Rite Aid Performance

Rite Aid Corporation -- USA Stock  

USD 1.52  0.06  3.80%

Macroaxis gives Rite Aid performance score of 0 on a scale of 0 to 100. The organization holds Beta of -0.5174 which implies as returns on market increase, returns on owning Rite Aid are expected to decrease at a much smaller rate. During bear market, Rite Aid is likely to outperform the market.. Even though it is essential to pay attention to Rite Aid current trending patterns, 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 -1.6701%. 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.
 Time Horizon     30 Days    Login   to change

Rite Aid Relative Risk vs. Return Landscape

If you would invest  220.00  in Rite Aid Corporation on February 18, 2018 and sell it today you would lose (67.00)  from holding Rite Aid Corporation or give up 30.45% of portfolio value over 30 days. Rite Aid Corporation is generating negative expected returns assuming volatility of 3.0375% on return distribution over 30 days investment horizon. In other words, 28% 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 3.25 times more volatile than its market benchmark. It trades about -0.55 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of volatility.

Operating Margin

Rite Aid Operating Margin
Based on recorded statements Rite Aid Corporation has Operating Margin of 2.93%. This is 156.02% lower than that of the Services sector, and significantly higher than that of Diversified Wholesale And Retail industry, The Operating Margin for all stocks is 126.86% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

Rite Aid Daily Price Distribution

The median price of Rite Aid for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 1.9 with a coefficient of variation of 10.88. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 1.86, and mean deviation of 0.17. The Stock received some media coverage during the period.

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 = -0.5498
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Estimated Market Risk

  actual daily
 72 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  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.