Is Range Resources (RRC).
And if it's all the same to everyone, I think I'm just going to let the numbers do the talking from now on.
Let's start with the Omega Ratio, which is a risk measure that divides the Cumulative Weekly Gain % over the past 10 years of trades by the Cumulative Weekly Loss %.
Next up is the Sortino Ratio. It divides the Average Excess Return % by Downside Deviation % (<0.22% weekly).
This is obviously a closer race than the Biotechnology sub-industry, where Gilead Sciences was (and still is) clearly the best stock in the group.
Range Resources is neck and neck with EOG Resources based on their Omega Ratios, but EOG Resources slides to third behind Southwestern Energy when it comes to the Sortino Ratio, so I think we can safely call Range Resources as the winner.
Disclaimer: I do not own any of the stocks mentioned in this post nor do I intend to open any positions in any of these stocks in the next 72 hours.
And if it's all the same to everyone, I think I'm just going to let the numbers do the talking from now on.
Let's start with the Omega Ratio, which is a risk measure that divides the Cumulative Weekly Gain % over the past 10 years of trades by the Cumulative Weekly Loss %.
| Rank | Symbol | Company | Cumulative Weekly Gains % | Cumulative Weekly Losses % | Omega Ratio |
|---|---|---|---|---|---|
| 1 | RRC | Range Resources Corp. | +1201.52% | -864.68% | 1.39 |
| 2 | EOG | EOG Resources | +959.53% | -691.68% | 1.39 |
| 3 | SWN | Southwestern Energy | +971.12% | -708.67% | 1.37 |
| 4 | PXD | Pioneer Natural Resources | +1058.07% | -777.25% | 1.36 |
| 5 | OXY | Occidental Petroleum | +872.22% | -658.58% | 1.32 |
| 6 | BTU | Peabody Energy | +733.28% | -564.31% | 1.30 |
| 7 | CNX | CONSOL Energy Inc. | +796.07% | -633.13% | 1.26 |
| 8 | APC | Anadarko Petroleum Corp | +775.38% | -627.05% | 1.24 |
| 9 | COG | Cabot Oil & Gas | +993.40% | -805.69% | 1.23 |
| 10 | WMB | Williams Cos. | +343.27% | -279.55% | 1.23 |
| 11 | MRO | Marathon Oil Corp. | +587.00% | -478.99% | 1.23 |
| 12 | NBL | Noble Energy Inc | +608.82% | -504.71% | 1.21 |
| 13 | DNR | Denbury Resources Inc. | +802.69% | -678.90% | 1.18 |
| 14 | APA | Apache Corporation | +308.12% | -266.46% | 1.16 |
| 15 | DVN | Devon Energy Corp. | +784.40% | -708.89% | 1.11 |
| 16 | NFX | Newfield Exploration Co | +724.32% | -695.67% | 1.04 |
Next up is the Sortino Ratio. It divides the Average Excess Return % by Downside Deviation % (<0.22% weekly).
| Rank | Symbol | Company | Average Weekly Excess Return % | Downside Deviation % | Sortino Ratio |
|---|---|---|---|---|---|
| 1 | RRC | Range Resources Corp. | +0.66% | 2.94% | +0.2226 |
| 2 | SWN | Southwestern Energy | +0.64% | 3.11% | +0.2053 |
| 3 | EOG | EOG Resources | +0.54% | 2.67% | +0.2034 |
| 4 | PXD | Pioneer Natural Resources | +0.54% | 2.85% | +0.1906 |
| 5 | OXY | Occidental Petroleum | +0.37% | 2.27% | +0.1635 |
| 6 | BTU | Peabody Energy | +0.53% | 3.58% | +0.1489 |
| 7 | CNX | CONSOL Energy Inc. | +0.49% | 3.69% | +0.1324 |
| 8 | APC | Anadarko Petroleum Corp | +0.32% | 2.54% | +0.1263 |
| 9 | COG | Cabot Oil & Gas | +0.39% | 3.14% | +0.1252 |
| 10 | MRO | Marathon Oil Corp. | +0.25% | 2.22% | +0.1141 |
| 11 | NBL | Noble Energy Inc | +0.24% | 2.24% | +0.1092 |
| 12 | WMB | Williams Cos. | +0.22% | 2.09% | +0.1073 |
| 13 | DNR | Denbury Resources Inc. | +0.31% | 3.26% | +0.0944 |
| 14 | APA | Apache Corporation | +0.20% | 2.65% | +0.0750 |
| 15 | DVN | Devon Energy Corp. | +0.15% | 2.45% | +0.0631 |
| 16 | NFX | Newfield Exploration Co | +0.07% | 3.22% | +0.0224 |
This is obviously a closer race than the Biotechnology sub-industry, where Gilead Sciences was (and still is) clearly the best stock in the group.
Range Resources is neck and neck with EOG Resources based on their Omega Ratios, but EOG Resources slides to third behind Southwestern Energy when it comes to the Sortino Ratio, so I think we can safely call Range Resources as the winner.
Disclaimer: I do not own any of the stocks mentioned in this post nor do I intend to open any positions in any of these stocks in the next 72 hours.
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