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.
On 22 of June Rite Aid Corporation is traded for 1.92. This company has historical hype elasticity of 0.06 and average elasticity to hype of competition of 0.44. Rite Aid Corporation is estimated to increase in value after the next headline with price going to jump to 1.98. The average volatility of media hype impact on the company stock price is about 2762.5%. The price escalation on the next news is estimated to be 3.13% where as daily expected return is at this time at 0.78%. The volatility of related hype on Rite Aid is about 391.84% with expected price after next announcement by competition of 2.36. The company has 3.39 B in debt with debt to equity (D/E) ratio of 211.8 . This implies that the company may be unable to create cash to meet all of its financial commitments. Considering 30-days investment horizon, the next estimated press release will be in about 5 days. Additionally take a look at Rite Aid Basic Forecasting Models to cross-verify your projections.