Macys Beta

M -- USA Stock  

0.377 Dividend

Macys beta fundamental analysis lookup allows you to check this and other indicators for Macys or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
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Macys Beta Analysis

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.
Cash and Equivalents
Beta 
 = 
Covariance 
Variance 
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Macys Beta  =
0.62
ValuationFundamentalsBuy or Sell

Macys Distress Driver Correlations

About Beta

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.
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Accumulated Other Comprehensive Income
In accordance with recently published financial statements Macys has Beta of 0.62. This is 26.19% lower than that of the Consumer Cyclical sector, and 11.43% lower than that of Department Stores industry, The Beta for all stocks is 513.33% lower than the firm.

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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 current financial ratios



 
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