Macerich Stock Technical Analysis

MAC
 Stock
  

USD 12.52  0.04  0.32%   

As of the 4th of December, Macerich secures the Mean Deviation of 2.37, downside deviation of 2.74, and Risk Adjusted Performance of 0.2242. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Macerich, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Macerich, which can be compared to its peers in the industry. Please verify Macerich coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Macerich Company is priced some-what accurately, providing market reflects its recent price of 12.52 per share. Given that Macerich has jensen alpha of 0.316, we recommend you to check Macerich's last-minute market performance to make sure the company can sustain itself at a future point.
  

Macerich Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Macerich, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Macerich
Macerich's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Macerich Analyst Consensus

Target PriceAdvice# of Analysts
19.81Sell9Odds
Macerich Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Macerich analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Macerich stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Macerich, talking to its executives and customers, or listening to Macerich conference calls.
Macerich Analyst Advice Details
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...

Macerich Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Macerich volatility developed by Welles Wilder.
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Macerich Trend Analysis

Use this graph to draw trend lines for Macerich Company. You can use it to identify possible trend reversals for Macerich as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Macerich price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Macerich Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Macerich Company applied against its price change over selected period. The best fit line has a slop of   0.1  , which may imply that Macerich Company will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 370.07, which is the sum of squared deviations for the predicted Macerich price change compared to its average price change.

About Macerich Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Macerich Company on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Macerich Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Macerich price pattern first instead of the macroeconomic environment surrounding Macerich. By analyzing Macerich's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Macerich's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Macerich specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 (projected)
Long Term Debt to Equity1.982.681.49
Interest Coverage1.491.170.65

Macerich December 4, 2022 Technical Indicators

Most technical analysis of Macerich help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Macerich from various momentum indicators to cycle indicators. When you analyze Macerich charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Macerich December 4, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Macerich stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, see Correlation Analysis. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.
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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.
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
0.031
Return On Assets
0.0092
Return On Equity
(0.0301) 
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.