Macys Stock Market Value

M
 Stock
  

USD 17.53  0.23  1.33%   

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


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.

Macys '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 Macys' 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 Macys.
0.00
09/06/2022
No Change 0.00  0.0 
In 31 days
10/06/2022
0.00
If you would invest  0.00  in Macys on September 6, 2022 and sell it all today you would earn a total of 0.00 from holding Macys Inc or generate 0.0% return on investment in Macys over 30 days. Macys is related to or competes with Amazon. Macys, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications More

Macys 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 Macys' 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 Macys Inc upside and downside potential and time the market with a certain degree of confidence.

Macys Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Macys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macys' standard deviation. In reality, there are many statistical measures that can use Macys historical prices to predict the future Macys' volatility.
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
14.2017.6121.02
Details
Intrinsic
Valuation
LowReal ValueHigh
17.2720.6824.09
Details
8 Analysts
Consensus
LowTarget PriceHigh
8.0031.6045.00
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 Inc Backtested Returns

We consider Macys not too volatile. Macys Inc has Sharpe Ratio of 0.011, which conveys that the firm had 0.011% 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 Macys, which you can use to evaluate the future volatility of the firm. Please verify Macys Inc risk adjusted performance of (0.010133), and Mean Deviation of 2.8 to check out if the risk estimate we provide is consistent with the expected return of 0.0372%.
The company secures a Beta (Market Risk) of 1.783, which conveys a somewhat significant risk relative to the market. Let's try to break down what Macys'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, Macys will likely underperform. Although it is important to respect Macys Inc price patterns, it is better to be realistic regarding the information on the equity's 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 Macys Inc technical indicators, you can presently evaluate if the expected return of 0.0372% will be sustainable into the future. Macys Inc right now secures a risk of 3.39%. Please verify Macys Inc value at risk, and the relationship between the jensen alpha and skewness to decide if Macys Inc will be following its current price movements.

Auto-correlation

    
  -0.58  

Good reverse predictability

Macys Inc has good reverse predictability. Overlapping area represents the amount of predictability between Macys time series from 6th of September 2022 to 21st of September 2022 and 21st of September 2022 to 6th of October 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 Macys Inc price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Macys price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.39
Residual Average0.0
Price Variance0.56

Macys Inc lagged returns against current returns

Autocorrelation, which is Macys 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 Macys' stock expected returns. We can calculate the autocorrelation of Macys returns to help us make a trade decision. For example, suppose you find that Macys 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   
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       Timeline  

Macys 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 Macys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macys stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Macys Lagged Returns

When evaluating Macys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macys stock have on its future price. Macys 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, Macys autocorrelation shows the relationship between Macys stock current value and its past values and can show if there is a momentum factor associated with investing in Macys Inc.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Macys without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Macys Inc 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.

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Additionally, see Macys Correlation, Macys Volatility and Macys Alpha and Beta module to complement your research on Macys. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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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...