|Under Armour Inc -- USA Stock|| |
USD 12.36 0.02 0.16%
Under Armour Inc has Semi Deviation
of 2.17, Coefficient Of Variation
of 444.44 and Risk Adjusted Performance
of 0.1194. In relation to Fundamental Indicators
, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Under Armour Inc as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers
for Under Armour Inc which can be compared to its competition. Please validate Under Armour Inc Information Ratio
as well as the relationship
between Potential Upside
to decide if Under Armour is priced more or less accurately providing market reflects its prevalent price of 12.36 per share. Given that Under Armour Inc has Jensen Alpha
of 0.6741, we advise you double-check Under Armour Inc current market performance to make sure the company can sustain itself at future point.
Under Armour Inc Trend Analysis
Use this graph to draw trend lines for Under Armour Inc. You can use it to identify possible trend reversals for Under Armour as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Under Armour price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Under Armour Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Under Armour Inc applied against its price change over selected period. The best fit line has a slop of 0.056176 %
which suggests that Under Armour Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 2.58, which is the sum of squared deviations for the predicted Under Armour price change compared to its average price change.