Rite Aid Corporation has a volatility of 3.37 and is 5.35 times more volatile than DOW. 30%
of all equities and portfolios are less risky than Rite Aid. Compared to the overall equity markets, volatility of historical daily returns of Rite Aid Corporation is lower than 30 (%)
of all global equities and portfolios over the last 30 days. Use Rite Aid Corporation to enhance returns of your portfolios. The stock experiences very speculative upward sentiment.. Check odds of Rite Aid to be traded at $2.2 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Rite Aid will likely underperform.
Rite Aid correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Rite Aid Corp. and equity matching DJI index in the same portfolio.