Reitmans Limited Stock Price on June 27, 2024

RET-A Stock  CAD 2.48  0.02  0.80%   
Below is the normalized historical share price chart for Reitmans Limited extending back to January 04, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reitmans stands at 2.48, as last reported on the 5th of January, with the highest price reaching 2.50 and the lowest price hitting 2.41 during the day.
200 Day MA
2.4629
50 Day MA
2.5614
Beta
0.078
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Reitmans Stock, it is important to understand the factors that can impact its price. At this stage we consider Reitmans Stock to be moderately volatile. Reitmans Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.005, which implies the firm had a 0.005% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Reitmans Limited, which you can use to evaluate the volatility of the company. Please check Reitmans' Coefficient Of Variation of (4,472), variance of 3.05, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0088%.
  
At this time, Reitmans' Common Stock is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 699.1 K in 2025, whereas Total Stockholder Equity is likely to drop slightly above 185.1 M in 2025. . Price Earnings Ratio is likely to climb to 18.57 in 2025, whereas Price To Sales Ratio is likely to drop 0.17 in 2025. Reitmans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.005

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Reitmans is not performing at its full potential. However, 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 by adding Reitmans to a well-diversified portfolio.
Price Book
0.413
Enterprise Value Ebitda
1.742
Price Sales
0.1558
Shares Float
40.4 M
Earnings Share
0.33

Reitmans Valuation on June 27, 2024

It is possible to determine the worth of Reitmans on a given historical date. On June 27, 2024 Reitmans was worth 2.4 at the beginning of the trading date compared to the closed value of 2.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reitmans stock. Still, in general, we apply an absolute valuation method to find Reitmans' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reitmans where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reitmans' related companies.
 Open High Low Close Volume
  2.42    2.42    2.41    2.41    550.00  
06/27/2024
  2.40    2.40    2.39    2.39    11,656  
  2.39    2.39    2.39    2.39    1.00  
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Open Value
2.4
2.39
Closing Value
7.69
Upside

Reitmans Trading Date Momentum on June 27, 2024

On June 28 2024 Reitmans Limited was traded for  2.39  at the closing time. The highest price during the trading period was 2.39  and the lowest recorded bid was listed for  2.39 . There was no trading activity during the period 1.0. Lack of trading volume on June 28, 2024 did not cause price change. The trading delta at closing time to the current price is 1.26% .

Reitmans Limited Fundamentals Correlations and Trends

By evaluating Reitmans' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reitmans' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reitmans financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Reitmans Stock history

Reitmans investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reitmans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reitmans Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reitmans stock prices may prove useful in developing a viable investing in Reitmans
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.4 M44 M
Net Income Applicable To Common Shares182 M191.1 M

Reitmans Stock Technical Analysis

Reitmans technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Reitmans technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Reitmans trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Reitmans Period Price Range

Low
January 5, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Reitmans Limited cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Reitmans January 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Reitmans stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reitmans shares will generate the highest return on investment. By undertsting and applying Reitmans stock market strength indicators, traders can identify Reitmans Limited entry and exit signals to maximize returns

Reitmans Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Reitmans' price direction in advance. Along with the technical and fundamental analysis of Reitmans Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reitmans to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Reitmans Stock Analysis

When running Reitmans' price analysis, check to measure Reitmans' 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 is operating at the current time. Most of Reitmans' value examination focuses on studying past and present price action to predict the probability of Reitmans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans' price. Additionally, you may evaluate how the addition of Reitmans to your portfolios can decrease your overall portfolio volatility.