Rent The Runway Stock Odds of Future Stock Price Finishing Over 9.04
| RENT Stock | USD 9.04 0.14 1.57% |
Rent |
Rent The Target Price Odds to finish over 9.04
The tendency of Rent Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.04 | 90 days | 9.04 | about 88.49 |
Based on a normal probability distribution, the odds of Rent The to move above the current price in 90 days from now is about 88.49 (This Rent the Runway probability density function shows the probability of Rent Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Rent The has a beta of 0.92 indicating Rent the Runway market returns are related to returns on the market. As the market goes up or down, Rent The is expected to follow. Additionally Rent the Runway has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Rent The Price Density |
| Price |
Predictive Modules for Rent The
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rent the Runway. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rent The Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rent The is not an exception. The market had few large corrections towards the Rent The's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rent the Runway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rent The within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | -0.01 |
Rent The Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rent The for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rent the Runway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rent the Runway generated a negative expected return over the last 90 days | |
| Rent the Runway has high historical volatility and very poor performance | |
| Rent the Runway has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 298.2 M. Net Loss for the year was (113.2 M) with profit before overhead, payroll, taxes, and interest of 141.4 M. | |
| Rent the Runway currently holds about 192.3 M in cash with (15.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97. | |
| Rent the Runway has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Earnings Release Heres Why Analysts Cut Their Rent the Runway, Inc. Price Target To US30.50 |
Rent The Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rent Stock often depends not only on the future outlook of the current and potential Rent The's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rent The's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.4 M | |
| Cash And Short Term Investments | 84 M |
Rent The Technical Analysis
Rent The's future price can be derived by breaking down and analyzing its technical indicators over time. Rent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rent the Runway. In general, you should focus on analyzing Rent Stock price patterns and their correlations with different microeconomic environments and drivers.
Rent The Predictive Forecast Models
Rent The's time-series forecasting models is one of many Rent The's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rent The's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Rent the Runway
Checking the ongoing alerts about Rent The for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rent the Runway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rent the Runway generated a negative expected return over the last 90 days | |
| Rent the Runway has high historical volatility and very poor performance | |
| Rent the Runway has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 298.2 M. Net Loss for the year was (113.2 M) with profit before overhead, payroll, taxes, and interest of 141.4 M. | |
| Rent the Runway currently holds about 192.3 M in cash with (15.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97. | |
| Rent the Runway has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Earnings Release Heres Why Analysts Cut Their Rent the Runway, Inc. Price Target To US30.50 |
Additional Tools for Rent Stock Analysis
When running Rent The's price analysis, check to measure Rent The's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.