Macys Inc Stock Market Value

M Stock  USD 19.99  0.14  0.71%   
Macys' market value is the price at which a share of Macys trades on a public exchange. It measures the collective expectations of Macys Inc investors about its performance. Macys is selling at 19.99 as of the 29th of March 2024; that is 0.71 percent increase since the beginning of the trading day. The stock's lowest day price was 19.65.
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. Check out Macys Correlation, Macys Volatility and Macys Alpha and Beta module to complement your research on Macys.
Symbol

Macys Inc Price To Book Ratio

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
(0.61)
Dividend Share
0.662
Earnings Share
0.38
Revenue Per Share
87.039
Quarterly Revenue Growth
(0.02)
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 if Macys is a good investment 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
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Macys on April 9, 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 720 days. Macys is related to or competes with Companhia Brasileira, Wayfair, 1StdibsCom, AutoNation, BJs Wholesale, and Boqii Holding. 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, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
17.1019.9922.88
Details
Intrinsic
Valuation
LowRealHigh
16.8119.7022.60
Details
Naive
Forecast
LowNextHigh
15.6118.5021.39
Details
16 Analysts
Consensus
LowTargetHigh
13.4014.7316.35
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 toward taking a position in Macys Inc.

Macys Inc Backtested Returns

We consider Macys not too volatile. Macys Inc has Sharpe Ratio of 0.0251, which conveys that the firm had a 0.0251% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Macys, which you can use to evaluate the volatility of the firm. Please verify Macys' Downside Deviation of 2.33, risk adjusted performance of 0.0181, and Mean Deviation of 1.96 to check out if the risk estimate we provide is consistent with the expected return of 0.0728%. Macys has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.79, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Macys will likely underperform. Macys Inc right now secures a risk of 2.9%. 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

    
  0.34  

Below average predictability

Macys Inc has below average predictability. Overlapping area represents the amount of predictability between Macys time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. 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 0.34 indicates that nearly 34.0% of current Macys price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test-0.08
Residual Average0.0
Price Variance9.43

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 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 price movement to match the lagging time series.
   Current and Lagged Values   
       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   
       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   
       Timeline  

Macys Investors Sentiment

The influence of Macys' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Macys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Macys' public news can be used to forecast risks associated with an investment in Macys. The trend in average sentiment can be used to explain how an investor holding Macys can time the market purely based on public headlines and social activities around Macys Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Macys' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Macys' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Macys' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Macys.

Macys Implied Volatility

    
  45.34  
Macys' implied volatility exposes the market's sentiment of Macys Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Macys' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Macys stock will not fluctuate a lot when Macys' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Macys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Macys' short interest history, or implied volatility extrapolated from Macys options trading.

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When determining whether Macys Inc is a strong investment it is important to analyze Macys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Macys' future performance. For an informed investment choice regarding Macys Stock, refer to the following important reports:
Check out Macys Correlation, Macys Volatility and Macys Alpha and Beta module to complement your research on Macys.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Macys' 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 the 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...