RANGE RESOURCES (Germany) Market Value
| RAX Stock | EUR 32.57 0.32 0.99% |
| Symbol | RANGE |
RANGE RESOURCES 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RANGE RESOURCES's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RANGE RESOURCES.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in RANGE RESOURCES on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding RANGE RESOURCES or generate 0.0% return on investment in RANGE RESOURCES over 90 days. RANGE RESOURCES is related to or competes with TRADEGATE, Aegean Airlines, SUN ART, International Consolidated, SIDETRADE, SINGAPORE AIRLINES, and Southwest Airlines. More
RANGE RESOURCES Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RANGE RESOURCES's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RANGE RESOURCES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0541 | |||
| Maximum Drawdown | 14.24 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 4.13 |
RANGE RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RANGE RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RANGE RESOURCES's standard deviation. In reality, there are many statistical measures that can use RANGE RESOURCES historical prices to predict the future RANGE RESOURCES's volatility.| Risk Adjusted Performance | 0.113 | |||
| Jensen Alpha | 0.2925 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | (0.94) |
RANGE RESOURCES Backtested Returns
RANGE RESOURCES appears to be very steady, given 3 months investment horizon. RANGE RESOURCES maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the company had a 0.11 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for RANGE RESOURCES, which you can use to evaluate the volatility of the entity. Please evaluate RANGE RESOURCES's Mean Deviation of 1.66, market risk adjusted performance of (0.93), and Coefficient Of Variation of 872.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RANGE RESOURCES holds a performance score of 9. The firm holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RANGE RESOURCES are expected to decrease at a much lower rate. During the bear market, RANGE RESOURCES is likely to outperform the market. Please check RANGE RESOURCES's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether RANGE RESOURCES's historical price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
RANGE RESOURCES has weak reverse predictability. Overlapping area represents the amount of predictability between RANGE RESOURCES time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RANGE RESOURCES price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current RANGE RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 2.76 |
RANGE RESOURCES lagged returns against current returns
Autocorrelation, which is RANGE RESOURCES stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting RANGE RESOURCES's stock expected returns. We can calculate the autocorrelation of RANGE RESOURCES returns to help us make a trade decision. For example, suppose you find that RANGE RESOURCES has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
RANGE RESOURCES regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RANGE RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RANGE RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RANGE RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
RANGE RESOURCES Lagged Returns
When evaluating RANGE RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RANGE RESOURCES stock have on its future price. RANGE RESOURCES autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, RANGE RESOURCES autocorrelation shows the relationship between RANGE RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in RANGE RESOURCES.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RANGE Stock
RANGE RESOURCES financial ratios help investors to determine whether RANGE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RANGE with respect to the benefits of owning RANGE RESOURCES security.