Range Resources Corp Stock Price on May 14, 2024
| RRC Stock | USD 35.63 1.19 3.23% |
Below is the normalized historical share price chart for Range Resources Corp extending back to June 19, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Range Resources stands at 35.63, as last reported on the 4th of June, with the highest price reaching 35.63 and the lowest price hitting 35.63 during the day.
If you're considering investing in Range Stock, it is important to understand the factors that can impact its price. We consider Range Resources very steady. Range Resources Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0851, which implies the firm had a 0.0851% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Range Resources Corp, which you can use to evaluate the volatility of the company. Please check Range Resources' Semi Deviation of 1.59, risk adjusted performance of 0.0973, and Coefficient Of Variation of 689.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, Range Resources' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 2.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 132.5 M. . At present, Range Resources' Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.87, whereas Price To Sales Ratio is forecasted to decline to 2.66. Range Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of December 1992 | 200 Day MA 32.8287 | 50 Day MA 35.904 | Beta 1.855 |
Range |
Sharpe Ratio = 0.0851
| Best Portfolio | Best Equity | |||
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| Small Returns | RRC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.8 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Range Resources is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Range Resources by adding it to a well-diversified portfolio.
Price Book 2.3199 | Enterprise Value Ebitda 6.5506 | Price Sales 3.4214 | Shares Float 237.4 M | Dividend Share 0.32 |
Range Resources Valuation on May 14, 2024
It is possible to determine the worth of Range Resources on a given historical date. On May 14, 2024 Range was worth 35.6 at the beginning of the trading date compared to the closed value of 36.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Range Resources stock. Still, in general, we apply an absolute valuation method to find Range Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Range Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Range Resources' related companies.
| Open | High | Low | Close | Volume | |
| 35.72 | 35.99 | 35.25 | 35.49 | 2,481,456 | |
05/14/2024 | 35.60 | 36.55 | 35.60 | 36.53 | 2,072,056 |
| 36.52 | 36.77 | 35.75 | 36.77 | 2,155,270 |
| Backtest Range Resources | | | Range Resources History | | | Range Resources Valuation | Previous | Next |
Range Resources Trading Date Momentum on May 14, 2024
| On May 15 2024 Range Resources Corp was traded for 36.77 at the closing time. Highest Range Resources's price during the trading hours was 36.77 and the lowest price during the day was 35.75 . The net volume was 2.2 M. The overall trading history on the 15th of May 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.66% . The trading delta at closing time to current price is 1.31% . |
Range Resources Corp Fundamentals Correlations and Trends
By evaluating Range Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Range Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Range financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Range Resources Stock history
Range Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Range is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Range Resources Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Range Resources stock prices may prove useful in developing a viable investing in Range Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 239.8 M | 132.5 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
Range Resources Stock Technical Analysis
Range Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Range Resources Period Price Range
Low | May 14, 2024
| High |
35.60 | 36.53 |
Range Resources June 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Range Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Range Resources shares will generate the highest return on investment. By undertsting and applying Range Resources stock market strength indicators, traders can identify Range Resources Corp entry and exit signals to maximize returns
| Accumulation Distribution | 53856.45 | |||
| Daily Balance Of Power | 0.9789 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 36.08 | |||
| Day Typical Price | 36.23 | |||
| Price Action Indicator | 0.92 | |||
| Period Momentum Indicator | (0.90) |
Range Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Range Resources' price direction in advance. Along with the technical and fundamental analysis of Range Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Range to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 0.2096 | |||
| Total Risk Alpha | 0.1683 | |||
| Sortino Ratio | 0.1174 | |||
| Treynor Ratio | 0.2084 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Range Stock analysis
When running Range Resources' price analysis, check to measure Range Resources' 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' value examination focuses on studying past and present price action to predict the probability of Range Resources' 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' price. Additionally, you may evaluate how the addition of Range Resources to your portfolios can decrease your overall portfolio volatility.
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