Under Armour C Stock Market Value
| UA Stock | USD 6.47 0.11 1.73% |
| Symbol | Under |
Under Armour C Price To Book Ratio
Is Under Armour's industry 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 Under Armour. If investors know Under 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 Under Armour 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 (0.04) | Earnings Share 0.89 | Revenue Per Share 13.038 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0346 |
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour's 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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour's 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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's 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.
Under Armour 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Under Armour's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Under Armour.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Under Armour on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Under Armour C or generate 0.0% return on investment in Under Armour over 30 days. Under Armour is related to or competes with Brunswick, BRP, VOXX International, Vizio Holding, and Topbuild Corp. Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance a... More
Under Armour Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Under Armour's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Under Armour C upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 15.25 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 2.7 |
Under Armour Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Under Armour's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Under Armour's standard deviation. In reality, there are many statistical measures that can use Under Armour historical prices to predict the future Under Armour's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Under Armour's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Under Armour C Backtested Returns
Under Armour C owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0998, which indicates the firm had a -0.0998% return per unit of risk over the last 3 months. Under Armour C exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Under Armour's Risk Adjusted Performance of (0.04), variance of 4.83, and Coefficient Of Variation of (1,417) to confirm the risk estimate we provide. The entity has a beta of 1.87, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Under Armour will likely underperform. Under Armour C has an expected return of -0.22%. Please make sure to validate Under Armour treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Under Armour C performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Under Armour C has very weak predictability. Overlapping area represents the amount of predictability between Under Armour time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Under Armour C price movement. The serial correlation of 0.16 indicates that over 16.0% of current Under Armour price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Under Armour C lagged returns against current returns
Autocorrelation, which is Under Armour stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Under Armour's stock expected returns. We can calculate the autocorrelation of Under Armour returns to help us make a trade decision. For example, suppose you find that Under Armour has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Under Armour regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Under Armour stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Under Armour stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Under Armour stock over time.
Current vs Lagged Prices |
| Timeline |
Under Armour Lagged Returns
When evaluating Under Armour's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Under Armour stock have on its future price. Under Armour autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Under Armour autocorrelation shows the relationship between Under Armour stock current value and its past values and can show if there is a momentum factor associated with investing in Under Armour C.
Regressed Prices |
| Timeline |
Under Armour Investors Sentiment
The influence of Under Armour's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Under. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Under Armour's public news can be used to forecast risks associated with an investment in Under. The trend in average sentiment can be used to explain how an investor holding Under can time the market purely based on public headlines and social activities around Under Armour C. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Under Armour's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Under Armour's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Under Armour's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Under Armour.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Under Armour in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Under Armour's short interest history, or implied volatility extrapolated from Under Armour options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Under Armour C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Under Armour C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour C Stock:Check out Under Armour Correlation, Under Armour Volatility and Under Armour Alpha and Beta module to complement your research on Under Armour. Note that the Under Armour C information on this page should be used as a complementary analysis to other Under Armour's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Under Stock analysis
When running Under Armour's price analysis, check to measure Under Armour's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Under Armour is operating at the current time. Most of Under Armour's value examination focuses on studying past and present price action to predict the probability of Under Armour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Under Armour's price. Additionally, you may evaluate how the addition of Under Armour to your portfolios can decrease your overall portfolio volatility.
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Under Armour technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.