Under Armour C Stock Probability of Future Stock Price Finishing Over 13.93

UA Stock  USD 7.14  0.17  2.44%   
Under Armour's implied volatility is one of the determining factors in the pricing options written on Under Armour C. Implied volatility approximates the future value of Under Armour based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Under Armour C over a specific time period. For example, 2024-04-19 CALL at $7.5 is a CALL option contract on Under Armour's common stock with a strick price of 7.5 expiring on 2024-04-19. The contract was last traded on 2024-03-28 at 12:02:54 for $0.15 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.15. The implied volatility as of the 29th of March is 41.16. View All Under options

Closest to current price Under long CALL Option Payoff at Expiration

Under Armour's future price is the expected price of Under Armour instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Under Armour C performance during a given time horizon utilizing its historical volatility. Check out Under Armour Backtesting, Under Armour Valuation, Under Armour Correlation, Under Armour Hype Analysis, Under Armour Volatility, Under Armour History as well as Under Armour Performance.
  
The current year's Price To Free Cash Flows Ratio is expected to grow to 14.82, whereas Price Earnings Ratio is forecasted to decline to 22.16. Please specify Under Armour's target price for which you would like Under Armour odds to be computed.

Under Armour Target Price Odds to finish over 13.93

The tendency of Under Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 13.93  or more in 90 days
 7.14 90 days 13.93 
close to zero percent
Based on a normal probability distribution, the odds of Under Armour to move over $ 13.93  or more in 90 days from now is close to zero percent (This Under Armour C probability density function shows the probability of Under Stock to fall within a particular range of prices over 90 days) . Probability of Under Armour C price to stay between its current price of $ 7.14  and $ 13.93  at the end of the 90-day period is about 87.23 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.63 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Under Armour will likely underperform. Additionally Under Armour C has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Under Armour Price Density   
       Price  

Predictive Modules for Under Armour

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Under Armour C. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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.
Hype
Prediction
LowEstimatedHigh
4.617.149.67
Details
Intrinsic
Valuation
LowRealHigh
6.158.6811.21
Details
Naive
Forecast
LowNextHigh
4.657.189.71
Details
1 Analysts
Consensus
LowTargetHigh
11.8313.0014.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Under Armour. Your research has to be compared to or analyzed against Under Armour's peers to derive any actionable benefits. When done correctly, Under Armour's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Under Armour C.

Under Armour Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Under Armour is not an exception. The market had few large corrections towards the Under Armour's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Under Armour C, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Under Armour within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.57
β
Beta against NYSE Composite2.63
σ
Overall volatility
0.51
Ir
Information ratio -0.15

Under Armour Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Under Armour for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Under Armour C can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Under Armour C generated a negative expected return over the last 90 days
Under Armour C reports about 711.91 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Under Armour C has a strong financial position based on the latest SEC filings
Over 76.0% of the company outstanding shares are owned by institutional investors
Latest headline from ndtv.com: Baltimore Bridge Collapse All You Need To Know

Under Armour Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Under Stock often depends not only on the future outlook of the current and potential Under Armour's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Under Armour's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding461.5 M
Cash And Short Term Investments711.9 M

Under Armour Technical Analysis

Under Armour's future price can be derived by breaking down and analyzing its technical indicators over time. Under Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Under Armour C. In general, you should focus on analyzing Under Stock price patterns and their correlations with different microeconomic environments and drivers.

Under Armour Predictive Forecast Models

Under Armour's time-series forecasting models is one of many Under Armour's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Under Armour's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Under Armour C

Checking the ongoing alerts about Under Armour for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Under Armour C help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Under Armour C generated a negative expected return over the last 90 days
Under Armour C reports about 711.91 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Under Armour C has a strong financial position based on the latest SEC filings
Over 76.0% of the company outstanding shares are owned by institutional investors
Latest headline from ndtv.com: Baltimore Bridge Collapse All You Need To Know
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 Backtesting, Under Armour Valuation, Under Armour Correlation, Under Armour Hype Analysis, Under Armour Volatility, Under Armour History as well as Under Armour Performance.
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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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.