Reitmans Stock Today

RET Stock  CAD 4.39  0.26  6.30%   
Market Performance
25 of 100
Odds Of Distress
Less than 39
Reitmans Canada is selling for under 4.39 as of the 5th of February 2023; that is 6.30 percent increase since the beginning of the trading day. The stock's lowest day price was 4.25. Reitmans Canada has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Reitmans Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of January 2022 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
January
Category
Consumer Cyclical
ISIN
CA7594041062
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 Commodity Exchange in Exotistan. The company has 13.44 M outstanding shares of which 45.9 K shares are at this time shorted by private and institutional investors with about 2.78 days to cover all short positions. More on Reitmans Canada

Moving together with Reitmans Canada

+0.61SGR-USlate Grocery REITPairCorr
+0.61FORZForza PetroleumPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Reitmans Canada Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Reitmans Canada's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reitmans Canada or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Reitmans Canada's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Reitmans Canada (RET) is traded on TSX Venture Exchange in Canada and employs 10 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 198.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reitmans Canada's market, we take the total number of its shares issued and multiply it by Reitmans Canada's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Reitmans Canada classifies itself under Consumer Cyclical sector and is part of Apparel Retail industry. The entity has 13.44 M outstanding shares of which 45.9 K shares are at this time shorted by private and institutional investors with about 2.78 days to cover all short positions. Reitmans Canada has accumulated about 90.34 M in cash with (24.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.85.
Check Reitmans Canada Probability Of Bankruptcy
Ownership
Reitmans Canada has a total of 13.44 Million outstanding shares. Reitmans Canada has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Reitmans Ownership Details

Reitmans Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Reitmans Canada jumping above the current price in 90 days from now is near 1%. The Reitmans Canada probability density function shows the probability of Reitmans Canada stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Reitmans Canada has a beta of 0.3301 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. Moreover, the company has an alpha of 1.2285, implying that it can generate a 1.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 4.39HorizonTargetOdds Above 4.39
99.86%90 days
 4.39 
0.13%
Based on a normal probability distribution, the odds of Reitmans Canada to move above the current price in 90 days from now is near 1 (This Reitmans Canada probability density function shows the probability of Reitmans Stock to fall within a particular range of prices over 90 days) .

Reitmans Canada Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reitmans Canada market risk premium is the additional return an investor will receive from holding Reitmans Canada long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Reitmans Canada. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Reitmans Canada's alpha and beta are two of the key measurements used to evaluate Reitmans Canada's performance over the market, the standard measures of volatility play an important role as well.

Reitmans Stock Against Markets

Picking the right benchmark for Reitmans Canada stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Reitmans Canada stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Reitmans Canada is critical whether you are bullish or bearish towards Reitmans Canada at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Reitmans Canada without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Headlines Timeline Now

   

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
All  Next Launch Module

Reitmans Canada Corporate Management

Elected by the shareholders, the Reitmans Canada's board of directors comprises two types of representatives: Reitmans Canada inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reitmans. The board's role is to monitor Reitmans Canada's management team and ensure that shareholders' interests are well served. Reitmans Canada's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reitmans Canada's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA - Ex CFOProfile
Katherine Chartrand - Director CommunicationsProfile
Stephen Reitman - Pres CEOProfile
Jeffrey Ronald - VicePres OperationsProfile
Gale Blank - Chief OfficerProfile
Jacqueline Tardif - Pres BrandProfile
Alain Murad - VP SecProfile

Invested in Reitmans Canada?

The danger of trading Reitmans Canada is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Reitmans Canada is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Reitmans Canada. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Reitmans Canada is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at Your Equity Center. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

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.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
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.