Reitmans Limited Stock Price on August 20, 2021

RTMAF Stock  USD 1.80  0.06  3.23%   
If you're considering investing in Reitmans Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Reitmans (Canada) stands at 1.80, as last reported on the 16th of April 2024, with the highest price reaching 1.80 and the lowest price hitting 1.80 during the day. Reitmans (Canada) maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Reitmans (Canada) exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reitmans (Canada)'s Coefficient Of Variation of (754.91), risk adjusted performance of (0.08), and Variance of 0.438 to confirm the risk estimate we provide.
  
Reitmans Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1129

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Estimated Market Risk

 0.67
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Reitmans (Canada) is not performing at its full potential. However, 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 Reitmans (Canada) by adding Reitmans (Canada) to a well-diversified portfolio.

Reitmans (Canada) Valuation on August 20, 2021

It is possible to determine the worth of Reitmans (Canada) on a given historical date. On August 20, 2021 Reitmans was worth 1.28 at the beginning of the trading date compared to the closed value of 1.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reitmans (Canada) pink sheet. Still, in general, we apply an absolute valuation method to find Reitmans (Canada)'s value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reitmans (Canada) where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reitmans (Canada)'s related companies.
 Open High Low Close Volume
04/01/2022
  1.28    1.28    1.28    1.28    2,400  
  1.26    1.28    1.25    1.25    3,900  
Backtest Reitmans (Canada)  |  Reitmans (Canada) History  |  Reitmans (Canada) Valuation Next  
Open Value
1.28
1.28
Closing Value
3.28
Upside

Reitmans (Canada) Trading Date Momentum on August 20, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Reitmans (Canada) Fundamentals Correlations and Trends

By evaluating Reitmans (Canada)'s financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reitmans (Canada)'s main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reitmans financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Reitmans (Canada) Pink Sheet history

Reitmans (Canada) investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reitmans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reitmans (Canada) will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reitmans (Canada) stock prices may prove useful in developing a viable investing in Reitmans (Canada)
Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The company was founded in 1926 and is headquartered in Montreal, Canada. Reitmans Canada is traded on OTC Exchange in the United States.

Reitmans (Canada) Pink Sheet Technical Analysis

Reitmans (Canada) technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Reitmans (Canada) technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Reitmans (Canada) trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Reitmans (Canada) Period Price Range

Low
April 1, 2022
0.00  0.00%
High

 1.28 

     

 1.28 

Reitmans (Canada) April 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Reitmans (Canada) pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reitmans (Canada) shares will generate the highest return on investment. By undertsting and applying Reitmans (Canada) pink sheet market strength indicators, traders can identify Reitmans Limited entry and exit signals to maximize returns

Reitmans (Canada) Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Reitmans (Canada)'s price direction in advance. Along with the technical and fundamental analysis of Reitmans Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reitmans to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Reitmans (Canada) information on this page should be used as a complementary analysis to other Reitmans (Canada)'s statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Reitmans Pink Sheet 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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Please note, there is a significant difference between Reitmans (Canada)'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Reitmans (Canada) is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reitmans (Canada)'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.