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M (Macy's) 12-1 Month Momentum % : 30.53% (As of Oct. 31, 2024)


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What is Macy's 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-10-31), Macy's's 12-1 Month Momentum % is 30.53%.

The industry rank for Macy's's 12-1 Month Momentum % or its related term are showing as below:

M's 12-1 Month Momentum % is ranked better than
74.32% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.36 vs M: 30.53

Competitive Comparison of Macy's's 12-1 Month Momentum %

For the Department Stores subindustry, Macy's's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macy's's 12-1 Month Momentum % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Macy's's 12-1 Month Momentum % falls into.



Macy's  (NYSE:M) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macy's  (NYSE:M) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Macy's 12-1 Month Momentum % Related Terms

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Macy's Business Description

Address
151 West 34th Street, New York, NY, USA, 10001
Founded in 1858 and based in New York City, Macy's operates about 500 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 157 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 62% of Macy's 2023 sales.
Executives
Paul Griscom officer: Interim Principal Acctg. Offr. C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
Adrian V Mitchell officer: Chief Financial Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Danielle L. Kirgan officer: Chief Human Resources Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Antony Spring officer: Chairman & CEO, Bloomingdale's C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Jeffrey Gennette officer: Chief Merchandising Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Garcia C Elisa D officer: Chief Legal Officer 151 WEST 34TH STREET, NEW YORK NY 10001
Naveen K. Chopra director C/O 2160 GOLD STREET, SAN JOSE CA 95002
Emilie Arel director C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Jill Granoff director LIZ CLAIBORNE, INC., 1441 BROADWAY, NEW YORK NY 10018
Marie A Chandoha director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Ashley Buchanan director C/O THE MICHAELS COMPANIES, INC., 8000 BENT BRANCH DRIVE, IRVING TX 75063
Tracey Zhen director C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
John T. Harper officer: Chief Operations Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Felicia Williams officer: EVP,Controller/Enterprise Risk C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001