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Rite Aid Stock Price Prediction

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RAD -- USA Stock  

Earning Report: April 9, 2020  

Rite Aid Receivables Turnover is expected to drop based on the last few years of reporting. The last year's Receivables Turnover was at 27.57. The current year Accounts Payable Turnover is expected to grow to 22.42, whereas PPandE Turnover is expected to decline to 12.37. We analyze noise-free headlines and recent hype associated with Rite Aid Corporation, which may create opportunities for some arbitrage if properly timed. Additionally, take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.
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The Rite Aid stock price prediction module also provides an analysis of price elasticity to changes in media outlook on Rite Aid over a specific investment horizon. Using Rite Aid hype-based prediction, you can estimate the value of Rite Aid Corporation from the perspective of Rite Aid response to recently generated media hype and the effects of current headlines on its competitors.

Rite Aid After-Hype Price Density Analysis

 Next price density 
    
  Expected price to next headline 

Rite Aid Estimiated After-Hype Price Volatility

Current Value
15.00
March 31, 2020
15.28
After-hype Price
40.69
Upside
Rite Aid is very risky asset. Analysis and calculation of next after-hype price of Rite Aid is based on 3 months time horizon.

Rite Aid Stock Price Prediction Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.43  8.41  0.15   0.12  10 Events / Month4 Events / MonthIn about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.0015.280.86 
2,336  

Rite Aid Hype Timeline

On the 31rd of March Rite Aid is traded for 15.00. The entity has historical hype elasticity of 0.15 and average elasticity to hype of competition of -0.12. Rite Aid Corporation is estimated to increase in value after the next headline with price going to jump to 15.28. The average volatility of media hype impact on the company stock price is about 2336.11%. The price escalation on the next news is projected to be 0.86% where as daily expected return is at this time at 0.43%. The volatility of related hype on Rite Aid is about 2910.03% with expected price after next announcement by competition of 14.88. The company reported last year revenue of 21.57 B. Reported Net Loss for the year was (450.92 M) with profit before taxes, overhead, and interest of 4.68 B. Considering 30-days investment horizon, the next estimated press release will be in about 10 days.
Additionally, take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.

Rite Aid Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Vipshop Holdings Limited 0.15 9 per month 3.06  0.09  4.72 (5.84)  35.35 
Barnes Noble 0.00 0 per month 0.00  0.50  1.05 (1.05)  3.16 
Rite Aid Corporation 0.36 10 per month 8.61  0.07  13.36 (11.15)  50.67 
Sally Beauty Holdings Inc Na(0.01) 8 per month 0.00 (0.09)  11.56 (13.44)  25.84 
Sprouts Farmers Market(0.42) 8 per month 0.00  0.07  9.23 (5.71)  29.35 
Spectrum Brands Holdings(1.21) 7 per month 0.00 (0.0448)  11.04 (10.60)  41.63 
SuperValu 0.00 0 per month 0.00  0.15  0.50 (0.87)  66.11 
Sysco Corporation 1.48 9 per month 0.00 (0.0408)  8.18 (10.90)  27.98 
Target Corporation(0.45) 8 per month 0.00 (0.0175)  5.53 (6.59)  19.96 
Walgreens Boots Alliance(2.79) 10 per month 0.00  0.0053  6.47 (6.16)  29.44 
Additionally, take a look at Rite Aid Basic Forecasting Models to cross-verify your projections. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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