Rite Aid Price on May 6, 2020 Breakdown

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RAD -- USA Stock  

Fiscal Quarter End: 31st of August 2020  

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 10th 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 0.0678, which implies the firm had 0.0678% 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 5.45, coefficient of variation of 984.38, and risk adjusted performance of 0.1922 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.

Date Headline

Rite Aid Headline on 6th of May 2020

Filed transaction by Rite Aid Corp officer. Payment of exercise price or tax liability by delivering or withholding securities

Rite Aid Valuation Near May 6, 2020

 Open High Low Close Volume
  13.40    13.53    12.98    13.08    2,904,578  
 05/06/2020 
  13.26    13.28    12.56    12.63    2,836,834  
  12.81    13.87    12.77    13.16    3,608,719  
Backtest Rite Aid  |  Rite Aid History  |  Rite Aid Valuation   PreviousNext  
Open Value
13.26
6th of May 2020
 
12.63
Closing Value
33.66
Upside
 

Rite Aid Trading Date Momentum on May 6, 2020

On May 07 2020 Rite Aid was traded for  13.16  at the closing time. Highest Rite Aid's price during the trading hours was 13.87  and the lowest price during the day was  12.77 . The net volume was 3.6 M. The overall trading history on the 7th of May contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 4.20% . The trading delta at closing time to current price is 2.93% .

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
May 6, 2020
High
 13.26 
  
 12.63 
-0.63-4.75%

Rite Aid July 10, 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 Performance0.1922
Jensen Alpha0.8209
Total Risk Alpha0.089
Sortino Ratio0.0861
Treynor Ratio(0.77)
Cycle Indicators
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