Macys Stock Forecast - Daily Balance Of Power
| M Stock | USD 16.82 0.58 3.57% |
Macys Stock Forecast is based on your current time horizon. Although Macys' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Macys' systematic risk associated with finding meaningful patterns of Macys fundamentals over time.
Macys |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.51) | 0.0889 |
| Check Macys Volatility | Backtest Macys | Trend Details |
Macys Trading Date Momentum
| On July 26 2024 Macys Inc was traded for 16.20 at the closing time. The highest price during the trading period was 16.31 and the lowest recorded bid was listed for 16.10 . The volume for the day was 4.8 M. This history from July 26, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.68% . The trading delta at closing time to the current price is 4.10% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Macys to competition |
Other Forecasting Options for Macys
For every potential investor in Macys, whether a beginner or expert, Macys' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Macys Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Macys. Basic forecasting techniques help filter out the noise by identifying Macys' price trends.Macys Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Macys stock to make a market-neutral strategy. Peer analysis of Macys could also be used in its relative valuation, which is a method of valuing Macys by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Macys Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Macys' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Macys' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Macys Market Strength Events
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.
| Accumulation Distribution | 57606.21 | |||
| Daily Balance Of Power | 1.380952 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 16.65 | |||
| Day Typical Price | 16.71 | |||
| Price Action Indicator | 0.46 | |||
| Period Momentum Indicator | 0.58 |
Macys Risk Indicators
The analysis of Macys' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Macys' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting macys stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.16 | |||
| Downside Variance | 3.73 | |||
| Semi Variance | 3.21 | |||
| Expected Short fall | (2.08) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Macys to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macys. If investors know Macys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Earnings Share 0.61 | Revenue Per Share 85.208 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0511 |
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macys' market value can be influenced by many factors that don't directly affect Macys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.