Macys Skewness

Macys Inc -- USA Stock  

USD 21.41  0.24  1.13%

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Macys Inc has current Skewness of 0.2349. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
Macys 
Skewness 
 = 
3PM 
STD3 
 = 
0.2349
3PM =   Third upper moment
STD =   Standard Deviation of Macys

Skewness Comparison

Macys Inc is rated below average in skewness category among related companies. It is regarded third in maximum drawdown category among related companies reporting about  25.59  of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Macys Inc is roughly  25.59 
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns is skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily) implying a symmetric distribution.
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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
CurrencyUSD - US Dollar