Reitmans Beta

RTMAF -  USA Stock  

USD 0.54  0.00  0.00%

Reitmans Canada fundamentals help investors to digest information that contributes to Reitmans Canada's financial success or failures. It also enables traders to predict the movement of Reitmans OTC Stock. This fundamental analysis module provides a way for investors to measures Reitmans Canada's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reitmans Canada otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Reitmans Beta 

 
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Reitmans Beta Analysis

Reitmans Canada's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current Reitmans Canada Beta

    
  0.62  
Most of Reitmans Canada's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reitmans Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition
In accordance with the recently published financial statements, Reitmans Canada has a Beta of 0.62. This is much higher than that of the sector and significantly higher than that of the Beta industry. The beta for all United States stocks is notably lower than that of the firm.

Reitmans Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reitmans Canada's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Reitmans Canada could also be used in its relative valuation, which is a method of valuing Reitmans Canada by comparing valuation metrics of similar companies.
Reitmans Canada is currently under evaluation in beta category among related companies.

Reitmans Canada Institutional Holders

Institutional Holdings refers to the ownership stake in Reitmans Canada that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Reitmans Canada's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Reitmans Canada's value.
Security TypeSharesValue
Hexavest IncCommon Shares903 KM
Hexavest IncCommon Shares903 K3.7 M
Hexavest IncCommon Shares870.1 K3.8 M
Hexavest IncCommon Shares811.6 K4.1 M
Hexavest IncCommon Shares818.1 K2.8 M
Hexavest IncCommon Shares883.7 K2.8 M
Hexavest IncCommon Shares890.3 K2.6 M
Let's try to break down what Reitmans's beta means in this case. As returns on the market increase, Reitmans Canada returns are expected to increase less than the market. However, during the bear market, the loss on holding Reitmans Canada will be expected to be smaller as well.

Reitmans Fundamentals

About Reitmans Canada Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reitmans Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reitmans Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reitmans Canada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The companys products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, footwear, and accessories. It also offers apparel for men. The company serves customers through retail and e-commerce channels. As of October 31, 2020, it operated 418 stores, including 247 Reitmans, 92 Penningtons, and 79 RWCO. The company was founded in 1926 and is based in Montreal, Canada.

Reitmans Canada Investors Sentiment

The influence of Reitmans Canada's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Reitmans. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - RTMAF

Reitmans Canada Investor Sentiment

Most of Macroaxis users are at this time bullish on Reitmans Canada. What is your perspective on investing in Reitmans Canada? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, take a look at Reitmans Canada Piotroski F Score and Reitmans Canada Altman Z Score analysis. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Reitmans Canada 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 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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The market value of Reitmans Canada is measured differently than its book value, which is the value of Reitmans that is recorded on the company's balance sheet. Investors also form their own opinion of Reitmans Canada's value that differs from its market value or its book value, called intrinsic value, which is Reitmans Canada's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reitmans Canada's market value can be influenced by many factors that don't directly affect Reitmans Canada underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Reitmans Canada value 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.