Macerich Stock Market Value

MAC
 Stock
  

USD 12.68  0.06  0.48%   

Macerich's market value is the price at which a share of Macerich stock trades on a public exchange. It measures the collective expectations of Macerich Company investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Macerich Company and determine expected loss or profit from investing in Macerich over a given investment horizon. Additionally, see Macerich Correlation, Macerich Volatility and Macerich Alpha and Beta module to complement your research on Macerich.
Symbol


Is Macerich's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine Macerich value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macerich 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Macerich's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Macerich.
0.00
11/08/2022
No Change 0.00  0.0 
In 31 days
12/08/2022
0.00
If you would invest  0.00  in Macerich on November 8, 2022 and sell it all today you would earn a total of 0.00 from holding Macerich Company or generate 0.0% return on investment in Macerich over 30 days. Macerich is related to or competes with Chevron Corp, Merck, General Electric, Caterpillar, Home Depot, Microsoft, and Johnson Johnson. Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the ac... More

Macerich Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Macerich's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Macerich Company upside and downside potential and time the market with a certain degree of confidence.

Macerich Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Macerich's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macerich's standard deviation. In reality, there are many statistical measures that can use Macerich historical prices to predict the future Macerich's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Macerich's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Macerich in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.3612.6215.88
Details
Intrinsic
Valuation
LowReal ValueHigh
11.4114.6717.93
Details
Naive
Forecast
LowNext ValueHigh
8.8412.1015.35
Details
10 Analysts
Consensus
LowTarget PriceHigh
14.7519.8027.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Macerich. Your research has to be compared to or analyzed against Macerich's peers to derive any actionable benefits. When done correctly, Macerich's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Macerich.

Macerich Backtested Returns

Macerich appears to be not too volatile, given 3 months investment horizon. Macerich has Sharpe Ratio of 0.14, which conveys that the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Macerich, which you can use to evaluate the future volatility of the firm. Please exercise Macerich's Mean Deviation of 2.36, risk adjusted performance of 0.2567, and Downside Deviation of 2.83 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Macerich holds a performance score of 10. The company secures a Beta (Market Risk) of 1.5552, which conveys a somewhat significant risk relative to the market. Let's try to break down what Macerich's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Macerich will likely underperform. Although it is vital to follow Macerich price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Macerich technical indicators, you can presently evaluate if the expected return of 0.46% will be sustainable into the future. Please exercises Macerich Company coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance to make a quick decision on whether Macerich current price movements will revert.

Auto-correlation

    
  -0.87  

Excellent reverse predictability

Macerich Company has excellent reverse predictability. Overlapping area represents the amount of predictability between Macerich time series from 8th of November 2022 to 23rd of November 2022 and 23rd of November 2022 to 8th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Macerich price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Macerich price fluctuation can be explain by its past prices.
Correlation Coefficient-0.87
Spearman Rank Test-0.01
Residual Average0.0
Price Variance0.08

Macerich lagged returns against current returns

Autocorrelation, which is Macerich stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Macerich's stock expected returns. We can calculate the autocorrelation of Macerich returns to help us make a trade decision. For example, suppose you find that Macerich stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Macerich regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Macerich stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macerich stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macerich stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Macerich Lagged Returns

When evaluating Macerich's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macerich stock have on its future price. Macerich autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Macerich autocorrelation shows the relationship between Macerich stock current value and its past values and can show if there is a momentum factor associated with investing in Macerich Company.
   Regressed Prices   
Share
       Timeline  

Macerich Investors Sentiment

The influence of Macerich's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macerich. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Macerich's public news can be used to forecast risks associated with investment in Macerich. The trend in average sentiment can be used to explain how an investor holding Macerich can time the market purely based on public headlines and social activities around Macerich Company. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Macerich's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macerich's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macerich's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macerich.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macerich in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macerich's short interest history, or implied volatility extrapolated from Macerich options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Macerich using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Macerich Correlation, Macerich Volatility and Macerich Alpha and Beta module to complement your research on Macerich. Note that the Macerich information on this page should be used as a complementary analysis to other Macerich's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Macerich Stock analysis

When running Macerich price analysis, check to measure Macerich'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 Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Macerich 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 Macerich technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Macerich 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...