When using the ranking functions of T-SQL, the column containing ranking values is nullable.
You can see this when creating a view of the result set:
CREATE VIEW v
AS 
  SELECT Name
    , ListPrice
    , RANK() OVER (ORDER BY ListPrice DESC) AS [Rank]
    , DENSE_RANK() OVER (ORDER BY ListPrice DESC) AS [DenseRank]
    , ROW_NUMBER() OVER (ORDER BY ListPrice DESC) AS [RowNumber]
FROM Production.Product
Executing sp_help for this view indicates that the columns using ranking functions are nullable:
EXEC sp_help 'v'
Column_name   (...) | Nullable
---------------...-+------------+
...           (...) | ...
Rank          (...) | Yes
DenseRank     (...) | Yes
RowNumber     (...) | Yes
Which condition would cause a ranking function to return NULL?
Every computed/function based column in a view appears to be nullable. E.g.:
create view v1
as
    select OBJECT_ID,OBJECT_ID * 1 as obj2 from sys.objects
go
EXEC sp_help 'v1'
Indicates that object_id is not nullable but that obj2 is, even though it's trivially observable that if object_id can never be null, nor can obj2.
The only way I know of (not sure if this is what you're really looking for) to force a column to appear to not be nullable, is to wrap it in an ISNULL:
create view v2
as
    select OBJECT_ID,ISNULL(OBJECT_ID * 1,0) as obj2 from sys.objects
go
EXEC sp_help 'v2'
Interestingly, this is one of the few places where you can't use COALESCE instead of ISNULL:
create view v3
as
    select OBJECT_ID,COALESCE(OBJECT_ID * 1,0) as obj2 from sys.objects
go
EXEC sp_help 'v3'
v3 resembles v1.
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