Rite Aid Price on June 7, 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  14.92 , as last reported on the 13th of July 2020, with the highest price reaching  16.33  and the lowest price hitting  14.90  during the day. We consider Rite Aid slightly risky. Rite Aid maintains Sharpe Ratio (i.e. Efficiency) of 0.0238, which implies the firm had 0.0238% 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 check Rite Aid risk adjusted performance of 0.1892, coefficient of variation of 981.36, and semi deviation of 5.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.

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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.

Related Headline

SuperValu Headline on 13th of July 2020

Filed transaction by Supervalu Inc officer. General open market or private sale of non-derivative or derivative security

Rite Aid Valuation Near June 7, 2020

 Open High Low Close Volume
  13.35    13.67    13.03    13.31    2,862,213  
 06/04/2020 
  13.28    14.08    13.13    13.97    2,998,714  
  14.31    14.84    13.82    13.94    3,086,720  
Backtest Rite Aid  |  Rite Aid History  |  Rite Aid Valuation   PreviousNext  
Open Value
13.28
4th of June 2020
 
13.97
Closing Value
33.65
Upside
 

Rite Aid Trading Date Momentum on June 7, 2020

On June 05 2020 Rite Aid was traded for  13.94  at the closing time. Highest Rite Aid's price during the trading hours was 14.84  and the lowest price during the day was  13.82 . The net volume was 3.1 M. The overall trading history on the 5th of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.21% . The trading delta at closing time to current price is 8.38% .

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 1927 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
June 4, 2020
High
 13.28 
  
 13.97 
0.695.20%

Rite Aid July 13, 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 Performance0.1892
Jensen Alpha0.7144
Total Risk Alpha0.0745
Sortino Ratio0.0863
Treynor Ratio(3.39)
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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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