Insider Trading
RMBL Stock | USD 3.28 0.28 7.87% |
About 62% of RumbleON's investor base is looking to short. The analysis of current outlook of investing in RumbleON suggests that many traders are alarmed regarding RumbleON's prospects. RumbleON's investing sentiment shows overall attitude of investors towards RumbleON.
RumbleON |
Filed transaction by RumbleON Director . Insider Public Trading
Read at macroaxis.com
RumbleON Fundamental Analysis
We analyze RumbleON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RumbleON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RumbleON based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Debt To Equity
Debt To Equity Comparative Analysis
RumbleON is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
RumbleON Potential Pair-trading
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 RumbleON stock to make a market-neutral strategy. Peer analysis of RumbleON could also be used in its relative valuation, which is a method of valuing RumbleON by comparing valuation metrics with similar companies.
Peers
RumbleON Related Equities
CARG | CarGurus | 1.11 | ||||
AN | AutoNation | 1.03 | ||||
GPI | Group 1 | 0.76 | ||||
KAR | KAR Auction | 0.24 | ||||
ABG | Asbury Automotive | 0.17 | ||||
RUSHA | Rush Enterprises | 0.14 | ||||
LAD | Lithia Motors | 0.18 | ||||
PAG | Penske Automotive | 0.23 | ||||
DRVN | Driven Brands | 0.29 | ||||
CARS | Cars | 0.41 | ||||
SAH | Sonic Automotive | 0.60 | ||||
RUSHB | Rush Enterprises | 1.13 | ||||
KFS | Kingsway Financial | 3.26 |
Check out RumbleON Hype Analysis, RumbleON Correlation and RumbleON Performance. For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.
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.