General Retailers industry
Monitor and predict the growth prospects and potential risks of the General Retailers industry by examining the financial and macroeconomic factors affecting it and the latest General Retailers news tracked by MacroVar. Sign Up Free to get notified instantly on the latest General Retailers updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.
Click to explore the factors and the financial models used by MacroVar to analyze the General Retailers industry trend, growth prospects and risks.
General Retailers industry Markets
|US General Retailers industry||US.GENRETAILERS||2548.07||-0.5||0.5||1.06123||49.2481||-1.23||3.08||3.16||0.42313|
|Europe General Retailers industry||EU.GENRETAILERS||765.04||0.5||1||0.82802||64.8585||1.15||4.96||13.62||0.12443|
|US General Retailers Credit Spreads||US.GENRETAILERS.CR||78.68||-1||-1||-1.11957||30.5855||2.13||7.62||3.72||-0.07382|
General Retailers industry News
General Retailers industry Analysis
MacroVar monitors the performance, risk, trend and momentum of the General Retailers industry by examining the stock and credit performance of major General Retailers companies across the US, Europe, Eastern Europe and Asia Pacific. General Retailers Stock performance is monitored by analyzing STOXX equity indices of major General Retailers companies while General Retailers credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the General Retailers high yield corporate bond market.
MacroVar also monitors fundamental indicators closely linked to the General Retailers sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.
MacroVar also monitors other factors closely related to the General Retailers industry like closely related financial markets or macroeconmic indicators.
MacroVar estimates the following signals:: General Retailers momentum, General Retailers trend, General Retailers oscillator, General Retailers RSI and General Retailers returns.
General Retailers industry Description
The sector of General Retailers includes the subsectors of Apparel Retailers, Broadline Retailers, Home Improvement Retailers, Specialized Consumer
Services and Specialty Retailers.
The subsector of Apparel Retailers includes Retailers and wholesalers specializing mainly in clothing, shoes, jewelry, sunglasses and other accessories.
The subsector of Broadline Retailers includes Retail outlets and wholesalers offering a wide variety of products including both hard goods and soft goods.
The subsector of Home Improvement Retailers includes Retailers and wholesalers concentrating on the sale of home improvement products, including garden equipment, carpets, wallpaper, paint, home furniture, blinds and curtains, and building materials.
The subsector of Specialized Consumer Services includes Providers of consumer services such as auction houses, day-care centers, dry cleaners, schools, consumer rental companies, veterinary clinics, hair salons and providers of funeral, lawn-maintenance, consumer-storage, heating and cooling installation and plumbing services.
The subsector of Specialty Retailers includes Retailers and wholesalers concentrating on a single class of goods, such as electronics, books, automotive parts or closeouts. Includes automobile dealerships, video rental stores, dollar stores, duty-free shops and automotive fuel stations not owned by oil companies.
General Retailers industry MomentumMomentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.
MacroVar General Retailers momentum signal ranges from -100 to +100. The General Retailers momentum signal is derived as the mean value from 4 calculations for the General Retailers . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. General Retailers return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. General Retailers momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when General Retailers momentum signal moves from positive to negative value or vice-versa.
General Retailers industry trendGeneral Retailers trend signal ranges from -100 to +100. General Retailers trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. General Retailers Closing price vs General Retailers moving average (MA) calculation: If General Retailers is greater than General Retailers MA value is +1, else -1, 2. General Retailers Moving average slope calculation: if current General Retailers moving average is higher than the previous MA, General Retailers upward slope +1, else -1
General Retailers trend model can be used as a trend strength indicator. General Retailers trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when General Retailers trend strength indicator moves from positive to negative value or vice-versa.
The most important trend indicator
The General Retailers 52-week simple moving average and its slope are the most important indicators defining a market’s trend. General Retailers is in an uptrend when General Retailers price is higher than the 52-week moving average and the General Retailers 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the General Retailers oscillator and General Retailers RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.
General Retailers industry oscillatorThe General Retailers oscillator estimated by MacroVar is the z-score of the currentGeneral Retailers price versus General Retailers 1-year simple moving average price. The formula for the General Retailers oscillator is:
General Retailers oscillator = (Current Price – 250 trading days General Retailers simple moving average price) / (250 days General Retailers price standard deviation)
General Retailers oversold conditions
General Retailers is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the General Retailers is oversold it is often due for a rebound. Values of the General Retailers oscillator lower than -2.5 signify oversold conditions. It must be noted that the General Retailers oscillator must be analyzed ibn conjunction with the rest ofGeneral Retailers quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the General Retailers RSI.
General Retailers overbought conditions
General Retailers is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the General Retailers is overbought it is often due for a correction. Values of the General Retailers oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the General Retailers quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.
General Retailers RSI indicatorThe RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when General Retailers is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringGeneral Retailers uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.
General Retailers industry returnsMacroVar calculates General Retailers returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:
General Retailers returns = (General Retailers Closing Price – General Retailers Previous Price)/(General Retailers Previous Price)