If you would invest
3,425 in MACYS INC on
April 25, 2013 and sell it today you would
earn a total of 352.00 from holding MACYS INC or generate
10.28% return on investment over
30 days. MACYS INC is generating 2.2% of daily returns assuming 19.92% volatility of returns over the 30 days investment horizon. Simply put, majority of traded equity instruments are less risky than MACYS INC on the bases of their historical return distribution and most equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, MACYS INC is expected to generate 34.95 times more return on investment than the market. However, the company is 34.95 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.32 per unit of risk.