Ranger Oil Price To Earning vs. Current Valuation
| ROCCDelisted Stock | USD 37.47 0.00 0.00% |
For Ranger Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ranger Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ranger Oil Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ranger Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ranger Oil Corp over time as well as its relative position and ranking within its peers.
Ranger |
Ranger Oil Corp Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ranger Oil's current stock value. Our valuation model uses many indicators to compare Ranger Oil value to that of its competitors to determine the firm's financial worth. Ranger Oil Corp is currently regarded as top stock in price to earning category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 194,525,359 of Current Valuation per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ranger Oil's earnings, one of the primary drivers of an investment's value.Ranger Current Valuation vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Ranger Oil |
| = | 6.80 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ranger Oil |
| = | 1.32 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Ranger Current Valuation vs Competition
Ranger Oil Corp is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas E&P industry is at this time estimated at about 154.21 Billion. Ranger Oil maintains roughly 1.32 Billion in current valuation contributing less than 1% to all equities under Oil & Gas E&P industry.
Ranger Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ranger Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ranger Oil will eventually generate negative long term returns. The profitability progress is the general direction of Ranger Oil's change in net profit over the period of time. It can combine multiple indicators of Ranger Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ranger Oil Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. Ranger Oil Corporation was incorporated in 1882 and is headquartered in Houston, Texas. Ranger Oil operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 136 people.
Ranger Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ranger Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ranger Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ranger Oil's important profitability drivers and their relationship over time.
Use Ranger Oil in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ranger Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ranger Oil will appreciate offsetting losses from the drop in the long position's value.Ranger Oil Pair Trading
Ranger Oil Corp Pair Trading Analysis
The ability to find closely correlated positions to Ranger Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ranger Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ranger Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ranger Oil Corp to buy it.
The correlation of Ranger Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ranger Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ranger Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ranger Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ranger Oil position
In addition to having Ranger Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Ranger Stock
If you are still planning to invest in Ranger Oil Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ranger Oil's history and understand the potential risks before investing.
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