Under Armour Backtesting

Under Armour Inc -- USA Stock  

USD 15.22  0.69  4.34%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Under Armour Inc 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
Investment Horizon     30 Days    Login   to change
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Backtest

Under Armour 'What if' Analysis

September 24, 2017
0.00
No Change 0.00  0.0%
In 31 days
October 24, 2017
0.00
If you would invest  0.00  in Under Armour on September 24, 2017 and sell it all today you would earn a total of 0.00 from holding Under Armour Inc or generate 0.0% return on investment in Under Armour over 30 days. Under Armour is related to or competes with Brunswick, Foot Locker, Dicks Sporting, and NIKE. Under Armour Inc offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the ...

Under Armour Upside/Downside Indicators

  

Under Armour Market Premium Indicators

Under Armour Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Under Armour regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Under Armour Inc Backtested Returns

Macroaxis considers Under Armour to be not too volatile. Under Armour Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0165 which indicates Under Armour Inc had -0.0165% 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 Inc 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 Semi Deviation of 1.04, Coefficient Of Variation of 737.49 and Risk Adjusted Performance of 0.0453 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 1.6435 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Under Armour will likely underperform.. Even though it is essential to pay attention to Under Armour Inc 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 Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. Under Armour Inc has expected return of -0.0335%. Please be advised to validate Under Armour Potential Upside, and the relationship between Total Risk Alpha and Kurtosis to decide if Under Armour Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.73 

Good predictability

Under Armour Inc has good predictability. Overlapping area represents the amount of predictability between Under Armour time series from September 24, 2017 to October 9, 2017 and October 9, 2017 to October 24, 2017. 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 Inc price movement. The serial correlation of 0.73 indicates that around 73.0% of current Under Armour price fluctuation can be explain by its past prices.
Correlation Coefficient 0.73
Spearman Rank Test 0.18
Price Variance 0.07
Lagged Price Variance 0.02

Under Armour Lagged Returns

 Regressed Prices 
      Timeline 

Under Armour Performance vs DOW

The median price of Under Armour for the period between Sun, Sep 24, 2017 and Tue, Oct 24, 2017 is 15.11 with a coefficient of variation of 1.5. The daily time series for the period is distributed with a sample standard deviation of 0.23, arithmetic mean of 15.17, and mean deviation of 0.17. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline