Rumble Inc Stock Price on December 26, 2024
RUM Stock | USD 16.95 0.00 0.00% |
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 16.95, as last reported on the 26th of December, with the highest price reaching 16.95 and the lowest price hitting 12.53 during the day. Rumble is relatively risky given 3 months investment horizon. Rumble Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.82% are justified by taking the suggested risk. Use Rumble Risk Adjusted Performance of 0.1412, coefficient of variation of 606.25, and Semi Deviation of 3.01 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 26th 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 26th 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.
Rumble |
Sharpe Ratio = 0.1587
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | RUM | |||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
11.47 actual daily | 96 96% of assets are less volatile |
Expected Return
1.82 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Rumble is performing at about 12% 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 21.6733 | Enterprise Value Ebitda (170.94) | Price Sales 45.8256 | Shares Float 85.2 M | Wall Street Target Price 8 |
Rumble Valuation on December 26, 2024
It is possible to determine the worth of Rumble on a given historical date. On December 26, 2024 Rumble was worth 16.945 at the beginning of the trading date compared to the closed value of 16.945. 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 | |
12.73 | 15.27 | 12.53 | 12.68 | 28,100,702 | |
12/26/2024 | 16.95 | 16.95 | 12.53 | 16.95 | 0.00 |
16.95 | 16.95 | 12.53 | 16.95 | 0.00 |
Backtest Rumble | | | Rumble History | | | Rumble Valuation | Previous | Next |
Rumble Trading Date Momentum on December 26, 2024
On December 26 2024 Rumble Inc was traded for 16.95 at the closing time. Highest Rumble's price during the trading hours was 16.95 and the lowest price during the day was 12.53 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of December did not cause price change. The trading delta at closing time to current price is 0.00% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 201.4 M | 230.2 M | |
Net Loss | -10.3 M | -10.8 M |
Rumble Quarterly Net Working Capital |
|
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.
Price Boundaries
Rumble Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Rumble Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Rumble December 26, 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.
Risk Adjusted Performance | 0.1412 | |||
Jensen Alpha | 1.78 | |||
Total Risk Alpha | 1.36 | |||
Sortino Ratio | 0.4758 | |||
Treynor Ratio | 0.9532 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.