Ranger Energy Services Stock Probability of Future Stock Price Finishing Over 11.23
| RNGR Stock | USD 11.23 0.36 3.11% |
Ranger |
Ranger Energy Target Price Odds to finish over 11.23
The tendency of Ranger Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 11.23 | 90 days | 11.23 | about 21.33 |
Based on a normal probability distribution, the odds of Ranger Energy to move above the current price in 90 days from now is about 21.33 (This Ranger Energy Services probability density function shows the probability of Ranger Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.08 indicating Ranger Energy Services market returns are sensible to returns on the market. As the market goes up or down, Ranger Energy is expected to follow. Additionally Ranger Energy Services has an alpha of 0.2207, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ranger Energy Price Density |
| Price |
Predictive Modules for Ranger Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ranger Energy Services. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ranger Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ranger Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ranger Energy is not an exception. The market had few large corrections towards the Ranger Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ranger Energy Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ranger Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 1.08 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | 0.10 |
Ranger Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ranger Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ranger Energy Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ranger Energy is unlikely to experience financial distress in the next 2 years | |
| About 66.0% of the company shares are owned by institutional investors | |
| On 5th of April 2024 Ranger Energy paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Do Ranger Energy Services Earnings Warrant Your Attention |
Ranger Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ranger Stock often depends not only on the future outlook of the current and potential Ranger Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ranger Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25 M | |
| Cash And Short Term Investments | 15.7 M |
Ranger Energy Technical Analysis
Ranger Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Ranger Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ranger Energy Services. In general, you should focus on analyzing Ranger Stock price patterns and their correlations with different microeconomic environments and drivers.
Ranger Energy Predictive Forecast Models
Ranger Energy's time-series forecasting models is one of many Ranger Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ranger Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ranger Energy Services
Checking the ongoing alerts about Ranger Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ranger Energy Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ranger Energy is unlikely to experience financial distress in the next 2 years | |
| About 66.0% of the company shares are owned by institutional investors | |
| On 5th of April 2024 Ranger Energy paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Do Ranger Energy Services Earnings Warrant Your Attention |
Check out Ranger Energy Backtesting, Ranger Energy Valuation, Ranger Energy Correlation, Ranger Energy Hype Analysis, Ranger Energy Volatility, Ranger Energy History as well as Ranger Energy Performance. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.
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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.