Rumbleon Stock Technical Analysis
| RMBL Stock | USD 6.21 0.01 0.16% |
As of the 22nd of November, RumbleON holds the Risk Adjusted Performance of 0.1266, semi deviation of 3.77, and Coefficient Of Variation of 638.06. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RumbleON, as well as the relationship between them. Please check RumbleON treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if RumbleON is priced some-what accurately, providing market reflects its current price of 6.21 per share. Given that RumbleON has jensen alpha of 0.5617, we recommend you to check out RumbleON's recent market performance to make sure the company can sustain itself at a future point.
RumbleON Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RumbleON, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RumbleONRumbleON |
RumbleON Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.5 | Strong Buy | 4 | Odds |
Most RumbleON analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RumbleON stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RumbleON, talking to its executives and customers, or listening to RumbleON conference calls.
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.
RumbleON Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of RumbleON volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RumbleON Trend Analysis
Use this graph to draw trend lines for RumbleON. You can use it to identify possible trend reversals for RumbleON as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual RumbleON price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RumbleON Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RumbleON applied against its price change over selected period. The best fit line has a slop of 0.03 , which means RumbleON will continue generating value for investors. It has 122 observation points and a regression sum of squares at 31.85, which is the sum of squared deviations for the predicted RumbleON price change compared to its average price change.About RumbleON Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of RumbleON on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of RumbleON based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RumbleON price pattern first instead of the macroeconomic environment surrounding RumbleON. By analyzing RumbleON's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of RumbleON's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to RumbleON specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 November 22, 2024 Technical Indicators
Most technical analysis of RumbleON help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RumbleON from various momentum indicators to cycle indicators. When you analyze RumbleON charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1266 | |||
| Market Risk Adjusted Performance | 0.2958 | |||
| Mean Deviation | 4.09 | |||
| Semi Deviation | 3.77 | |||
| Downside Deviation | 4.23 | |||
| Coefficient Of Variation | 638.06 | |||
| Standard Deviation | 5.18 | |||
| Variance | 26.78 | |||
| Information Ratio | 0.1383 | |||
| Jensen Alpha | 0.5617 | |||
| Total Risk Alpha | 0.2143 | |||
| Sortino Ratio | 0.1692 | |||
| Treynor Ratio | 0.2858 | |||
| Maximum Drawdown | 27.41 | |||
| Value At Risk | (6.11) | |||
| Potential Upside | 10.21 | |||
| Downside Variance | 17.9 | |||
| Semi Variance | 14.21 | |||
| Expected Short fall | (5.01) | |||
| Skewness | 0.3969 | |||
| Kurtosis | 0.2944 |
RumbleON November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as RumbleON stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 7,400 | ||
| Daily Balance Of Power | 0.03 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 6.20 | ||
| Day Typical Price | 6.20 | ||
| Price Action Indicator | 0.02 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. 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. For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Automotive Retail 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 RumbleON. If investors know RumbleON 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 RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.58) | Revenue Per Share 47.649 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0047 | Return On Equity (1.42) |
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON'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 RumbleON's market value can be influenced by many factors that don't directly affect RumbleON'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 RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON'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.