Ring Energy Inc Stock Market Value
| RNGE Stock | 0.14 0.01 6.67% |
| Symbol | RING |
RING ENERGY 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RING ENERGY's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RING ENERGY.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in RING ENERGY on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding RING ENERGY INC or generate 0.0% return on investment in RING ENERGY over 30 days. RING ENERGY is related to or competes with BCM Resources, Eminent Gold, and LithiumBank Resources. Ring Energy, Inc. engages in the exploration, development, and production of oil and gas in Texas and Kansas. More
RING ENERGY Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RING ENERGY's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RING ENERGY INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.49 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.5 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.69 |
RING ENERGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RING ENERGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RING ENERGY's standard deviation. In reality, there are many statistical measures that can use RING ENERGY historical prices to predict the future RING ENERGY's volatility.| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.021 |
RING ENERGY INC Backtested Returns
RING ENERGY INC maintains Sharpe Ratio (i.e., Efficiency) of -0.0872, which implies the firm had a -0.0872 % return per unit of standard deviation over the last 3 months. RING ENERGY INC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RING ENERGY's Market Risk Adjusted Performance of 0.031, risk adjusted performance of 0.0147, and Semi Deviation of 4.24 to confirm the risk estimate we provide. The company holds a Beta of 1.76, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RING ENERGY will likely underperform. At this point, RING ENERGY INC has a negative expected return of -0.44%. Please make sure to check RING ENERGY's maximum drawdown and the relationship between the semi variance and price action indicator , to decide if RING ENERGY INC performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
RING ENERGY INC has weak predictability. Overlapping area represents the amount of predictability between RING ENERGY time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RING ENERGY INC price movement. The serial correlation of 0.22 indicates that over 22.0% of current RING ENERGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RING ENERGY INC lagged returns against current returns
Autocorrelation, which is RING ENERGY otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting RING ENERGY's otc stock expected returns. We can calculate the autocorrelation of RING ENERGY returns to help us make a trade decision. For example, suppose you find that RING ENERGY has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
RING ENERGY regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RING ENERGY otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RING ENERGY otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RING ENERGY otc stock over time.
Current vs Lagged Prices |
| Timeline |
RING ENERGY Lagged Returns
When evaluating RING ENERGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RING ENERGY otc stock have on its future price. RING ENERGY autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, RING ENERGY autocorrelation shows the relationship between RING ENERGY otc stock current value and its past values and can show if there is a momentum factor associated with investing in RING ENERGY INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RING OTC Stock
RING ENERGY financial ratios help investors to determine whether RING OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RING with respect to the benefits of owning RING ENERGY security.