Macys Beta vs. Number of Shares Shorted

Macys Inc -- USA Stock  

USD 25.8  0.52  2.06%

The Drivers Module shows relationships between Macys's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Macys Inc over time as well as its relative position and ranking within its peers. Please see also Stocks Correlation

Macys Inc Number of Shares Shorted vs. Beta Fundamental Analysis

Macys Inc is regarded fifth in beta category among related companies. It is regarded second in number of shares shorted category among related companies making about  60,271,186  of Number of Shares Shorted per Beta.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Macys 
Beta 
 = 
Covariance 
Variance 
=
0.59
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
Macys 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
=
35.56 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.

Comparison

Number of Shares Shorted Comparison
  Number of Shares Shorted 
      Macys Comparables 
Macys is considered to be number one stock in number of shares shorted category among related companies.
  Beta 
      Macys Comparables 
Macys is regarded fourth in beta category among related companies.

Beta Analysis

As returns on market increase, Macys returns are expected to increase less than the market. However during bear market, the loss on holding Macys will be expected to be smaller as well.
Macys, Inc., together with its subsidiaries, operates stores, Websites, and mobile applications. more
NameMacys Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00794367.0
ISINUS55616P1049
CUSIP55616P104
Related EntityFD
CurrencyUSD - US Dollar
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