Rite Aid Price Prediction

Rite Aid Corporation -- USA Stock  

USD 2.35  0.22  10.33%

Macroaxis is not in business of monitoring Rite Aid headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Rite Aid Corporation brand which may create opportunities for some arbitrage if properly timed. With Rite Aid hype-based prediction module you can estimate the value of Rite Aid Corporation from the prospective of Rite Aid response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Rite Aid over a specific investment horizon. Additionally take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.
 Time Horizon     30 Days    Login   to change

Rite Aid Estimiated After-Hype Price Volatility

 Next price density 
Expected price to next headline
February 20, 2018
Current Value
Downside upside
After-hype Price
Target Price Odds
 Above  Below  
Upside upside
Rite Aid is unusually risky asset. Analysis and calculation of next after-hype price of Rite Aid is based on 1 month time horizon.

Rite Aid Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.31% 2.75% 0.00%  0.00% 0 Events / Month0 Events / MonthWithin a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Rite Aid Hype Timeline

On 20 of February Rite Aid Corporation is traded for 2.35. This company stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Rite Aid Corporation is estimated not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 0.0%. The immediate return on the next news is estimated to be very small where as daily expected return is at this time at -0.31%. The volatility of relative hype elasticity to Rite Aid is about 0.0%%. The volatility of related hype on Rite Aid is about 0.0% with expected price after next announcement by competition of 2.35. About 49.0% of the company shares are owned by institutional investors. Book value of Rite Aid Corporation was at this time as 0.79. The company last dividend was issued on 1999-10-14. Rite Aid Corporation had 2:1 split on 1998-02-03. Considering 30-days investment horizon, the next estimated press release will be within a week.
Additionally take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.

Rite Aid Related Hype Analysis