Rite Aid Price on November 30, 2023
| RADDelisted Stock | USD 0.17 0.01 5.56% |
If you're considering investing in Rite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rite Aid stands at 0.17, as last reported on the 30th of April, with the highest price reaching 0.18 and the lowest price hitting 0.15 during the day. We have found eight technical indicators for Rite Aid, which you can use to evaluate the volatility of the company. Please check Rite Aid's Market Facilitation Index of 0.03, accumulation distribution of 0.17, and Day Median Price of 0.16 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Rite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rite |
Sharpe Ratio = 0.0
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Based on monthly moving average Rite Aid is not performing at its full potential. However, 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 Rite Aid to a well-diversified portfolio.
Rite Aid Valuation on November 30, 2023
It is possible to determine the worth of Rite Aid on a given historical date. On November 30, 2023 Rite was worth 0.2 at the beginning of the trading date compared to the closed value of 0.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rite Aid stock. Still, in general, we apply an absolute valuation method to find Rite Aid's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rite Aid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rite Aid's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.22 | 0.20 | 0.22 | 754,677 | |
11/30/2023 | 0.20 | 0.22 | 0.20 | 0.21 | 475,777 |
| 0.20 | 0.21 | 0.20 | 0.21 | 312,488 |
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Rite Aid Trading Date Momentum on November 30, 2023
| On December 01 2023 Rite Aid was traded for 0.21 at the closing time. Highest Rite Aid's price during the trading hours was 0.21 and the lowest price during the day was 0.20 . The net volume was 312.5 K. The overall trading history on the 1st of December did not cause price change. The trading delta at closing time to current price is 0.00% . |
Rite Aid Fundamentals Correlations and Trends
By evaluating Rite Aid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rite Aid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rite financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 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 stock prices may prove useful in developing a viable investing in Rite Aid
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 Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Rite Aid Period Price Range
Low | November 30, 2023
| High |
0.20 | 0.21 |
Rite Aid April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Rite Aid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rite Aid shares will generate the highest return on investment. By undertsting and applying Rite Aid stock market strength indicators, traders can identify Rite Aid entry and exit signals to maximize returns
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Rite Aid information on this page should be used as a complementary analysis to other Rite Aid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Rite Stock
If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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