Rumble Inc Stock Price on October 11, 2024

RUM Stock  USD 13.29  0.26  2.00%   
If you're considering investing in Rumble Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rumble stands at 13.29, as last reported on the 24th of December, with the highest price reaching 13.29 and the lowest price hitting 13.03 during the day. Rumble is unstable given 3 months investment horizon. Rumble Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.93% are justified by taking the suggested risk. Use Rumble Coefficient Of Variation of 608.29, risk adjusted performance of 0.1396, and Semi Deviation of 3.02 to evaluate company specific risk that cannot be diversified away.
  
At this time, Rumble's Common Stock Shares Outstanding is very stable compared to the past year. As of the 24th of December 2024, Other Stockholder Equity is likely to grow to about 415.9 M, while Liabilities And Stockholders Equity is likely to drop about 159.2 M. . As of the 24th of December 2024, Price To Sales Ratio is likely to drop to 10.61. In addition to that, Price Earnings Ratio is likely to drop to -8.16. Rumble Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.167

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Estimated Market Risk

 11.54
  actual daily
96
96% of assets are less volatile

Expected Return

 1.93
  actual daily
38
62% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Rumble is performing at about 13% 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 Rumble by adding it to a well-diversified portfolio.
Price Book
12.2619
Enterprise Value Ebitda
(170.94)
Price Sales
25.9626
Shares Float
85.2 M
Wall Street Target Price
8

Rumble Main Headline on 11th of October 2024

Filed transaction by Rumble Inc Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Rumble Valuation on October 11, 2024

It is possible to determine the worth of Rumble on a given historical date. On October 11, 2024 Rumble was worth 5.33 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rumble stock. Still, in general, we apply an absolute valuation method to find Rumble'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 Rumble where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rumble's related companies.
 Open High Low Close Volume
  5.23    5.40    5.21    5.29    727,839  
10/11/2024
  5.33    5.51    5.32    5.39    800,690  
  5.41    5.56    5.33    5.47    1,786,671  
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Open Value
5.33
5.39
Closing Value
39.96
Upside

Rumble Trading Date Momentum on October 11, 2024

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 4.82% .

Rumble Inc Fundamentals Correlations and Trends

By evaluating Rumble'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 Rumble's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rumble financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rumble Stock history

Rumble 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 Rumble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rumble 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 Rumble stock prices may prove useful in developing a viable investing in Rumble
Last ReportedProjected for Next Year
Common Stock Shares Outstanding201.4 M230.2 M
Net Loss-10.3 M-10.8 M

Rumble Quarterly Net Working Capital

118.5 Million

Rumble Stock Technical Analysis

Rumble 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.
A focus of Rumble technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rumble trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rumble Period Price Range

Low
December 24, 2024
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High

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Rumble December 24, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rumble's price direction in advance. Along with the technical and fundamental analysis of Rumble Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rumble 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.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble 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 employment.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.