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Rite Aid Stock Performance

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RAD -- USA Stock  

Earning Report: April 9, 2020  

On a scale of 0 to 100 Rite Aid holds performance score of 3. The organization holds a Beta of 0.6833, which implies as returns on market increase, Rite Aid returns are expected to increase less than the market. However, during bear market, the loss on holding Rite Aid will be expected to be smaller as well. Although it is vital to follow to Rite Aid current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Rite Aid technical indicators you can presently evaluate if the expected return of 0.4302% will be sustainable into the future. Please employ Rite Aid Value At Risk, Kurtosis, Market Facilitation Index, as well as the relationship between Semi Variance and Rate Of Daily Change to make a quick decision on weather Rite Aid historical price patterns will revert.
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Rite Aid Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Rite Aid Corporation are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. In spite of rather weak fundamental drivers, Rite Aid exhibited solid returns over the last few months and may actually be approaching a breakup point.
Quick Ratio0.69
Fifty Two Week Low5.04
Target High Price12.00
Fifty Two Week High23.88
Target Low Price2.00

Rite Aid Relative Risk vs. Return Landscape

If you would invest  1,452  in Rite Aid Corporation on March 1, 2020 and sell it today you would earn a total of  68.00  from holding Rite Aid Corporation or generate 4.68% return on investment over 30 days. Rite Aid Corporation is generating 0.4302% of daily returns assuming volatility of 8.4142% on return distribution over 30 days investment horizon. In other words, 75% of equities are less volatile than the company and above 93% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
    
  Risk (%) 
Considering 30-days investment horizon, Rite Aid is expected to generate 2.19 times more return on investment than the market. However, the company is 2.19 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

Rite Aid Market Risk Analysis

Sharpe Ratio = 0.0511
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Rite Aid Stock Performance Indicators

Estimated Market Risk
 8.41
  actual daily
 
 75 %
of total potential
 
7575
Expected Return
 0.43
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
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Based on monthly moving average Rite Aid is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rite Aid by adding it to a well-diversified portfolio.

Rite Aid Alerts

Equity Alerts and Improvement Suggestions

Rite Aid has very high historical volatility over the last 30 days
Rite Aid has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
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.
RITE AID CP has about 149.12 M in cash with (198.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.81.
Latest headline from newswelcome.com: Rite Aid Corporation Stock Spotted change of -2.49 percent to 14.11 - News Welcome
Additionally, take a look at Your Equity Center. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page