Ring Energy Stock Market Value
| REI Stock | USD 1.17 0.04 3.54% |
| Symbol | Ring |
Ring Energy Price To Book Ratio
Is Oil & Gas Exploration & Production space 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 Ring Energy. If investors know Ring 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 Ring 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 (0.89) | Earnings Share 0.34 | Revenue Per Share | Quarterly Revenue Growth (0.16) | Return On Assets |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring 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 Ring Energy's market value can be influenced by many factors that don't directly affect Ring 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 Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring 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.
Ring Energy '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 Ring Energy'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 Ring Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ring Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ring Energy or generate 0.0% return on investment in Ring Energy over 90 days. Ring Energy is related to or competes with Vital Energy, Permian Resources, Magnolia Oil, SM Energy, Matador Resources, Obsidian Energy, and PetroTal Corp. Ring Energy, Inc., an exploration and production company, engages in the acquisition, exploration, development, and prod... More
Ring Energy 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 Ring Energy'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 Ring Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.07 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 4.23 |
Ring Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ring Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ring Energy's standard deviation. In reality, there are many statistical measures that can use Ring Energy historical prices to predict the future Ring Energy's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | 0.1355 | |||
| Treynor Ratio | (0.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ring 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.
Ring Energy Backtested Returns
Ring Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0579, which implies the firm had a -0.0579 % return per unit of risk over the last 3 months. Ring Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ring Energy's Variance of 8.49, coefficient of variation of (843.39), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The company holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ring Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ring Energy is expected to be smaller as well. At this point, Ring Energy has a negative expected return of -0.17%. Please make sure to check Ring Energy's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Ring Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Ring Energy has very weak reverse predictability. Overlapping area represents the amount of predictability between Ring Energy time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Ring Energy price movement. The serial correlation of -0.01 indicates that just 1.0% of current Ring Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ring Energy lagged returns against current returns
Autocorrelation, which is Ring Energy 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 Ring Energy's stock expected returns. We can calculate the autocorrelation of Ring Energy returns to help us make a trade decision. For example, suppose you find that Ring Energy 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 |
Ring Energy 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 Ring Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ring Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ring Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Ring Energy Lagged Returns
When evaluating Ring Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ring Energy stock have on its future price. Ring Energy 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, Ring Energy autocorrelation shows the relationship between Ring Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Ring Energy.
Regressed Prices |
| Timeline |
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When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:Check out Ring Energy Correlation, Ring Energy Volatility and Ring Energy Alpha and Beta module to complement your research on Ring Energy. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Ring Energy 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.