With this equity back-testing module your can estimate the performance of a buy and hold strategy of Macys and determine expected loss or profit from investing in Macys over given investment horizon. Please see also Macys Hype Analysis, Macys Correlation, Macys Valuation, Macys Volatility as well as analyze Macys Alpha and Beta and Macys Performance.
|Horizon||30 Days Login to change|
Macys 'What if' Analysis
October 19, 20180.00
December 18, 20180.00
If you would invest 0.00 in Macys on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Macys or generate 0.0% return on investment in Macys over 60 days. Macys is related to or competes with Companhia Brasileira, Dillards, JC Penney, Nordstrom, Kohls, and ResMed. Macys, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications
Macys Upside/Downside Indicators
Macys Market Premium Indicators
Macys Backtested Returns
Macroaxis considers Macys to be not too volatile. Macys has Sharpe Ratio of -0.0468 which conveys that Macys had -0.0468% of return per unit of risk over the last 2 months. Macroaxis philosophy towards estimating risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Macys exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Macys Mean Deviation of 2.13 and Risk Adjusted Performance of
(0.08) to check out risk estimate we provide. Macroaxis gives Macys performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.8927 which conveys that Macys returns are very sensitive to returns on the market. as market goes up or down, Macys is expected to follow.. Even though it is essential to pay attention to Macys price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Macys exposes twenty-one different technical indicators which can help you to evaluate its performance. Macys has expected return of -0.1278%. Please be advised to verify Macys Variance as well as the relationship between Value At Risk and Skewness to decide if Macys past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.34)|
|Spearman Rank Test||-0.51|
Macys lagged returns against current returns
Current and Lagged Values
Macys regressed lagged prices vs. current prices
Current vs Lagged Prices
Macys Lagged Returns
Use generated alerts and portfolio events aggregator to diagnose current holdings
|All Next||Launch Portfolio Diagnostics|
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
Please see also Macys Hype Analysis, Macys Correlation, Macys Valuation, Macys Volatility as well as analyze Macys Alpha and Beta and Macys Performance. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.