Academy Sports OutdoorsInc Performance

ASODelisted Stock  USD 51.83  1.18  2.33%   
On a scale of 0 to 100, Academy Sports holds a performance score of 10. The firm shows a Beta (market volatility) of 0.3341, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Academy's beta means in this case. As returns on the market increase, Academy Sports returns are expected to increase less than the market. However, during the bear market, the loss on holding Academy Sports will be expected to be smaller as well. Although it is vital to follow Academy Sports Outdo historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Academy Sports OutdoorsInc, which you can use to evaluate the performance of the firm. Please makes use of Academy Sports Outdo coefficient of variation, as well as the relationship between the treynor ratio and semi variance to make a quick decision on whether Academy Sports price patterns will revert.
Academy Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Academy Sports OutdoorsInc are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady basic indicators, Academy Sports disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow377.6 M
Total Cashflows From Investing Activities-76 M

Academy Sports Relative Risk vs. Return Landscape

If you would invest  4,312  in Academy Sports OutdoorsInc on November 5, 2022 and sell it today you would earn a total of  871.00  from holding Academy Sports OutdoorsInc or generate 20.2% return on investment over 90 days. Academy Sports OutdoorsInc is generating 0.5133% of daily returns assuming volatility of 3.6776% on return distribution over 90 days investment horizon. In other words, 31% of stocks are less volatile than Academy, and above 90% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Academy Sports is expected to generate 3.34 times more return on investment than the market. However, the company is 3.34 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.12 per unit of risk.

Academy Sports Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Academy Sports' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Academy Sports OutdoorsInc, and traders can use it to determine the average amount a Academy Sports' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1396

Good Returns
Average Returns
Small ReturnsASO
Negative Returns
Estimated Market Risk
  actual daily
 32 %
of total potential
Expected Return
  actual daily
 9 %
of total potential
Risk-Adjusted Return
  actual daily
 10 %
of total potential
Based on monthly moving average Academy Sports is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Academy Sports by adding it to a well-diversified portfolio.

About Academy Sports Performance

To evaluate Academy Sports Outdo Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Academy Sports generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Academy Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Academy Sports Outdo market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Academy's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Academy Sports and Outdoors, Inc., through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors, Inc. was founded in 1938 and is headquartered in Katy, Texas. Academy Sports operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 22000 people.

Things to note about Academy Sports Outdo

Checking the ongoing alerts about Academy Sports for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Academy Sports Outdo help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Academy Sports Alerts

Equity Alerts and Improvement Suggestions

Academy Sports Outdo is now traded under the symbol ASO2. Please update your portfolios or report it if you believe this is an error. Report It!
Please continue to Trending Equities. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Consideration for investing in Academy Stock

If you are still planning to invest in Academy Sports Outdo check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Academy Sports' history and understand the potential risks before investing.
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