Macys Inc secures Downside Deviation of 3.69, Mean Deviation of 2.28 and Risk Adjusted Performance of 0.019. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Macys Inc 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 Inc Variance as well as the relationship between Value At Risk and Skewness to decide if Macys Inc is priced some-what accurately providing market reflects its recent price of 20.35 per share. Given that Macys Inc has Jensen Alpha of 0.1682, we recommend you check Macys last-minute market performance to make sure the company can sustain itself at future point.
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Macys Inc Trend AnalysisUse this graph to draw trend lines for Macys Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of 0.035172 % which indicates that Macys Inc will continue to generate solid returns. It has 34 observation points and a regression sum of squares at 1.01, which is the sum of squared deviations for the predicted Macys price change compared to its average price change.
Macys Inc is regarded third in mean deviation category among related companies. It is considered to be number one stock in standard deviation category among related companies creating about 1.57 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Macys Inc is roughly 1.57