Academy Sports Outdoors Stock Alpha and Beta Analysis
| ASO Stock | USD 55.45 2.87 5.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Academy Sports Outdoors. 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 0.31 | Alpha (0.02) | Risk 2.21 | Sharpe Ratio (0.03) | Expected Return (0.07) |
Enterprise Value |
|
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 | -0.02 | β | 0.31 |
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 Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 53.27 with a coefficient of variation of 7.99. The daily time series for the period is distributed with a sample standard deviation of 4.26, arithmetic mean of 53.4, and mean deviation of 3.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3130 shares by Samuel Johnson of Academy Sports at 52.64 subject to Rule 16b-3 | 09/17/2024 |
2 | Disposition of 1200 shares by Tweedy Jeffrey C. of Academy Sports at 62.0 subject to Rule 16b-3 | 09/18/2024 |
3 | Second Quarter Health Insurance Membership Trends Assessed by Mark Farrah Associates | 10/08/2024 |
| Academy Sports dividend paid on 17th of October 2024 | 10/17/2024 |
4 | Disposition of 1244 shares by Hicks Ken C of Academy Sports subject to Rule 16b-3 | 10/30/2024 |
5 | Disposition of 1274 shares by Hicks Ken C of Academy Sports subject to Rule 16b-3 | 10/31/2024 |
6 | Specialty Retail Q2 Earnings Dicks is the Best in the Biz | 11/18/2024 |
7 | Disposition of 617 shares by Hicks Ken C of Academy Sports at 55.29 subject to Rule 16b-3 | 11/27/2024 |
8 | Verition Fund Management LLC Purchases 344,466 Shares of Academy Sports and Outdoors, Inc. | 11/29/2024 |
9 | Disposition of 1249 shares by Hicks Ken C of Academy Sports at 49.25 subject to Rule 16b-3 | 12/02/2024 |
10 | Analysts Estimate Academy Sports and Outdoors, Inc. to Report a Decline in Earnings What to Look Out for | 12/03/2024 |
11 | At US49.96, Is Academy Sports and Outdoors, Inc. Worth Looking At Closely | 12/04/2024 |
12 | CORRECTED Academy Sports Outdoors AnnouncesNew 700 Million Share Repurchase Program andQuarterly Cash Dividend | 12/05/2024 |
13 | Academy Sports and Outdoors, Inc. Plans Quarterly Dividend of 0.11 | 12/06/2024 |
14 | Academy Sports and Outdoors Inc Q3 2024 Earnings Report Preview What To Look For | 12/09/2024 |
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 Outdoors 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.