Under Armour Backtesting

UA -- USA Stock  

USD 17.46  0.21  1.19%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Under Armour 'What if' Analysis

August 20, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 19, 2018
0.00
If you would invest  0.00  in Under Armour on August 20, 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 Ralph Lauren, YY, Viacom, Vipshop Holdings, Wynn Resorts, and Twenty First. Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, foot...

Under Armour Upside/Downside Indicators

Information Ratio0.14
Maximum Drawdown10.47
Value At Risk3.96
Potential Upside3.57
  

Under Armour Market Premium Indicators

Risk Adjusted Performance0.027108
Jensen Alpha0.18
Total Risk Alpha0.81
Treynor Ratio0.4274

Under Armour Backtested Returns

Macroaxis considers Under Armour to be not very risky. Under Armour owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2034 which indicates Under Armour had -0.2034% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Under Armour exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Under Armour Coefficient Of Variation of 1,080 and Risk Adjusted Performance of 0.027108 to confirm risk estimate we provide. Macroaxis gives Under Armour performance score of 0 on a scale of 0 to 100. The entity has beta of -0.5423 which indicates as returns on market increase, returns on owning Under Armour are expected to decrease at a much smaller rate. During bear market, Under Armour is likely to outperform the market.. Even though it is essential to pay attention to Under Armour current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Under Armour exposes twenty-eight different technical indicators which can help you to evaluate its performance. Under Armour has expected return of -0.4643%. Please be advised to validate Under Armour Potential Upside, and the relationship between Total Risk Alpha and Kurtosis to decide if Under Armour past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.39 

Below average predictability

Under Armour has below average predictability. Overlapping area represents the amount of predictability between Under Armour time series from August 20, 2018 to September 4, 2018 and September 4, 2018 to September 19, 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 0.39 indicates that just about 39.0% of current Under Armour price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.71
Residual Average0.0
Price Variance0.35

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 

Current Sentiment - UA

Under Armour Investor Sentiment

Nearly all of Macroaxis users are at this time bullish on Under Armour. What is your outlook on investing in Under Armour? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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