|Current Price||Horizon||Target Price||Odds to drop to $ 25.41 or more in 30 days|
| 35.16 ||30 days|| 25.41 || ABOUT 37.89%|
Based on normal probability distribution, the odds of Macys to drop to $ 25.41 or more in 30 days from now is about 37.89% (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 $35.16 at the end of the 30-day period is about 26.47%.
Taking into account the 30 trading days horizon, Macys has beta of -0.2492 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
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