Reitmans Canada Stock Today
| RET Stock | CAD 3.00 0.07 2.39% |
Performance1 of 100
| Odds Of DistressLess than 3
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Reitmans Canada is selling for under 3.00 as of the 25th of April 2024; that is 2.39 percent increase since the beginning of the trading day. The stock's lowest day price was 2.94. Reitmans Canada has a very small chance of experiencing financial distress in the next few years but had a somewhat weak 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 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | Category Consumer Cyclical | Classification Consumer Discretionary |
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 1.98 K shares are at this time shorted by private and institutional investors with about 0.47 days to cover all short positions. More on Reitmans Canada
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Reitmans 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.
| CEO President | Andrea Limbardi | ||||
| Business Concentration | Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors) | ||||
Reitmans Canada's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Reitmans Canada's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Reitmans Canada's financial leverage. It provides some insight into what part of Reitmans Canada's total assets is financed by creditors.
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Reitmans Canada (RET) is traded on TSX Venture Exchange in Canada and employs 12 people. Reitmans Canada is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 129.6 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 Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 13.44 M outstanding shares of which 1.98 K shares are at this time shorted by private and institutional investors with about 0.47 days to cover all short positions.
Reitmans Canada has accumulated about 90.34 M in cash with 69.53 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 AllocationThe market capitalization of Reitmans Canada is C$129.6 Million. 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's 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 even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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 about 42.07%. 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 0.6231 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.
Based on a normal probability distribution, the odds of Reitmans Canada to move above the current price in 90 days from now is about 42.07 (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.
| Mean Deviation | 1.63 | |||
| Standard Deviation | 2.54 | |||
| Variance | 6.44 | |||
| Risk Adjusted Performance | 0.0068 |
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. Please also check how Reitmans Canada's historical prices are related to one of the top price index indicators.
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?
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Reitmans Canada Corporate Executives
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.
| Richard CPA | Executive CFO | Profile |
How to buy Reitmans Stock?
Before investing in Reitmans Canada, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Reitmans Canada. To buy Reitmans Canada stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Reitmans Canada. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Reitmans Canada stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Reitmans Canada stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Reitmans Canada stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Reitmans Canada, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already 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 Sharpe 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Canada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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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