Macys (Brazil) Today
| MACY34 Stock | 96.70 0.20 0.21% |
Performance3 of 100
| Odds Of DistressLess than 10
|
Macys is trading at 96.70 as of the 25th of April 2024, a 0.21 percent up since the beginning of the trading day. The stock's open price was 96.5. Macys has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Macys Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Moving together with Macys Stock
| 0.63 | GMAT3 | Grupo Mateus SA | PairCorr |
Moving against Macys Stock
| 0.65 | AAPL34 | Apple Inc | PairCorr |
| 0.59 | TSLA34 | Tesla Inc | PairCorr |
| 0.56 | PCAR3 | Companhia Brasileira | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Macys Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Macys' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Macys or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Department Stores, Consumer Cyclical (View all Sectors) |
Macys Inc (MACY34) is traded on Sao Paulo Exchange in Brazil and employs 88,857 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Macys's market, we take the total number of its shares issued and multiply it by Macys's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Macys Inc operates under Consumer Cyclical sector and is part of Department Stores industry. The entity has 271.11 M outstanding shares.
Macys generates positive cash flow from operations, but has no cash available
Check Macys Probability Of Bankruptcy
Macys Stock Price Odds Analysis
What are Macys' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Macys jumping above the current price in 90 days from now is about 49.13%. The Macys Inc probability density function shows the probability of Macys stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Macys Inc has a beta of -0.6001. This indicates as returns on the benchmark increase, returns on holding Macys are expected to decrease at a much lower rate. During a bear market, however, Macys Inc is likely to outperform the market. Additionally, macys Inc has an alpha of 0.2098, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Macys to move above the current price in 90 days from now is about 49.13 (This Macys Inc probability density function shows the probability of Macys Stock to fall within a particular range of prices over 90 days) .
Macys Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Macys market risk premium is the additional return an investor will receive from holding Macys long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Macys. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Macys' alpha and beta are two of the key measurements used to evaluate Macys' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.14 | |||
| Semi Deviation | 2.49 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.54 |
Macys Stock Against Markets
Picking the right benchmark for Macys stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Macys stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Macys is critical whether you are bullish or bearish towards Macys Inc at a given time. Please also check how Macys' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Macys without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Macys Corporate Management
Elected by the shareholders, the Macys' board of directors comprises two types of representatives: Macys inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Macys. The board's role is to monitor Macys' management team and ensure that shareholders' interests are well served. Macys' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Macys' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adrian Mitchell | Ex CFO | Profile | |
| Paul Griscom | VP Controller | Profile | |
| Elisa C | Chief VP | Profile | |
| William III | VP Affairs | Profile | |
| Jeffrey Gennette | Chairman CEO | Profile | |
| Bradley Mays | VP Tax | Profile | |
| Antony Spring | Ex VP | Profile |
How to buy Macys Stock?
Before investing in Macys, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Macys. To buy Macys stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Macys. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Macys stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Macys Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Macys Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Macys Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Macys Stock please use our How to Invest in Macys guide.
Already Invested in Macys Inc?
The danger of trading Macys Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Macys is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Macys. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Macys Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Macys Inc is a strong investment it is important to analyze Macys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Macys' future performance. For an informed investment choice regarding Macys Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Macys Inc information on this page should be used as a complementary analysis to other Macys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Macys Stock analysis
When running Macys' price analysis, check to measure Macys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
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