Rite Aid is UNDERVALUED at 2.03 per share with modest projections ahead. About 47.0% of the company shares are owned by
institutional investors. Insiders ownership of Rite Aid refers to the amount of Rite Aid equity owned by Rite officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Rite, including its current
ownership diagnostics.
There are currently many different techniques concerning forecasting the market as a whole as well as
predicting future values of individual securities such as Rite Aid. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the
market sentiment and impact your forecasting results.
Predictive Modules for Rite Aid
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rite Aid. Your research has to be compared to or analyzed against Rite Aid's peers to derive any actionable benefits. When done correctly, Rite Aid's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rite Aid.
How important is Rite Aid's Liquidity
Rite Aid
financial leverage refers to using borrowed capital as a funding source to finance Rite Aid ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Rite Aid financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Rite Aid's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Rite Aid's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Rite Aid's total debt and its cash.
Breaking down Rite Aid Indicators
Rite Aid exhibits very low volatility with skewness of -0.01 and kurtosis of 0.2. However, we advise investors to further study Rite Aid technical indicators to ensure that all market info is available and is reliable. Understanding different
market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Rite Aid's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact
Rite Aid's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Returns Breakdown
| Return on Investment | (12.7) |
| Return on Assets | (0.0716) |
| Return on Equity | 0.88 |
| Return Capital | (0.02) |
| Return on Sales | (0.007368) |
Does Rite Aid have cash to continue?
Rite Aid skewness is up to -0.01.
Rite Aid exhibits very low volatility with skewness of -0.01 and kurtosis of 0.2. However, we advise investors to further study Rite Aid technical indicators to ensure that all market info is available and is reliable. Understanding different
market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Rite Aid's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact
Rite Aid's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Perspective on Rite Aid
Although many of the other players in the pharmaceutical retailers industry are either recovering or due for a correction, Rite Aid may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current Rite valuation and our trade advice on Rite Aid is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Rite Aid.
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Rite Aid. Please refer to our
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