We analyze noise-free headlines and recent hype associated with Macys which may create opportunities for some arbitrage if properly timed. With Macys hype-based prediction module you can estimate the value of Macys from the prospective of Macys response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Macys over a specific investment horizon. Please see also Macys Basic Forecasting Models to cross-verify your projections.
As of January 22, 2019 Macys is listed for 24.90. The entity has historical hype elasticity of -0.03 and average elasticity to hype of competition of 0.16. Macys is expected to decline in value after the next headline with price expected to drop to 24.72. The average volatility of media hype impact on the company stock price is about 5300.0%. The price decline on the next news is expected to be -0.12% where as daily expected return is now at -0.48%. The volatility of related hype on Macys is about 1134.56% with expected price after next announcement by competition of 25.06. About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Macys recorded earning per share (EPS) of 5.47. The entity last dividend was issued on 2018-12-13. The firm had 2:1 split on 2006-06-12. Taking into account the 30 trading days horizon, the next expected press release will be in about 7 days. Please see also Macys Basic Forecasting Models to cross-verify your projections.