|Current Price||Horizon||Target Price||Odds to drop to $ 25.28 or more in 30 days|
| 31.69 ||30 days|| 25.28 || NEAR 1%|
Based on normal probability distribution, the odds of Macys to drop to $ 25.28 or more in 30 days from now is near 1% (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 $31.69 at the end of the 30-day period is about 11.51%.
Taking into account the 30 trading days horizon, Macys has beta of 0.9063 indicating Macys market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Macys is expected to follow. Additionally Macys has an alpha of 0.1126 implying that it can potentially generate 0.1126% excess return over DOW after adjusting for the inherited market risk (beta).