Rimini Street Stock Forecast - Rate Of Daily Change

RMNI Stock  USD 2.05  0.05  2.50%   
Rimini Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Rimini Street's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Rimini Street's Fixed Asset Turnover is decreasing as compared to previous years. The Rimini Street's current Asset Turnover is estimated to increase to 1.41, while Inventory Turnover is projected to decrease to 9.44. . The current Common Stock Shares Outstanding is estimated to decrease to about 62.7 M. The current Net Loss is estimated to decrease to about (3 M).
Rimini Street has current Rate Of Daily Change of 1.02. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Rimini Street.
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Rimini Street Trading Date Momentum

On November 25 2024 Rimini Street was traded for  2.05  at the closing time. The top price for the day was 2.06  and the lowest listed price was  1.99 . The trading volume for the day was 289.6 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.93% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Rimini Street

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

Rimini Street Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rimini Street stock to make a market-neutral strategy. Peer analysis of Rimini Street could also be used in its relative valuation, which is a method of valuing Rimini Street by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Rimini Street 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 Rimini Street'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 Rimini Street's current price.

Rimini Street Market Strength Events

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

Rimini Street Risk Indicators

The analysis of Rimini Street'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 Rimini Street's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rimini 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.

Currently Active Assets on Macroaxis

When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out Historical Fundamental Analysis of Rimini Street to cross-verify your projections.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.