Under Armour Backtesting

UA -- USA Stock  

USD 18.00  0.16  0.90%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Under Armour and determine expected loss or profit from investing in Under Armour over given investment horizon. Also please take a look at Under Armour Hype Analysis, Under Armour Correlation, Under Armour Valuation, Under Armour Volatility as well as analyze Under Armour Alpha and Beta and Under Armour Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Under Armour 'What if' Analysis

April 21, 2018
0.00
No Change 0.00  0.0%
In 30 days
May 21, 2018
0.00
If you would invest  0.00  in Under Armour on April 21, 2018 and sell it all today you would earn a total of 0.00 from holding Under Armour or generate 0.0% return on investment in Under Armour over 30 days. Under Armour is related to or competes with Brunswick, Foot Locker, Cabelas Incorporated, Dicks Sporting, NIKE, and GEN ELECTRIC. Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, foot...

Under Armour Upside/Downside Indicators

Downside Deviation2.95
Information Ratio0.4218
Maximum Drawdown10.1
Value At Risk3.31
Potential Upside5.21
  

Under Armour Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.4011

Under Armour Backtested Returns

Under Armour is not very risky given 1 month investment horizon. Under Armour owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3834 which indicates Under Armour had 0.3834% of return per unit of risk over the last 1 month. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.0866% are justified by taking the suggested risk. Use Under Armour Semi Deviation of 1.81, Coefficient Of Variation of 237.09 and Risk Adjusted Performance of 0.01 to evaluate company specific risk that cannot be diversified away. Under Armour holds performance score of 25 on a scale of zero to a hundred. The entity has beta of 0.0 which indicates the returns on MARKET and Under Armour are completely uncorrelated. Although it is vital to follow to Under Armour current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Under Armour expected return of 1.0866 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Under Armour Information Ratio as well as the relationship between Potential Upside and Kurtosis to analyze future returns on Under Armour.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.81 

Very good predictability

Under Armour has very good predictability. Overlapping area represents the amount of predictability between Under Armour time series from April 21, 2018 to May 6, 2018 and May 6, 2018 to May 21, 2018. 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 price movement. The serial correlation of 0.81 indicates that around 81.0% of current Under Armour price fluctuation can be explain by its past prices.
Correlation Coefficient 0.81
Spearman Rank Test 0.85
Price Variance 0.47
Lagged Price Variance 0.42

Under Armour lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Under Armour regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Under Armour Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Under Armour Hype Analysis, Under Armour Correlation, Under Armour Valuation, Under Armour Volatility as well as analyze Under Armour Alpha and Beta and Under Armour Performance. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.