Macys Total Risk Alpha

Macys Inc -- USA Stock  

USD 21.04  0.85  4.21%

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Macys Inc has current Total Risk Alpha of (1.1). The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Macys 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
(1.1)
ER[a] =   Expected return on investing in Macys
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Macys
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Macys Inc is rated below average in total risk alpha category among related companies. It is regarded third in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
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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