Academy Sports Outdoors Stock Price on May 24, 2024
| ASO Stock | USD 46.64 0.85 1.86% |
If you're considering investing in Academy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Academy Sports stands at 46.64, as last reported on the 24th of November, with the highest price reaching 47.25 and the lowest price hitting 46.11 during the day. Academy Sports Outdoors secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Academy Sports Outdoors exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Academy Sports' mean deviation of 1.61, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
As of the 24th of November 2024, Common Stock Shares Outstanding is likely to drop to about 68.7 M. In addition to that, Total Stockholder Equity is likely to drop to about 1.1 B. At this time, Academy Sports' Price Earnings Ratio is very stable compared to the past year. As of the 24th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.03, while Price To Sales Ratio is likely to drop 0.24. Academy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Academy |
Sharpe Ratio = -0.1154
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| Negative Returns | ASO |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Academy Sports is not performing at its full potential. However, 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 Academy Sports to a well-diversified portfolio.
Price Book 1.6796 | Enterprise Value Ebitda 5.929 | Price Sales 0.5371 | Shares Float 69.1 M | Dividend Share 0.42 |
Academy Sports Valuation on May 24, 2024
It is possible to determine the worth of Academy Sports on a given historical date. On May 24, 2024 Academy was worth 52.98 at the beginning of the trading date compared to the closed value of 53.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Academy Sports stock. Still, in general, we apply an absolute valuation method to find Academy Sports' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Academy Sports where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Academy Sports' related companies.
| Open | High | Low | Close | Volume | |
| 52.68 | 52.96 | 52.17 | 52.84 | 907,623 | |
05/24/2024 | 52.98 | 53.48 | 52.75 | 53.08 | 700,442 |
| 53.86 | 55.83 | 53.42 | 55.74 | 1,705,878 |
| Backtest Academy Sports | | | Academy Sports History | | | Academy Sports Valuation | Previous | Next |
Academy Sports Trading Date Momentum on May 24, 2024
| On May 28 2024 Academy Sports Outdoors was traded for 55.74 at the closing time. Highest Academy Sports's price during the trading hours was 55.83 and the lowest price during the day was 53.42 . The net volume was 1.7 M. The overall trading history on the 28th of May contributed to the next trading period price boost. The overall trading delta to the next next day price was 5.01% . The overall trading delta to current price is 9.38% . |
Academy Sports Outdoors Fundamentals Correlations and Trends
By evaluating Academy Sports' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Academy Sports' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Academy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Academy Sports Stock history
Academy Sports investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Academy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Academy Sports Outdoors will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Academy Sports stock prices may prove useful in developing a viable investing in Academy Sports
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 77.5 M | 68.7 M | |
| Net Income Applicable To Common Shares | 722.2 M | 758.3 M |
Academy Sports Quarterly Net Working Capital |
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Academy Sports Stock Technical Analysis
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.
Price Boundaries
Academy Sports Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Academy Sports Outdoors cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Academy Sports November 24, 2024 Market Strength
Market strength 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 undertsting and applying Academy Sports stock market strength indicators, traders can identify Academy Sports Outdoors entry and exit signals to maximize returns
Academy Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Academy Sports' price direction in advance. Along with the technical and fundamental analysis of Academy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Academy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.72) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Academy Sports Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Other Specialty Retail space 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 Academy Sports. If investors know Academy 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 Academy Sports 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 (0.03) | Dividend Share 0.42 | Earnings Share 6.44 | Revenue Per Share 82.956 | Quarterly Revenue Growth (0.02) |
The market value of Academy Sports Outdoors is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Academy Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.