Macys (Brazil) Market Value
| MACY34 Stock | 66.50 0.01 0.01% |
| Symbol | Macys |
Macys 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Macys' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Macys.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Macys on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Macys Inc or generate 0.0% return on investment in Macys over 90 days. Macys is related to or competes with Sendas Distribuidora, Grazziotin, Grupo Mateus, Lojas Renner, and Marfrig Global. More
Macys Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Macys' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Macys Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.61 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 4.26 |
Macys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macys' standard deviation. In reality, there are many statistical measures that can use Macys historical prices to predict the future Macys' volatility.| Risk Adjusted Performance | 0.0258 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1278 |
Macys Inc Backtested Returns
At this point, Macys is very steady. Macys Inc has Sharpe Ratio of 0.0551, which conveys that the firm had a 0.0551 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Macys, which you can use to evaluate the volatility of the firm. Please verify Macys' Downside Deviation of 3.01, mean deviation of 1.87, and Risk Adjusted Performance of 0.0258 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Macys has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Macys' returns are expected to increase less than the market. However, during the bear market, the loss of holding Macys is expected to be smaller as well. Macys Inc right now secures a risk of 2.61%. Please verify Macys Inc downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Macys Inc will be following its current price movements.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Macys Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Macys time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Macys Inc price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Macys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 10.73 |
Macys Inc lagged returns against current returns
Autocorrelation, which is Macys stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Macys' stock expected returns. We can calculate the autocorrelation of Macys returns to help us make a trade decision. For example, suppose you find that Macys has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Macys regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Macys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macys stock over time.
Current vs Lagged Prices |
| Timeline |
Macys Lagged Returns
When evaluating Macys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macys stock have on its future price. Macys autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Macys autocorrelation shows the relationship between Macys stock current value and its past values and can show if there is a momentum factor associated with investing in Macys Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Macys Stock
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 Macys Correlation, Macys Volatility and Macys Alpha and Beta module to complement your research on Macys. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.