Macys (Brazil) Price on December 16, 2024
| MACY34 Stock | 109.27 2.05 1.84% |
If you're considering investing in Macys Stock, it is important to understand the factors that can impact its price. As of today, the current price of Macys stands at 109.27, as last reported on the 27th of December, with the highest price reaching 110.99 and the lowest price hitting 109.27 during the day. Macys appears to be very steady, given 3 months investment horizon. Macys Inc has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Macys, which you can use to evaluate the volatility of the firm. Please exercise Macys' Mean Deviation of 1.67, downside deviation of 2.06, and Risk Adjusted Performance of 0.1385 to check out if our risk estimates are consistent with your expectations.
Macys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Macys |
Sharpe Ratio = 0.183
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Macys is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Macys by adding it to a well-diversified portfolio.
Macys Valuation on December 16, 2024
It is possible to determine the worth of Macys on a given historical date. On December 16, 2024 Macys was worth 100.84 at the beginning of the trading date compared to the closed value of 103.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Macys stock. Still, in general, we apply an absolute valuation method to find Macys' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Macys where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Macys' related companies.
| Open | High | Low | Close | Volume | |
| 98.34 | 100.50 | 98.34 | 100.50 | 70.00 | |
12/16/2024 | 100.84 | 104.00 | 100.84 | 103.10 | 233.00 |
| 103.20 | 103.20 | 103.20 | 103.20 | 2.00 |
| Backtest Macys | | | Macys History | | | Macys Valuation | Previous | Next |
Macys Trading Date Momentum on December 16, 2024
| On December 17 2024 Macys Inc was traded for 103.20 at the closing time. The highest price during the trading period was 103.20 and the lowest recorded bid was listed for 103.20 . There was no trading activity during the period 2.0. Lack of trading volume on December 17, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the current price is 0.10% . |
Macys Inc Fundamentals Correlations and Trends
By evaluating Macys' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Macys' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Macys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Macys Stock history
Macys investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Macys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Macys Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Macys stock prices may prove useful in developing a viable investing in Macys
Macys Stock Technical Analysis
Macys technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Macys Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Macys Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Macys December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Macys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Macys shares will generate the highest return on investment. By undertsting and applying Macys stock market strength indicators, traders can identify Macys Inc entry and exit signals to maximize returns
Macys Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Macys' price direction in advance. Along with the technical and fundamental analysis of Macys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Macys to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1385 | |||
| Jensen Alpha | 0.3674 | |||
| Total Risk Alpha | 0.2319 | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | (0.85) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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