Reitmans OTC Stock Performance

RTMAF -  USA Stock  

USD 0.54  0.00  0.00%

On a scale of 0 to 100, Reitmans Canada holds a performance score of 9. The company holds a Beta of -2.3896, which implies a somewhat significant risk relative to the market. Let's try to break down what Reitmans's beta means in this case. As returns on the market increase, returns on owning Reitmans Canada are expected to decrease by larger amounts. On the other hand, during market turmoil, Reitmans Canada is expected to outperform it. Although it is vital to follow Reitmans Canada current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Reitmans Canada, which you can use to evaluate the performance of the company. Please employ Reitmans Canada information ratio and the relationship between the maximum drawdown and skewness to make a quick decision on whether Reitmans Canada historical price patterns will revert.

Reitmans O TC Stock Performance 

 
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Reitmans Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Reitmans Canada are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, Reitmans Canada exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Reitmans Price Channel

Quick Ratio0.36
Fifty Two Week Low0.0500
Fifty Two Week High0.5444

Reitmans Canada Relative Risk vs. Return Landscape

If you would invest  34.00  in Reitmans Canada on September 1, 2021 and sell it today you would earn a total of  20.00  from holding Reitmans Canada or generate 58.82% return on investment over 90 days. Reitmans Canada is currently producing 0.923% returns and takes up 6.8983% volatility of returns over 90 trading days. Put another way, 59% of traded otc stocks are less volatile than Reitmans, and 83% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Reitmans Canada is expected to generate 8.98 times more return on investment than the market. However, the company is 8.98 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

Reitmans Canada Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Reitmans Canada's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Reitmans Canada, and traders can use it to determine the average amount a Reitmans Canada's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1338

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Estimated Market Risk
 6.9
  actual daily
 
 59 %
of total potential
 
5959
Expected Return
 0.92
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 17 %
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1717
Risk-Adjusted Return
 0.13
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 9 %
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99
Based on monthly moving average Reitmans Canada is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.

About Reitmans Canada Performance

To evaluate Reitmans Canada OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Reitmans Canada generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Reitmans OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Reitmans Canada stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Reitmans's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The company was founded in 1926 and is based in Montreal, Canada. Reitmans Canada is traded on OTC Exchange in the United States.

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.

Reitmans Canada Alerts

Equity Alerts and Improvement Suggestions

Reitmans Canada is way too risky over 90 days horizon
Reitmans Canada has some characteristics of a very speculative penny stock
Reitmans Canada appears to be risky and price may revert if volatility continues
Reitmans Canada has high likelihood to experience some financial distress in the next 2 years
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.
The entity reported the revenue of 601.6 M. Net Loss for the year was (1.96 M) with profit before overhead, payroll, taxes, and interest of 246.25 M.
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Additionally, take a look at Your Equity Center. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Reitmans Canada's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reitmans Canada. If investors know Reitmans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reitmans Canada listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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's underlying business (such as a 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.