Academy Sports Outdoorsinc Stock Alpha and Beta Analysis
| ASO Stock | USD 57.44 0.28 0.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Academy Sports OutdoorsInc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Academy Sports over a specified time horizon. Remember, high Academy Sports' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Academy Sports' market risk premium analysis include:
Beta 1.07 | Alpha (0.20) | Risk 2.26 | Sharpe Ratio (0.07) | Expected Return (0.17) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Academy |
Academy Sports Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Academy Sports market risk premium is the additional return an investor will receive from holding Academy Sports long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Academy Sports. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Academy Sports' performance over market.| α | -0.2 | β | 1.07 |
Academy Sports expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Academy Sports' Buy-and-hold return. Our buy-and-hold chart shows how Academy Sports performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Academy Sports Market Price Analysis
Market price analysis indicators help investors to evaluate how Academy Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Academy Sports shares will generate the highest return on investment. By understating and applying Academy Sports stock market price indicators, traders can identify Academy Sports position entry and exit signals to maximize returns.
Academy Sports Return and Market Media
The median price of Academy Sports for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 65.65 with a coefficient of variation of 6.88. The daily time series for the period is distributed with a sample standard deviation of 4.56, arithmetic mean of 66.33, and mean deviation of 3.81. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Tweedy Jeffrey C of 5178 shares of Academy Sports subject to Rule 16b-3 | 02/08/2024 |
2 | Acquisition by Tweedy Jeffrey C of tradable shares of Academy Sports subject to Rule 16b-3 | 03/01/2024 |
3 | Is There An Opportunity With Academy Sports and Outdoors, Inc.s 22 percent Undervaluation | 03/06/2024 |
4 | Academy Sports Outdoors Appoints Monique Picou to its Board of Directors | 03/19/2024 |
5 | Academy Sports Outdoors Reports Fourth Quarter and Fiscal 2023 Results | 03/21/2024 |
6 | Academy Sports Outdoors shifts expansion strategy as it ramps up new store openings | 03/26/2024 |
7 | Acquisition by Picou Monique of 492 shares of Academy Sports subject to Rule 16b-3 | 03/27/2024 |
8 | Disposition of 1274 shares by Hicks Ken C of Academy Sports subject to Rule 16b-3 | 04/03/2024 |
9 | Blue Trust Inc. Decreases Stake in Academy Sports and Outdoors, Inc. - Defense World | 04/04/2024 |
10 | Academy Sports and Outdoors, Inc. Shares Sold by Peregrine Capital Management LLC - MarketBeat | 04/09/2024 |
11 | Jefferies starts Academy Sports with Buy, sees share price as undervalued growth | 04/12/2024 |
12 | Disposition of 3724 shares by Mccabe Matthew M. of Academy Sports subject to Rule 16b-3 | 04/15/2024 |
13 | n-Lorem Foundation Collaborates with Across Healthcare to Develop a Custom Submission Platform for Physicians of Nano-rare Patients | 04/16/2024 |
| Academy Sports dividend paid on 18th of April 2024 | 04/18/2024 |
About Academy Sports Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Academy or other stocks. Alpha measures the amount that position in Academy Sports Outdo has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2024 (projected) | null | 0.005599 | 0.13 | null | 0.79 | 0.24 |
Academy Sports Upcoming Company Events
As portrayed in its financial statements, the presentation of Academy Sports' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Academy Sports' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Academy Sports' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Academy Sports. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Academy Sports
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Academy Sports Backtesting, Academy Sports Valuation, Academy Sports Correlation, Academy Sports Hype Analysis, Academy Sports Volatility, Academy Sports History and analyze Academy Sports Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Academy Stock analysis
When running Academy Sports' price analysis, check to measure Academy Sports' 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 Academy Sports is operating at the current time. Most of Academy Sports' value examination focuses on studying past and present price action to predict the probability of Academy Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Academy Sports' price. Additionally, you may evaluate how the addition of Academy Sports to your portfolios can decrease your overall portfolio volatility.
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Academy Sports technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.