Rite Aid Performance

Rite Aid Corporation -- USA Stock  

USD 1.85  0.04  2.21%

Macroaxis gives Rite Aid performance score of 0 on a scale of 0 to 100. The organization holds Beta of -2.5114 which implies as returns on market increase, returns on owning Rite Aid are expected to decrease by larger amounts. On the other hand, during market turmoil, Rite Aid is expected to significantly outperform it.. Even though it is essential to pay attention to Rite Aid current trending patternss, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Rite Aid exposes twenty-one different technical indicators which can help you to evaluate its performance. Rite Aid has expected return of -1.0446%. Please be advised to check Rite Aid Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Rite Aid past performance will be repeated at some point in the near future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  240  in Rite Aid Corporation on September 19, 2017 and sell it today you would lose (55)  from holding Rite Aid Corporation or give up 22.92% of portfolio value over 30 days. Rite Aid Corporation is generating negative expected returns assuming volatility of 4.0675% on return distribution over 30 days investment horizon. In other words, 38% of equities are less volatile than the company and above 99% 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 under-perform the market. In addition to that, the company is 17.66 times more volatile than its market benchmark. It trades about -0.26 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of volatility.

Rite Aid Daily Price Distribution

The median price of Rite Aid for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 2.05 with a coefficient of variation of 12.04. The daily time series for the period is distributed with a sample standard deviation of 0.25, arithmetic mean of 2.06, and mean deviation of 0.21. The Stock received some media coverage during the period.
0 

Risk-Adjusted Performance

Over the last 30 days Rite Aid Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Rite Aid Sharpe Ratio = -0.2568
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Estimated Market Risk

 4.07
  actual daily
 
 62 %
of total potential
  

Expected Return

 -1.04
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.26
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Rite Aid is performing at about 0% 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.