|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
to decide if Rite Aid
past performance will be repeated at some point in the near future.
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 (%)
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.
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.