Rite Aid Price Prediction

Rite Aid Corporation -- USA Stock  

USD 1.81  0.02  1.09%

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.
Investment Horizon     30 Days    Login   to change

Rite Aid estimiated after-hype price volatility

 Next price density 
 
Expected price to next headline
October 20, 2017
1.81
Current Value
Downside upside
1.8
After-hype Price
Target Price Odds
 Above  Below  
13.98
Upside
Upside upside
Rite Aid is extremely 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
 1.22% 4.11% 0.04%  0.22% 1 Events / Month1 Events / MonthVery soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.811.81.64%
13,700% 

Rite Aid Hype Timeline

On 20 of October Rite Aid Corporation is traded for  1.81 . This company has historical hype elasticity of -0.04 and average elasticity to hype of competition of 0.22. Rite Aid Corporation is estimated to decline in value after the next headline with price expected to drop to 1.8. The average volatility of media hype impact on the company stock price is about 13700.0%. The closing price depreciation on the next news is expected to be -1.64% where as daily expected return is at this time at -1.22%. The volatility of related hype on Rite Aid is about 2304.67% with expected price after next announcement by competition of 2.03. About 55.0% of the company shares are owned by institutional investors. Book value of Rite Aid Corporation was at this time as 0.54. The company has Price/Earnings To Growth (PEG) ratio of 0.75. Rite Aid Corporation recorded loss per share of 0.06. This company last dividend was issued on 1999-10-14. The firm had 2:1 split on 1998-02-03. Considering 30-days investment horizon, the next estimated press release will be very soon.
Additionally take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.

Rite Aid Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Expected
Short fall
Potential
Upside
Value
At Risk
Maximum
Drawdown
Macys Inc 0.07 1 per month 0.00 (0.27)  0.00  1.75 (2.21)  6.01 
Dollar General Corporation 0.14 1 per month 0.41  0.17 (1.04)  2.16 (1.41)  3.59 
The Home Depot Inc(0.26) 1 per month 0.00 (0.0108) (0.41)  0.74 (0.4)  1.42 
Dollar Tree Inc 0.02 1 per month 0.00  0.32 (0.85)  2.16 (0.46)  3.74 
Vipshop Holdings Limited(0.25) 1 per month 0.00 (0.38)  0.00  1.78 (3.64)  6.23 
Aarons Inc 1.35 1 per month 0.71  0.14 (1.55)  3.27 (1.33)  7.36