RANGE RESOURCES (Germany) Today

RAX Stock  EUR 30.55  0.26  0.86%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
RANGE RESOURCES is trading at 30.55 as of the 28th of March 2024, a 0.86 percent increase since the beginning of the trading day. The stock's lowest day price was 30.55. RANGE RESOURCES has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for RANGE RESOURCES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.

Moving against RANGE Stock

  0.88APC Apple IncPairCorr
  0.86APC Apple IncPairCorr
  0.85APC Apple IncPairCorr
  0.85APC Apple IncPairCorr
  0.81DBPD Xtrackers - ShortDAXPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

RANGE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RANGE RESOURCES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RANGE RESOURCES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorTaylor Rhodes
Business ConcentrationOther, Other (View all Sectors)
RANGE RESOURCES (RAX) is traded on Berlin Exchange in Germany and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RANGE RESOURCES's market, we take the total number of its shares issued and multiply it by RANGE RESOURCES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RANGE RESOURCES operates under Other sector and is part of Other industry. The entity has 0 outstanding shares. RANGE RESOURCES generates positive cash flow from operations, but has no cash available
Check RANGE RESOURCES Probability Of Bankruptcy

RANGE Stock Price Odds Analysis

What are RANGE RESOURCES's target price odds to finish over the current price? Based on a normal probability distribution, the odds of RANGE RESOURCES jumping above the current price in 90 days from now is roughly 2.04%. The RANGE RESOURCES probability density function shows the probability of RANGE RESOURCES stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon RANGE RESOURCES has a beta of 0.046 indicating as returns on the market go up, RANGE RESOURCES average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RANGE RESOURCES will be expected to be much smaller as well. Additionally, rANGE RESOURCES has an alpha of 0.1582, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 30.55HorizonTargetOdds Above 30.55
97.93%90 days
 30.55 
2.04%
Based on a normal probability distribution, the odds of RANGE RESOURCES to move above the current price in 90 days from now is roughly 2.04 (This RANGE RESOURCES probability density function shows the probability of RANGE Stock to fall within a particular range of prices over 90 days) .

RANGE RESOURCES Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. RANGE RESOURCES market risk premium is the additional return an investor will receive from holding RANGE RESOURCES 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 RANGE RESOURCES. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although RANGE RESOURCES's alpha and beta are two of the key measurements used to evaluate RANGE RESOURCES's performance over the market, the standard measures of volatility play an important role as well.

RANGE Stock Against Markets

Picking the right benchmark for RANGE RESOURCES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in RANGE RESOURCES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for RANGE RESOURCES is critical whether you are bullish or bearish towards RANGE RESOURCES at a given time. Please also check how RANGE RESOURCES's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in RANGE RESOURCES without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

RANGE RESOURCES Corporate Directors

RANGE RESOURCES corporate directors refer to members of a RANGE RESOURCES board of directors. The board of directors generally takes responsibility for the RANGE RESOURCES's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of RANGE RESOURCES's board members must vote for the resolution. The RANGE RESOURCES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy RANGE Stock?

Before investing in RANGE RESOURCES, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in RANGE RESOURCES. To buy RANGE RESOURCES stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of RANGE RESOURCES. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase RANGE RESOURCES stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located RANGE RESOURCES stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased RANGE RESOURCES stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as RANGE RESOURCES, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in RANGE RESOURCES?

The danger of trading RANGE RESOURCES is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of RANGE RESOURCES is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than RANGE RESOURCES. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RANGE RESOURCES is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RANGE RESOURCES. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for RANGE Stock analysis

When running RANGE RESOURCES's price analysis, check to measure RANGE RESOURCES'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 RANGE RESOURCES is operating at the current time. Most of RANGE RESOURCES's value examination focuses on studying past and present price action to predict the probability of RANGE RESOURCES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RANGE RESOURCES's price. Additionally, you may evaluate how the addition of RANGE RESOURCES to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Please note, there is a significant difference between RANGE RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine if RANGE RESOURCES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RANGE RESOURCES'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.