Rite Aid Performance

RAD -- USA Stock  

USD 1.82  0.06  3.41%

Macroaxis gives Rite Aid performance score of 0 on a scale of 0 to 100. The organization holds Beta of 1.3784 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.. 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-eight different technical indicators which can help you to evaluate its performance. Rite Aid has expected return of -0.2278%. Please be advised to check Rite Aid Value At Risk, Kurtosis, Market Facilitation Index, as well as the relationship between Semi Variance and Rate Of Daily Change 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  192.00  in Rite Aid Corporation on June 19, 2018 and sell it today you would lose (12.00)  from holding Rite Aid Corporation or give up 6.25% of portfolio value over 30 days. Rite Aid Corporation is generating negative expected returns assuming volatility of 3.629% on return distribution over 30 days investment horizon. In other words, 33% 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 6.17 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

Rite Aid Market Risk Analysis

Sharpe Ratio = -0.0628
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Rite Aid Relative Performance Indicators

Estimated Market Risk
 3.63
  actual daily
 
 67 %
of total potential
  
Expected Return
 -0.23
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.06
  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.

Performance Rating

Rite Aid Corporation Risk Adjusted Performance Analysis
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.

Rite Aid Alerts

Equity Alerts and Improvement Suggestions
Rite Aid generates negative expected return over the last 30 days
Rite Aid may become a speculative penny stock
Rite Aid has high historical volatility and very poor performance
Rite Aid has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company reported last year revenue of 21.48 B. Reported Net Loss for the year was (355.22 M) with profit before taxes, overhead, and interest of 4.78 B.
Latest headline from www.nbc-2.com: Rite Aid poised to sell its first cannabis-derived drug
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