Ranger Energy Stock Forecast - Price Action Indicator

RNGR Stock  USD 10.37  0.27  2.54%   
Ranger Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ranger Energy stock prices and determine the direction of Ranger Energy Services's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ranger Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ranger Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ranger Energy's systematic risk associated with finding meaningful patterns of Ranger Energy fundamentals over time.
Check out Historical Fundamental Analysis of Ranger Energy to cross-verify your projections.
  
At this time, Ranger Energy's Receivables Turnover is relatively stable compared to the past year. As of 04/24/2024, Fixed Asset Turnover is likely to grow to 2.84, while Inventory Turnover is likely to drop 57.14. . As of 04/24/2024, Net Income Applicable To Common Shares is likely to grow to about 18.2 M, while Common Stock Shares Outstanding is likely to drop slightly above 13.4 M.
Ranger Energy Services has current Price Action Indicator of (0.41).
Most investors in Ranger Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ranger Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ranger Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check Ranger Energy VolatilityBacktest Ranger EnergyInformation Ratio  

Ranger Energy Trading Date Momentum

On April 24 2024 Ranger Energy Services was traded for  10.37  at the closing time. The top price for the day was 10.91  and the lowest listed price was  10.37 . There was no trading activity during the period 0.0. Lack of trading volume on April 24, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.60% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare Ranger Energy to competition

Other Forecasting Options for Ranger Energy

For every potential investor in Ranger, whether a beginner or expert, Ranger Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ranger Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ranger. Basic forecasting techniques help filter out the noise by identifying Ranger Energy's price trends.

Ranger Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ranger Energy stock to make a market-neutral strategy. Peer analysis of Ranger Energy could also be used in its relative valuation, which is a method of valuing Ranger Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ranger Energy Services Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ranger Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ranger Energy's current price.

Ranger Energy Market Strength Events

Market strength indicators help investors to evaluate how Ranger Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ranger Energy shares will generate the highest return on investment. By undertsting and applying Ranger Energy stock market strength indicators, traders can identify Ranger Energy Services entry and exit signals to maximize returns.

Ranger Energy Risk Indicators

The analysis of Ranger Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ranger Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ranger stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ranger Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ranger Energy's short interest history, or implied volatility extrapolated from Ranger Energy options trading.

Currently Active Assets on Macroaxis

When determining whether Ranger Energy Services is a strong investment it is important to analyze Ranger Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ranger Energy's future performance. For an informed investment choice regarding Ranger Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Ranger Energy to cross-verify your projections.
Note that the Ranger Energy Services information on this page should be used as a complementary analysis to other Ranger Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary 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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is Ranger Energy's industry 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
(0.72)
Dividend Share
0.1
Earnings Share
0.95
Revenue Per Share
25.878
Quarterly Revenue Growth
(0.02)
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.