Make it or break it for Range Resources in 2019

This article is aimed at all current or potential Range Resources investors. I will look into why albeit cyclical Range Resources disturbance, the long term basic indicators of the company are still strong. On 14 of June the company is traded for 6.85. Range Resources has historical hype elasticity of -0.15. The average price elasticity to hype of competition is about -0.58. The entity is estimated to decline in value after the next headline with price expected to drop to 6.7. The average volatility of media hype impact on Range Resources stock price is about 2062.5%. The closing price depreciation on the next news is expected to be -2.19% where as daily expected return is at this time at -0.92%. The volatility of related hype on Range Resources is about 519.28% with expected price after next announcement by competition of 6.27. Considering 30-days investment horizon, the next estimated press release will be in about 8 days. We found thirty-five available financial ratios for Range Resources which can be compared to its competitors. To make sure the equity is not overpriced, please check all Range Resources fundamentals including its Book Value Per Share, Total Asset and the relationship between Cash and Equivalents and Price to Earnings To Growth . Given that Range Resources has Price to Earning of 11.32X, we recommend you check out Range Resources recent market performance to make sure the company can sustain itself down the road. Use Range Resources to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Range Resources to be traded at $7.54 in 30 days.
Published over a year ago
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Reviewed by Gabriel Shpitalnik

The organization holds Beta of 0.0 which implies the returns on MARKET and Range Resources are completely uncorrelated. Even though it is essential to pay attention to Range Resources current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Range Resources exposes twenty-one different technical indicators which can help you to evaluate its performance. Range Resources has expected return of -0.9188%. Please be advised to check Range Resources Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Range Resources past performance will be repeated at some point in the near future. About 110.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.53. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Range Resources has Price/Earnings To Growth (PEG) ratio of 1.1. The entity recorded loss per share of 7.27. The firm last dividend was issued on 2019-03-14. Range Resources had 3:2 split on 2005-12-05.
The successful prediction of Range Resources stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Range Resources Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Range Resources based on Range Resources hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Range Resources's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Range Resources's related companies.

Use Technical Analysis to project Range expected Price

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.
A focus of Range Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Range Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Range Resources Gross Profit

Range Resources Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Range Resources previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Range Resources Gross Profit growth over the last 10 years. Please check Range Resources' gross profit and other fundamental indicators for more details.

A Deeper Perspective

Range Resources currently falls under 'Mid-Cap' category with total capitalization of 2.14B. The big decline in price over the last few months for Range Resourceshas created some momentum for investors as it was traded today as low as 6.82 and as high as 7.16 per share. The company executives failed to add value to investors and positioning the company components to exploit market volatility in May. However, diversifying your holdings with Range Resources or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 3.3019. The above-average volatility is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Range Resources partners. Range Resources maintains total asset of 6.9b. Range Resources is trading at 6.85. This is 1.63% increase. Day high is 7.16. Range Resources Inventory is somewhat stable at the moment. Also, Range Resources Operating Margin is decreasing over the last 5 years.
 2014 2015 2016 2018 2019 (projected)
Range Resources Interest Expense 168,977,000  166,439,000  168,213,000  151,391,700  119,456,974 
Range Resources Gross Profit 1,775,750,000  915,240,000  243,323,000  218,990,700  1,530,000,000 
On the whole, our up-to-date buy-sell advice on the company is Cautious Hold. We believe Range Resources is undervalued with close to average chance of bankruptcy for the next two years.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Range Resources Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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