|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 36.39 ||30 days|| 36.39 || ABOUT 87.53%|
Based on normal probability distribution, the odds of Macys to move above current price in 30 days from now is about 87.53% (This Macys probability density function shows the probability of Macys Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, Macys has beta of -1.3507 indicating as returns on its benchmark rise, returns on holding Macys are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Macys is expected to outperform its benchmark. Additionally Macys has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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