Rimini Street Stock Price Prediction

RMNI Stock  USD 2.16  0.08  3.57%   
As of 2nd of December 2024, The relative strength indicator of Rimini Street's share price is at 54 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Rimini Street, making its price go up or down.

Oversold Vs Overbought

54

 
Oversold
 
Overbought
The successful prediction of Rimini Street's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Rimini Street, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Rimini Street's stock price prediction:
Quarterly Earnings Growth
(0.83)
EPS Estimate Next Quarter
0.09
EPS Estimate Current Year
0.46
EPS Estimate Next Year
0.33
Wall Street Target Price
2.8125
Using Rimini Street hype-based prediction, you can estimate the value of Rimini Street from the perspective of Rimini Street response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Rimini Street to buy its stock at a price that has no basis in reality. In that case, they are not buying Rimini because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Rimini Street after-hype prediction price

    
  USD 2.16  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Rimini Street Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
Intrinsic
Valuation
LowRealHigh
0.091.715.18
Details
Naive
Forecast
LowNextHigh
0.042.205.66
Details
4 Analysts
Consensus
LowTargetHigh
3.644.004.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.120.12
Details

Rimini Street After-Hype Price Prediction Density Analysis

As far as predicting the price of Rimini Street at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Rimini Street or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Rimini Street, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Rimini Street Estimiated After-Hype Price Volatility

In the context of predicting Rimini Street's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Rimini Street's historical news coverage. Rimini Street's after-hype downside and upside margins for the prediction period are 0.11 and 5.63, respectively. We have considered Rimini Street's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.16
2.16
After-hype Price
5.63
Upside
Rimini Street is very risky at this time. Analysis and calculation of next after-hype price of Rimini Street is based on 3 months time horizon.

Rimini Street Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Rimini Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rimini Street backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Rimini Street, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.41 
3.47
 0.00  
  0.01 
8 Events / Month
4 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.16
2.16
0.00 
34,700  
Notes

Rimini Street Hype Timeline

Rimini Street is at this time traded for 2.16. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Rimini is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.41%. %. The volatility of related hype on Rimini Street is about 10843.75%, with the expected price after the next announcement by competition of 2.17. About 22.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.88. Rimini Street recorded a loss per share of 0.38. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 8 days.
Check out Rimini Street Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Rimini Street Related Hype Analysis

Having access to credible news sources related to Rimini Street's direct competition is more important than ever and may enhance your ability to predict Rimini Street's future price movements. Getting to know how Rimini Street's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Rimini Street may potentially react to the hype associated with one of its peers.

Rimini Street Additional Predictive Modules

Most predictive techniques to examine Rimini price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rimini using various technical indicators. When you analyze Rimini charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Rimini Street Predictive Indicators

The successful prediction of Rimini Street stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Rimini Street, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Rimini Street based on analysis of Rimini Street hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Rimini Street's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Rimini Street's related companies.
 2021 2023 2024 (projected)
Dividend Yield0.02520.02270.0283
Price To Sales Ratio1.340.680.64

Story Coverage note for Rimini Street

The number of cover stories for Rimini Street depends on current market conditions and Rimini Street's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Rimini Street is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Rimini Street's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Rimini Street Short Properties

Rimini Street's future price predictability will typically decrease when Rimini Street's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Rimini Street often depends not only on the future outlook of the potential Rimini Street'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. Rimini Street's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding89.5 M
Cash And Short Term Investments125.2 M

Complementary Tools for Rimini Stock analysis

When running Rimini Street's price analysis, check to measure Rimini Street'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 Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
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