Rite Aid Price Prediction
| RADDelisted Stock | USD 1.56 0.04 2.50% |
Oversold Vs Overbought
43
Oversold | Overbought |
Using Rite Aid hype-based prediction, you can estimate the value of Rite Aid from the perspective of Rite Aid response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Rite Aid to buy its stock at a price that has no basis in reality. In that case, they are not buying Rite because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Rite Aid after-hype prediction price | USD 1.56 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Rite |
Rite Aid After-Hype Price Prediction Density Analysis
As far as predicting the price of Rite Aid at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Rite Aid or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Rite Aid, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Rite Aid Estimiated After-Hype Price Volatility
In the context of predicting Rite Aid's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Rite Aid's historical news coverage. Rite Aid's after-hype downside and upside margins for the prediction period are 1.56 and 1.56, respectively. We have considered Rite Aid's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Rite Aid is very steady at this time. Analysis and calculation of next after-hype price of Rite Aid is based on 3 months time horizon.
Rite Aid Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Rite Aid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rite Aid backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Delisted Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Rite Aid, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 5 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.56 | 1.56 | 0.00 |
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Rite Aid Hype Timeline
On the 26th of November Rite Aid is traded for 1.56. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Rite is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Rite Aid is about 0.0%, with the expected price after the next announcement by competition of 1.56. About 49.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.87. Rite Aid recorded a loss per share of 14.34. The entity last dividend was issued on the 14th of October 1999. The firm had 1:20 split on the 22nd of April 2019. Considering the 90-day investment horizon the next forecasted press release will be within a week. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.Rite Aid Related Hype Analysis
Having access to credible news sources related to Rite Aid's direct competition is more important than ever and may enhance your ability to predict Rite Aid's future price movements. Getting to know how Rite Aid's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Rite Aid may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PETS | PetMed Express | 0.05 | 8 per month | 2.69 | 0.12 | 6.17 | (4.89) | 43.08 | |
| HITI | High Tide | 0.09 | 9 per month | 2.56 | 0.15 | 7.01 | (3.43) | 18.60 | |
| CJJD | China Jo Jo Drugstores | 0.08 | 5 per month | 5.55 | 0.06 | 10.96 | (8.87) | 38.42 | |
| BIMI | Bimi International Medical | 0.00 | 0 per month | 0.00 | (0.05) | 22.67 | (58.33) | 206.98 | |
| WBA | Walgreens Boots Alliance | (0.23) | 8 per month | 0.00 | (0.06) | 5.22 | (4.07) | 22.71 | |
| MEDS | Trxade Group | (0.90) | 6 per month | 0.00 | (0.03) | 15.93 | (15.66) | 59.53 | |
| MDVL | Medavail Holdings | 0.04 | 1 per month | 6.05 | 0.02 | 16.00 | (12.50) | 52.11 | |
| SSY | SunLink Health Systems | 0.01 | 5 per month | 0.00 | (0.04) | 6.74 | (8.05) | 20.59 | |
| LFLY | Leafly Holdings | 0.06 | 6 per month | 0.00 | (0.05) | 6.98 | (7.60) | 51.83 |
Rite Aid Additional Predictive Modules
Most predictive techniques to examine Rite price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rite using various technical indicators. When you analyze Rite charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Rite Aid Predictive Indicators
The successful prediction of Rite Aid stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Rite Aid, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Rite Aid based on analysis of Rite Aid hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Rite Aid's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Rite Aid's related companies.
Story Coverage note for Rite Aid
The number of cover stories for Rite Aid depends on current market conditions and Rite Aid's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Rite Aid is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Rite Aid's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Rite Aid Short Properties
Rite Aid's future price predictability will typically decrease when Rite Aid's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Rite Aid often depends not only on the future outlook of the potential Rite Aid's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rite Aid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55 M | |
| Cash And Short Term Investments | 157.2 M |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Rite Stock
If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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