Reitmans Canada Stock Probability of Future Stock Price Finishing Under 4.39
| RET Stock | CAD 3.00 0.07 2.39% |
Reitmans |
Reitmans Canada Target Price Odds to finish below 4.39
The tendency of Reitmans Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under C$ 4.39 after 90 days |
| 3.00 | 90 days | 4.39 | close to 99 |
Based on a normal probability distribution, the odds of Reitmans Canada to stay under C$ 4.39 after 90 days from now is close to 99 (This Reitmans Canada probability density function shows the probability of Reitmans Stock to fall within a particular range of prices over 90 days) . Probability of Reitmans Canada price to stay between its current price of C$ 3.00 and C$ 4.39 at the end of the 90-day period is about 42.07 .
Assuming the 90 days horizon Reitmans Canada has a beta of 0.62 indicating as returns on the market go up, Reitmans Canada average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Reitmans Canada will be expected to be much smaller as well. Additionally Reitmans Canada has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Reitmans Canada Price Density |
| Price |
Predictive Modules for Reitmans Canada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reitmans Canada. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reitmans Canada's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Reitmans Canada Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Reitmans Canada is not an exception. The market had few large corrections towards the Reitmans Canada's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Reitmans Canada, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Reitmans Canada within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 0.62 | |
σ | Overall volatility | 0.10 | |
Ir | Information ratio | -0.04 |
Reitmans Canada Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Reitmans Canada for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Reitmans Canada can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 62.35 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Reitmans Canada has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Reitmans Canada until it has trouble settling it off, either with new capital or with free cash flow. So, Reitmans Canada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Reitmans Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reitmans to invest in growth at high rates of return. When we think about Reitmans Canada's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Reitmans Canada outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Reitmans Canada flat on Friday - The Globe and Mail |
Reitmans Canada Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Reitmans Stock often depends not only on the future outlook of the current and potential Reitmans Canada's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Reitmans Canada's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49.3 M |
Reitmans Canada Technical Analysis
Reitmans Canada's future price can be derived by breaking down and analyzing its technical indicators over time. Reitmans Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Reitmans Canada. In general, you should focus on analyzing Reitmans Stock price patterns and their correlations with different microeconomic environments and drivers.
Reitmans Canada Predictive Forecast Models
Reitmans Canada's time-series forecasting models is one of many Reitmans Canada's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Reitmans Canada's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Reitmans Canada
Checking the ongoing alerts about Reitmans Canada for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Reitmans Canada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 62.35 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Reitmans Canada has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Reitmans Canada until it has trouble settling it off, either with new capital or with free cash flow. So, Reitmans Canada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Reitmans Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reitmans to invest in growth at high rates of return. When we think about Reitmans Canada's use of debt, we should always consider it together with cash and equity. | |
| About 58.0% of Reitmans Canada outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Closing Bell Reitmans Canada flat on Friday - The Globe and Mail |
Check out Reitmans Canada Backtesting, Reitmans Canada Valuation, Reitmans Canada Correlation, Reitmans Canada Hype Analysis, Reitmans Canada Volatility, Reitmans Canada History as well as Reitmans Canada Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Reitmans Stock analysis
When running Reitmans Canada's price analysis, check to measure Reitmans Canada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reitmans Canada is operating at the current time. Most of Reitmans Canada's value examination focuses on studying past and present price action to predict the probability of Reitmans Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans Canada's price. Additionally, you may evaluate how the addition of Reitmans Canada to your portfolios can decrease your overall portfolio volatility.
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