Ranger Oil Corp Alpha and Beta Analysis
| ROCCDelisted Stock | USD 37.47 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ranger Oil Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ranger Oil over a specified time horizon. Remember, high Ranger Oil's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Ranger Oil's market risk premium analysis include:
Beta (0.13) | Alpha 0.0819 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Ranger |
Ranger Oil Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ranger Oil market risk premium is the additional return an investor will receive from holding Ranger Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ranger Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ranger Oil's performance over market.| α | 0.08 | β | -0.13 |
Ranger Oil Fundamentals Vs Peers
Comparing Ranger Oil's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ranger Oil's direct or indirect competition across all of the common fundamentals between Ranger Oil and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ranger Oil or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ranger Oil's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ranger Oil by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ranger Oil to competition |
| Fundamentals | Ranger Oil | Peer Average |
| Return On Equity | 0.66 | -0.31 |
| Return On Asset | 0.22 | -0.14 |
| Profit Margin | 0.26 % | (1.27) % |
| Operating Margin | 0.60 % | (5.51) % |
| Current Valuation | 1.32 B | 16.62 B |
| Shares Outstanding | 19.01 M | 571.82 M |
| Shares Owned By Insiders | 0.63 % | 10.09 % |
Ranger Oil Opportunities
Ranger Oil Return and Market Media
The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Ranger Oil dividend paid on 30th of March 2023 | 03/30/2023 |
1 | Baytex Announces Expiration of Hart-Scott-Rodino Waiting Period Relating to the Acquisition of Ranger Oil | 04/13/2023 |
2 | Should Value Investors Choose Ranger Oil Stock | 04/19/2023 |
3 | Baytex Announces Closing of US800 Million Private Offering of Senior Notes | 04/27/2023 |
4 | 5 Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up - Yahoo Finance | 05/03/2023 |
5 | Ranger Oil Declares Quarterly Dividend | 05/05/2023 |
6 | Ranger Oil earnings beat by 0.12, revenue fell short of estimates | 05/08/2023 |
7 | Ranger Oil Earns RS Rating Upgrade | 05/09/2023 |
8 | Baytex Files Q1 2023 Pro Forma Financial Information in Connection with the Ranger Acquisition | 05/11/2023 |
9 | Top 15 Private EPs in the Midcontinent, Gulf Coast - Hart Energy | 05/23/2023 |
| Ranger Oil dividend paid on 30th of May 2023 | 05/30/2023 |
10 | Bona fide gift to Darrin Henke of 14498 shares of Ranger Oil subject to Section 16 | 06/21/2023 |
About Ranger Oil Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ranger or other delisted stocks. Alpha measures the amount that position in Ranger Oil Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Ranger Oil Upcoming Company Events
As portrayed in its financial statements, the presentation of Ranger Oil's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ranger Oil's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ranger Oil's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ranger Oil. Please utilize our Beneish M Score to check the likelihood of Ranger Oil's management manipulating its earnings.
| 1st of August 2023 Upcoming Quarterly Report | View | |
| 1st of November 2023 Next Financial Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 31st of March 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Ranger Oil
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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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