Macys Stock Alpha and Beta Analysis

M
 Stock
  

USD 17.37  0.16  0.91%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Macys Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Macys over a specified time horizon. Remember, high Macys' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, see Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History and analyze Macys Performance.
  
Please note that although Macys alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Macys did 0.16  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Macys Inc stock's relative risk over its benchmark. Macys Inc has a beta of 1.78  . 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.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Macys Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Macys market risk premium is the additional return an investor will receive from holding Macys long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Macys. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Macys' performance over market.
α0.16   β1.78
90 days against DJI

Macys expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Macys' Buy-and-hold return. Our buy-and-hold chart shows how Macys performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Macys Market Price Analysis

Market price analysis 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 understating and applying Macys stock market price indicators, traders can identify Macys position entry and exit signals to maximize returns.

Macys Return and Market Media

The median price of Macys for the period between Sat, Jul 9, 2022 and Fri, Oct 7, 2022 is 17.42 with a coefficient of variation of 6.73. The daily time series for the period is distributed with a sample standard deviation of 1.18, arithmetic mean of 17.53, and mean deviation of 0.91. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Macys will bring Toys R Us to every one of its U.S. stores f...07/18/2022
2
Sale by Paul Griscom of 126 shares of Macys08/03/2022
3
Macys The Market Is Too Pessimistic - Seeking Alpha08/05/2022
4
Financial Statements08/16/2022
5
Options Traders Turn Bearish on Macys Stock Ahead of Earning...08/18/2022
6
EPS Reported08/23/2022
7
Macys, Inc. Board of Directors Declares Quarterly Dividend -...08/26/2022
8
Acquisition by Arel Emilie of 4197 shares of Macys subject t...08/29/2022
9
Macys exotic insider transaction detected09/01/2022
10
Exercise or conversion by Paul Griscom of 4085 shares of Mac...09/07/2022
11
Macys predicts another early start to holiday season shoppin...09/08/2022
12
Macys Macys Whale Trades For September 13 - Benzinga09/13/2022
13
Macys, Inc. Announces Sustainable Initiatives to Drive a Mor...09/20/2022
14
Macys Stock Is It Time To Buy The Dip - Seeking Alpha09/26/2022
15
Acquisition by William Lenehan of 1559 shares of Macys subje...10/04/2022

About Macys Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Macys or other stocks. Alpha measures the amount that position in Macys Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Macys Upcoming Company Events

As portrayed in its financial statements, the presentation of Macys' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Macys' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Macys' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Macys. Please utilize our Beneish M Score to check the likelihood of Macys' management manipulating its earnings.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report17th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End22nd of February 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Build Portfolio with Macys

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Align your risk with return expectations

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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 Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History and analyze Macys Performance. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for 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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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...