Rite Aid Price on April 29, 2020 Breakdown

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RAD -- USA Stock  

Downward Rally

Rite Aid stock price history is provided at the adjusted bases, taking into account all of the recent filings. As of today the current price of Rite Aid is  16.46 , as last reported on the 9th of July, with the highest price reaching  17.87  and the lowest price hitting  16.43  during the day. Rite Aid appears to be somewhat reliable, given 3 months investment horizon. Rite Aid maintains Sharpe Ratio (i.e. Efficiency) of 0.0683, which implies the firm had 0.0683% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Rite Aid, which you can use to evaluate future volatility of the company. Please employ Rite Aid semi deviation of 5.25, risk adjusted performance of 0.2531, and coefficient of variation of 746.07 to confirm if our risk estimates are consistent with your expectations.

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The current year Net Income Common Stock is expected to grow to about 2 B. The current year Price to Book Value is expected to grow to 133.35. The current year Price to Earnings Ratio is expected to grow to 3.57.

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Rite Aid Valuation Near April 29, 2020

 Open High Low Close Volume
  15.50    16.30    15.05    15.85    4,653,044  
 04/29/2020 
  15.85    15.55    15.85    15.55    1.00  
  15.51    15.61    14.10    14.33    4,994,936  
Backtest Rite Aid  |  Rite Aid History  |  Rite Aid Valuation   PreviousNext  
Open Value
15.85
29th of April 2020
 
15.55
Closing Value
36.42
Upside
 

Rite Aid Trading Date Momentum on April 29, 2020

On April 30 2020 Rite Aid was traded for  14.33  at the closing time. Highest Rite Aid's price during the trading hours was 15.61  and the lowest price during the day was  14.10 . The net volume was 5 M. The overall trading history on the 30th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 7.85% . The trading delta at closing time to current price is 14.08% .

Rite Aid Fundamentals Correlations and Trends

About Rite Aid Stock history

Rite Aid investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rite Aid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rite Aid will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rite Aid historical stock prices may prove useful in developing a viable investing in Rite Aid
Last ReportedProjected for 2020
Weighted Average Shares53.2 M48.4 M
Weighted Average Shares Diluted53.2 M48.7 M
Issuance Purchase of Equity Shares27.7 M39.9 M
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in the United States and is traded on BATS Exchange. It employs 29840 people.

Rite Aid Stock Technical Analysis

Rite Aid technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rite Aid technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rite Aid trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rite Aid Period Price Range

Low
April 29, 2020
High
 15.85 
  
 15.55 
-0.3-1.89%

Rite Aid July 9, 2020 Market Strength

Rite Aid Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rite Aid stock's direction in advance. Along with the technical and fundamental analysis of Rite Aid historical stock price patterns, it is also worthwhile for investors to track various predictive indicators of Rite Aid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance0.2531
Jensen Alpha0.6545
Total Risk Alpha0.3082
Sortino Ratio0.1229
Treynor Ratio0.5984
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Additionally, take a look at Your Equity Center. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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