Reitmans Canada Stock Price on September 5, 2023
| RET Stock | CAD 2.75 0.01 0.36% |
If you're considering investing in Reitmans Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reitmans Canada stands at 2.75, as last reported on the 13th of December 2024, with the highest price reaching 2.76 and the lowest price hitting 2.75 during the day. At this stage we consider Reitmans Stock to be risky. Reitmans Canada maintains Sharpe Ratio (i.e., Efficiency) of 0.0089, which implies the firm had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Reitmans Canada, which you can use to evaluate the volatility of the company. Please check Reitmans Canada's Coefficient Of Variation of 4425.15, semi deviation of 2.59, and Risk Adjusted Performance of 0.0242 to confirm if the risk estimate we provide is consistent with the expected return of 0.029%.
At this time, Reitmans Canada's Common Stock is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 608 K in 2024, whereas Other Stockholder Equity is likely to drop (1 M) in 2024. . Price To Sales Ratio is likely to drop to 0.15 in 2024. Price Earnings Ratio is likely to drop to 8.10 in 2024. Reitmans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reitmans |
Sharpe Ratio = 0.0089
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| Negative Returns | RET |
Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.03 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 Canada 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 Canada by adding Reitmans Canada to a well-diversified portfolio.
Price Book 0.4638 | Enterprise Value Ebitda 1.6495 | Price Sales 0.1614 | Shares Float 40.4 M | Earnings Share 0.39 |
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Reitmans Canada Valuation on September 5, 2023
It is possible to determine the worth of Reitmans Canada on a given historical date. On September 5, 2023 Reitmans was worth 3.54 at the beginning of the trading date compared to the closed value of 3.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reitmans Canada stock. Still, in general, we apply an absolute valuation method to find Reitmans Canada's 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 Canada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reitmans Canada's related companies.
| Open | High | Low | Close | Volume | |
| 3.54 | 3.54 | 3.54 | 3.54 | 200.00 | |
09/05/2023 | 3.54 | 3.54 | 3.50 | 3.50 | 2,000 |
| 3.51 | 3.51 | 3.51 | 3.51 | 2,000 |
| Backtest Reitmans Canada | | | Reitmans Canada History | | | Reitmans Canada Valuation | Previous | Next |
Reitmans Canada Trading Date Momentum on September 5, 2023
| On September 06 2023 Reitmans Canada was traded for 3.51 at the closing time. The highest daily price throughout the period was 3.51 and the lowest price was 3.51 . The daily volume was 2 K. The net trading volume on 09/06/2023 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 0.29% . The trading delta at closing time to current closing price is 0.00% . |
Reitmans Canada Fundamentals Correlations and Trends
By evaluating Reitmans Canada's 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 Canada's 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 Canada Stock history
Reitmans Canada 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 Canada 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 Canada stock prices may prove useful in developing a viable investing in Reitmans Canada
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 49.3 M | 44 M | |
| Net Income Applicable To Common Shares | 182 M | 191.1 M |
Reitmans Canada Stock Technical Analysis
Reitmans Canada 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.
Price Boundaries
Reitmans Canada Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Reitmans Canada 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 Canada December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Reitmans Canada 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 Canada shares will generate the highest return on investment. By undertsting and applying Reitmans Canada stock market strength indicators, traders can identify Reitmans Canada entry and exit signals to maximize returns
Reitmans Canada Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reitmans Canada's 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.
| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | 0.0549 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.8288 |
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Additional 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.