Bumble Inc Stock Price on November 6, 2024
BMBL Stock | USD 9.08 0.90 11.00% |
If you're considering investing in Bumble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bumble stands at 9.08, as last reported on the 26th of November, with the highest price reaching 9.22 and the lowest price hitting 8.43 during the day. Bumble appears to be not too volatile, given 3 months investment horizon. Bumble Inc secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Bumble's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Bumble's Mean Deviation of 2.18, risk adjusted performance of 0.155, and Downside Deviation of 2.29 to double-check if our risk estimates are consistent with your expectations.
Bumble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bumble |
Sharpe Ratio = 0.1932
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Estimated Market Risk
2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bumble is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bumble by adding it to a well-diversified portfolio.
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Bumble Valuation on November 6, 2024
It is possible to determine the worth of Bumble on a given historical date. On November 6, 2024 Bumble was worth 7.68 at the beginning of the trading date compared to the closed value of 7.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bumble stock. Still, in general, we apply an absolute valuation method to find Bumble's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bumble where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bumble's related companies.
Open | High | Low | Close | Volume | |
7.28 | 7.49 | 7.16 | 7.48 | 2,846,189 | |
11/06/2024 | 7.68 | 7.91 | 7.45 | 7.81 | 7,497,909 |
8.17 | 8.45 | 7.52 | 7.78 | 4,487,942 |
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Bumble Trading Date Momentum on November 6, 2024
On November 07 2024 Bumble Inc was traded for 7.78 at the closing time. The top price for the day was 8.45 and the lowest listed price was 7.52 . The trading volume for the day was 4.5 M. The trading history from November 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.38% . The overall trading delta against the current closing price is 0.90% . |
Bumble Inc Fundamentals Correlations and Trends
By evaluating Bumble's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bumble's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bumble financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bumble Stock history
Bumble investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bumble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bumble Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bumble stock prices may prove useful in developing a viable investing in Bumble
Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally. Bumble Inc. was founded in 2014 in and is headquartered in Austin, Texas. Bumble operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.
Bumble Stock Technical Analysis
Bumble 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.
Price Boundaries
Bumble Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Bumble November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bumble stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bumble shares will generate the highest return on investment. By undertsting and applying Bumble stock market strength indicators, traders can identify Bumble Inc entry and exit signals to maximize returns
Bumble Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bumble's price direction in advance. Along with the technical and fundamental analysis of Bumble Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bumble to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.155 | |||
Jensen Alpha | 0.369 | |||
Total Risk Alpha | 0.1007 | |||
Sortino Ratio | 0.1895 | |||
Treynor Ratio | 0.3564 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Interactive Media & Services 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 Bumble. If investors know Bumble 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 Bumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bumble Inc is measured differently than its book value, which is the value of Bumble that is recorded on the company's balance sheet. Investors also form their own opinion of Bumble's value that differs from its market value or its book value, called intrinsic value, which is Bumble'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 Bumble's market value can be influenced by many factors that don't directly affect Bumble'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 Bumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bumble'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.