Rite Aid Performance

Rite Aid Corporation -- USA Stock  

USD 1.83  0.02  1.08%

Rite Aid holds performance score of 11 on a scale of zero to a hundred. The organization holds Beta of 3.4728 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Rite Aid will likely underperform.. Although it is vital to follow to Rite Aid current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Rite Aid expected return of 1.0292 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Rite Aid Value At Risk as well as the relationship between Semi Variance and Kurtosis to analyze future returns on Rite Aid.
Investment Horizon     30 Days    Login   to change

Rite Aid Relative Risk vs. Return Landscape

If you would invest  154  in Rite Aid Corporation on November 16, 2017 and sell it today you would earn a total of  31  from holding Rite Aid Corporation or generate 20.13% return on investment over 30 days. Rite Aid Corporation is generating 1.0292% of daily returns assuming volatility of 5.7939% on return distribution over 30 days investment horizon. In other words, 53% of equities are less volatile than the company and above 81% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, Rite Aid Corporation is expected to generate 12.31 times more return on investment than the market. However, the company is 12.31 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.5 per unit of risk.

Rite Aid Daily Price Distribution

The median price of Rite Aid for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 1.81 with a coefficient of variation of 9.32. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 1.78, and mean deviation of 0.13. The Stock received some media coverage during the period.
11 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Rite Aid Corporation are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Rite Aid Sharpe Ratio = 0.1776
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsRAD
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

Estimated Market Risk

 5.79
  actual daily
 
 47 %
of total potential
  

Expected Return

 1.03
  actual daily
 
 19 %
of total potential
  

Risk-Adjusted Return

 0.18
  actual daily
 
 11 %
of total potential
  
Based on monthly moving average Rite Aid is performing at about 11% of its full potential. 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 it to a well-diversified portfolio.