Macys (Germany) Price on August 21, 2024
| FDO Stock | EUR 16.06 0.96 6.36% |
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 16.06, as last reported on the 3rd of December, with the highest price reaching 16.07 and the lowest price hitting 15.31 during the day. Macys appears to be not too volatile, given 3 months investment horizon. Macys Inc has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% 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' Downside Deviation of 1.47, risk adjusted performance of 0.1078, and Mean Deviation of 1.32 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 = 0.1442
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Macys is performing at about 11% 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 August 21, 2024
It is possible to determine the worth of Macys on a given historical date. On August 21, 2024 Macys was worth 15.63 at the beginning of the trading date compared to the closed value of 13.76. 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 | |
| 15.69 | 15.78 | 15.65 | 15.65 | 1.00 | |
08/21/2024 | 15.63 | 15.72 | 13.60 | 13.76 | 5,482 |
| 13.63 | 13.63 | 13.52 | 13.52 | 3,397 |
| Backtest Macys | | | Macys History | | | Macys Valuation | Previous | Next |
Macys Trading Date Momentum on August 21, 2024
| On August 22 2024 Macys Inc was traded for 13.52 at the closing time. The highest daily price throughout the period was 13.63 and the lowest price was 13.52 . The daily volume was 3.4 K. The net trading volume on 08/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.74% . The trading delta at closing time to current closing price is 0.29% . |
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, Inc., an omnichannel retail organization, operates stores, Websites, and mobile applications. Macys, Inc. was founded in 1830 and is based in Cincinnati, Ohio. MACYS INC operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 130000 people.
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 3, 2024
| High |
0.00 | 0.00 |
Macys Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 3, 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 | 0.1078 | |||
| Jensen Alpha | 0.223 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0911 | |||
| Treynor Ratio | 1.13 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| 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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