Macys Stock Price on July 1, 2022 Breakdown

M
 Stock
  

USD 16.09  0.42  2.68%   

As of today, the current price of Macys is  16.09 , as last reported on the 4th of October, with the highest price reaching  16.29  and the lowest price hitting  15.60  during the day.
Macys Inc has Sharpe Ratio of -0.0256, which conveys that the firm had -0.0256% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Macys exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Macys Inc mean deviation of 2.76, and Risk Adjusted Performance of (0.042455) to check out the risk estimate we provide.
  

Macys Main Headline on 1st of July 2022

Macys Inc dividend paid on 1st of July 2022

Macys Valuation on July 1, 2022

It is possible to determine the worth of Macys on a given historical date. On July 1, 2022 Macys was worth 17.61 at the beginning of the trading date compared to the closed value of 17.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macys stock. Still, in general, we apply an absolute valuation method to find Macys' 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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macys' related companies.
 Open High Low Close Volume
  18.35    18.60    17.92    18.32    11,215,300  
07/01/2022
  17.61    18.15    17.22    17.97    12,836,600  
  17.83    18.90    17.48    18.80    14,517,900  
Backtest Macys  |  Macys History  |  Macys Valuation   PreviousNext  
Open Value 17.61
17.97
Closing Value
27.53
Upside

Macys Trading Date Momentum on July 1, 2022

On July 05 2022 Macys Inc was traded for  18.80  at the closing time. The highest price during the trading period was 18.90  and the lowest recorded bid was listed for  17.48 . The volume for the day was 14.5 M. This history from July 5, 2022 contributed to the next trading day price surge. The trading delta at closing time to the next closing price was 4.62% . The trading delta at closing time to the current price is 0.67% .

Macys Inc Fundamentals Correlations and Trends

By evaluating Macys' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Macys' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macys financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Macys Stock history

Macys 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 Macys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macys Inc 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 Macys historical stock prices may prove useful in developing a viable investing in Macys
Macys, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. Macys, Inc. was founded in 1830 and is based in New York, New York. Macys operates under Department Stores classification in the United States and is traded on New York Stock Exchange. It employs 88857 people.

Macys Stock Technical Analysis

Macys 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 Macys technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Macys 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...

Price Boundaries

Macys Period Price Range

Low
July 1, 2022
High

 17.61 

  

 17.97 

0.362.04%

Macys October 4, 2022 Market Strength

Market strength indicators help investors to evaluate how Macys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macys shares will generate the highest return on investment. By undertsting and applying Macys stock market strength indicators, traders can identify Macys Inc entry and exit signals to maximize returns

Macys Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Macys stock's direction in advance. Along with the technical and fundamental analysis of Macys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macys 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 stock 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.
Additionally, see Correlation Analysis. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.
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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.
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.