Rumble Stock Forecast - Daily Balance Of Power

RUM Stock  USD 13.29  0.26  2.00%   
Rumble Stock Forecast is based on your current time horizon. Although Rumble's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Rumble's systematic risk associated with finding meaningful patterns of Rumble fundamentals over time.
  
At this time, Rumble's Payables Turnover is very stable compared to the past year. As of the 24th of December 2024, Receivables Turnover is likely to grow to 15.63, while Inventory Turnover is likely to drop (94.26). . As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 230.2 M, while Net Loss is likely to drop (10.8 M).
On October 11, 2024 Rumble Inc had Daily Balance Of Power of 0.3158. Balance of Power indicator (or BOP) measures the strength of Rumble Inc market sensitivity to bulls and bears. It estimates the ability of Rumble buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Rumble Balance of Power indicator one can determine a trend of the price direction.
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Rumble Trading Date Momentum

On October 14 2024 Rumble Inc was traded for  5.47  at the closing time. Highest Rumble's price during the trading hours was 5.56  and the lowest price during the day was  5.33 . The net volume was 1.8 M. The overall trading history on the 14th of October 2024 contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 1.48% . The trading delta at closing time to current price is 12.24% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Rumble

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

Rumble 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 Rumble stock to make a market-neutral strategy. Peer analysis of Rumble could also be used in its relative valuation, which is a method of valuing Rumble by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Rumble Inc 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 Rumble'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 Rumble's current price.

Rumble Market Strength Events

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

Rumble Risk Indicators

The analysis of Rumble'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 Rumble's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rumble 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 Rumble Inc is a strong investment it is important to analyze Rumble'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 Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Rumble to cross-verify your projections.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Rumble. If investors know Rumble 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 Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble'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 Rumble's market value can be influenced by many factors that don't directly affect Rumble'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 Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble'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.