Fund's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting renn 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.
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.

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When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund'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 RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of RENN Fund to cross-verify your projections.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks 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 RENN Fund. If investors know RENN 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 RENN Fund 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
(1.00)
Dividend Share
0.015
Earnings Share
0.16
Revenue Per Share
0.044
Quarterly Revenue Growth
0.175
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund'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 RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund'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 RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund'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.