Macys Probability of Target Price Finishing Above 25.28

M -- USA Stock  

USD 35.55  0.37  1.05%

Macys probability of target price tool provides mechanism to make assumptions about upside and downside potential of Macys performance during a given time horizon utilizing its historical volatility. Please specify Macys time horizon, a valid symbol (red box) and a target price (blue box) you would like Macys odds to be computed. Please see also Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History as well as Macys Performance.
Horizon     30 Days    Login   to change
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Macys Target Price Odds to finish below 25.28

Current PriceHorizonTarget PriceOdds to drop to $ 25.28  or more in 30 days
 35.55 30 days 25.28  ABOUT 31.81%
Based on normal probability distribution, the odds of Macys to drop to $ 25.28  or more in 30 days from now is about 31.81% (This Macys probability density function shows the probability of Macys Stock to fall within a particular range of prices over 30 days) . Probability of Macys price to stay between $ 25.28  and its current price of $35.55 at the end of the 30-day period is about 31.25%.
Taking into account the 30 trading days horizon, Macys has beta of -0.3313 indicating as returns on benchmark increase, returns on holding Macys are expected to decrease at a much smaller rate. During bear market, however, Macys is likely to outperform the market. Additionally Macys has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Macys Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.31
β
Beta against DOW=0.33
σ
Overall volatility
=12.73
Ir
Information ratio =0.41

Macys Alerts

Macys Alerts and Suggestions

Macys generates negative expected return over the last 30 days
Macys has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
Over 95.0% of the company shares are owned by institutional investors
On September 13, 2018 Macys paid $ 0.3775 per share dividend to its current shareholders
Latest headline from www.nysetradingnews.com: Wobbling Stocks Kinder Morgan, Inc., , Macys, Inc.,

Price Density Drivers

Macys Health Indicators

Shares Percent Shares Out12.73%
Trailing Annual Dividend Rate1.51
Short Percent Of Float14.41%
Float Shares306.13M
Shares Short Prior Month47.04M
Average Daily Volume Last 10 Day6.52M
Average Daily Volume In Three Month7.51M
Date Short InterestAugust 15, 2018
Trailing Annual Dividend Yield4.22%
Please see also Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History as well as Macys Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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