As of 26 of April Macys secures Risk Adjusted Performance of 0.0099, Downside Deviation of 1.64 and Mean Deviation of 1.57. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Macys as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Macys which can be compared to its peers in the industry. Please verify Macys Variance as well as the relationship between Value At Risk and Skewness to decide if Macys is priced some-what accurately providing market reflects its recent price of 24.65 per share. Given that Macys has Jensen Alpha of (0.09), we recommend you check Macys last-minute market performance to make sure the company can sustain itself at future point.
Macys current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Macys Analyst Advice|
|Horizon||30 Days Login to change|
Macys Technical Analysis
Macys Trend AnalysisUse this graph to draw trend lines for Macys. You can use it to identify possible trend reversals for Macys as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Macys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Macys Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Macys applied against its price change over selected period. The best fit line has a slop of 0.017676 % which indicates that Macys will continue to generate solid returns. It has 78 observation points and a regression sum of squares at 3.09, which is the sum of squared deviations for the predicted Macys price change compared to its average price change.
Macys April 26, 2019 Technical Indicators
|Risk Adjusted Performance||0.0099|
|Market Risk Adjusted Performance||0.0095|
|Coefficient Of Variation||19802.21|
|Total Risk Alpha||(0.39)|
|Value At Risk||(2.28)|
|Expected Short fall||(1.83)|
Macys April 26, 2019 Daily Price Condition
|Daily Balance Of Power||0.76|
|Rate Of Daily Change||1.02|
|Day Median Price||24.44|
|Day Typical Price||24.51|
|Price Action Indicator||0.47|