Rpc Inc Stock Market Value
| RES Stock | USD 5.98 0.12 1.97% |
| Symbol | RPC |
RPC Inc Price To Book Ratio
Is Oil & Gas Equipment & Services 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 RPC. If investors know RPC 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 RPC 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 0.094 | Dividend Share 0.16 | Earnings Share 0.56 | Revenue Per Share 6.96 | Quarterly Revenue Growth 0.022 |
The market value of RPC Inc is measured differently than its book value, which is the value of RPC that is recorded on the company's balance sheet. Investors also form their own opinion of RPC's value that differs from its market value or its book value, called intrinsic value, which is RPC'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 RPC's market value can be influenced by many factors that don't directly affect RPC'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 RPC's value and its price as these two are different measures arrived at by different means. Investors typically determine if RPC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RPC'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.
RPC '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 RPC'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 RPC.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in RPC on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding RPC Inc or generate 0.0% return on investment in RPC over 30 days. RPC is related to or competes with Bristow, ChampionX, Ranger Energy, NOV, Oceaneering International, Cactus, and Now. RPC, Inc., through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies i... More
RPC 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 RPC'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 RPC Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0068 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 4.7 |
RPC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RPC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RPC's standard deviation. In reality, there are many statistical measures that can use RPC historical prices to predict the future RPC's volatility.| Risk Adjusted Performance | 0.0332 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | 0.0576 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RPC'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.
RPC Inc Backtested Returns
RPC Inc retains Efficiency (Sharpe Ratio) of -0.0174, which implies the firm had a -0.0174% return per unit of risk over the last 3 months. RPC exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RPC's market risk adjusted performance of 0.0676, and Semi Deviation of 2.57 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.66, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RPC will likely underperform. At this point, RPC Inc has a negative expected return of -0.0499%. Please make sure to check RPC's value at risk, and the relationship between the jensen alpha and skewness , to decide if RPC Inc performance from the past will be repeated at future time.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
RPC Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between RPC time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RPC Inc price movement. The serial correlation of -0.73 indicates that around 73.0% of current RPC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
RPC Inc lagged returns against current returns
Autocorrelation, which is RPC 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 RPC's stock expected returns. We can calculate the autocorrelation of RPC returns to help us make a trade decision. For example, suppose you find that RPC 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 |
RPC 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 RPC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RPC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RPC stock over time.
Current vs Lagged Prices |
| Timeline |
RPC Lagged Returns
When evaluating RPC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RPC stock have on its future price. RPC 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, RPC autocorrelation shows the relationship between RPC stock current value and its past values and can show if there is a momentum factor associated with investing in RPC Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for RPC Stock Analysis
When running RPC's price analysis, check to measure RPC'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 RPC is operating at the current time. Most of RPC's value examination focuses on studying past and present price action to predict the probability of RPC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RPC's price. Additionally, you may evaluate how the addition of RPC to your portfolios can decrease your overall portfolio volatility.