Macys Stock Chance of Future Stock Price Finishing Over 18.96

M
 Stock
  

USD 23.46  0.28  1.21%   

Macys' future price is the expected price of Macys instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Macys Inc performance during a given time horizon utilizing its historical volatility. Price to Book Value is expected to hike to 3.26 this year. Price to Earnings Ratio is expected to hike to 10.69 this year.
  
Macys' implied volatility is one of the determining factors in the pricing options written on Macys Inc. Implied volatility approximates the future value of Macys based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Macys Inc over a specific time period. For example, 2022-12-09 CALL at $23.5 is a CALL option contract on Macys' common stock with a strick price of 23.5 expiring on 2022-12-09. The contract was last traded on 2022-12-02 at 15:59:39 for $0.49 and, as of today, has 6 days remaining before the expiration. The option is currently trading at a bid price of $0.49, and an ask price of $0.52. The implied volatility as of the 3rd of December is 42.2921. View All Macys options

Closest to current price Macys long CALL Option Payoff at Expiration

Additionally, see Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History as well as Macys Performance. Please specify Macys time horizon, a valid symbol (red box) and a target price (blue box) you would like Macys odds to be computed.

Macys Target Price Odds to finish over 18.96

The tendency of Macys Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 18.96  in 90 days
 23.46 90 days 18.96 
about 50.48
Based on a normal probability distribution, the odds of Macys to stay above $ 18.96  in 90 days from now is about 50.48 (This Macys Inc probability density function shows the probability of Macys Stock to fall within a particular range of prices over 90 days) . Probability of Macys Inc price to stay between $ 18.96  and its current price of $23.46 at the end of the 90-day period is about 46.97 .
Taking into account the 90-day investment horizon the stock has the beta coefficient of 1.53 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Macys will likely underperform. Additionally The company has an alpha of 0.3775, implying that it can generate a 0.38 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Macys Price Density   
       Price  

Predictive Modules for Macys

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Macys Inc. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Macys' 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 Macys in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
19.7023.2626.82
Details
Intrinsic
Valuation
LowReal ValueHigh
21.1127.8931.45
Details
8 Analysts
Consensus
LowTarget PriceHigh
8.0031.6045.00
Details
Earnings
Estimates (7)
LowProjected EPSHigh
4.764.875.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Macys. Your research has to be compared to or analyzed against Macys' peers to derive any actionable benefits. When done correctly, Macys' 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 Macys Inc.

Macys Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Macys is not an exception. The market had few large corrections towards the Macys' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Macys Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Macys within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.38
β
Beta against NYSE Composite1.53
σ
Overall volatility
2.47
Ir
Information ratio 0.12

Macys Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Macys for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Macys Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Macys Inc appears to be risky and price may revert if volatility continues
Over 84.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: MACYS, INC. Managements Discussion and Analysis of Financial Condition and Results of Operations - Marketscreener.com

Macys Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Macys Stock often depends not only on the future outlook of the current and potential Macys' 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. Macys' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding314000000.00
Cash And Short Term Investments1712000000.00

Macys Technical Analysis

Macys' future price can be derived by breaking down and analyzing its technical indicators over time. Macys Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Macys Inc. In general, you should focus on analyzing Macys Stock price patterns and their correlations with different microeconomic environments and drivers.

Macys Predictive Forecast Models

Macys time-series forecasting models is one of many Macys' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Macys' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Macys Inc

Checking the ongoing alerts about Macys for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Macys Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Macys Inc appears to be risky and price may revert if volatility continues
Over 84.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: MACYS, INC. Managements Discussion and Analysis of Financial Condition and Results of Operations - Marketscreener.com
Additionally, see Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History as well as Macys Performance. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for analysis

When running Macys Inc price analysis, check to measure Macys' 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 Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Is Macys' 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 Macys. If investors know Macys 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 Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.49) 
Market Capitalization
6.4 B
Quarterly Revenue Growth YOY
(0.038) 
Return On Assets
0.069
Return On Equity
0.44
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' 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 Macys' market value can be influenced by many factors that don't directly affect Macys' 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 Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine Macys value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' 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.