Ranger Energy Services Stock Market Value
| RNGR Stock | USD 17.59 0.03 0.17% |
| Symbol | Ranger |
Ranger Energy Services Price To Book Ratio
Is Oil & Gas Equipment & 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 Ranger Energy. If investors know Ranger 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 Ranger Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.026 | Dividend Share 0.2 | Earnings Share 0.64 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
The market value of Ranger Energy Services is measured differently than its book value, which is the value of Ranger that is recorded on the company's balance sheet. Investors also form their own opinion of Ranger Energy's value that differs from its market value or its book value, called intrinsic value, which is Ranger Energy'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 Ranger Energy's market value can be influenced by many factors that don't directly affect Ranger Energy'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 Ranger Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ranger Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ranger Energy'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.
Ranger 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 Ranger Energy's 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 Ranger Energy.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Ranger Energy on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Ranger Energy Services or generate 0.0% return on investment in Ranger Energy over 30 days. Ranger Energy is related to or competes with ProPetro Holding, RPC, MRC Global, Oil States, Expro Group, ChampionX, and Cactus. Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and co... More
Ranger 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 Ranger Energy's 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 Ranger Energy Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.2478 | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 4.42 |
Ranger Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ranger Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ranger Energy's standard deviation. In reality, there are many statistical measures that can use Ranger Energy historical prices to predict the future Ranger Energy's volatility.| Risk Adjusted Performance | 0.2249 | |||
| Jensen Alpha | 0.5301 | |||
| Total Risk Alpha | 0.4958 | |||
| Sortino Ratio | 0.2635 | |||
| Treynor Ratio | 0.6859 |
Ranger Energy Services Backtested Returns
Ranger Energy appears to be not too volatile, given 3 months investment horizon. Ranger Energy Services maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Ranger Energy's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please evaluate Ranger Energy's Semi Deviation of 1.57, coefficient of variation of 382.0, and Risk Adjusted Performance of 0.2249 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ranger Energy holds a performance score of 21. The company holds a Beta of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ranger Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ranger Energy is expected to be smaller as well. Please check Ranger Energy's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Ranger Energy's historical price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Ranger Energy Services has very good predictability. Overlapping area represents the amount of predictability between Ranger Energy time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Ranger Energy Services price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Ranger Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Ranger Energy Services lagged returns against current returns
Autocorrelation, which is Ranger Energy 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 Ranger Energy's stock expected returns. We can calculate the autocorrelation of Ranger Energy returns to help us make a trade decision. For example, suppose you find that Ranger Energy has exhibited high autocorrelation historically, and you observe that the 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 |
Ranger 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 Ranger Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ranger Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ranger Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Ranger Energy Lagged Returns
When evaluating Ranger Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ranger Energy stock have on its future price. Ranger 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, Ranger Energy autocorrelation shows the relationship between Ranger Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Ranger Energy Services.
Regressed Prices |
| Timeline |
Additional Tools for Ranger Stock Analysis
When running Ranger Energy's price analysis, check to measure Ranger Energy'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 Ranger Energy is operating at the current time. Most of Ranger Energy's value examination focuses on studying past and present price action to predict the probability of Ranger Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ranger Energy's price. Additionally, you may evaluate how the addition of Ranger Energy to your portfolios can decrease your overall portfolio volatility.