Macys Probability of Target Price Finishing Above 25.41

M -- USA Stock  

USD 38.95  0.07  0.18%

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.
 Time Horizon     30 Days    Login   to change
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Macys Target Price Odds to finish below 25.41

Current PriceHorizonTarget PriceOdds to drop to $ 25.41  or more in 30 days
 38.95 30 days 25.41  NEAR 1%
Based on normal probability distribution, the odds of Macys to drop to $ 25.41  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 $ 25.41  and its current price of $38.95 at the end of the 30-day period is about 78.35%.
Taking into account the 30 trading days horizon, Macys has beta of 0.0 indicating unless we do not have required data, the returns on DOW and Macys are completely uncorrelated. Additionally MacysIt does not look like Macys alpha can have any bearing on the equity current valuation.
 Macys Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.55
Ir
Information ratio =0.24

Macys Alerts

Macys Alerts and Suggestions
Macys has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
Over 91.0% of the company shares are owned by institutional investors
On June 14, 2018 Macys paid $ 0.3775 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Sale by Dennis Broderick of 12131 shares of Macys

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Please see also Macys Backtesting, Macys Valuation, Macys Correlation, Macys Hype Analysis, Macys Volatility, Macys History as well as Macys Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.