Under Armour C Stock Market Value
| UA Stock | USD 8.72 0.29 3.44% |
| Symbol | Under |
Under Armour C Price To Book Ratio
Is Apparel, Accessories & Luxury Goods 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 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 0.686 | Earnings Share (0.04) | Revenue Per Share 12.41 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0284 |
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.
Under Armour 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Under Armour's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Under Armour.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Under Armour on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Under Armour C or generate 0.0% return on investment in Under Armour over 720 days. Under Armour is related to or competes with Levi Strauss, Columbia Sportswear, Hanesbrands, PVH Corp, VF, Under Armour, and Ralph Lauren. Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance a... More
Under Armour Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Under Armour's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Under Armour C upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0189 | |||
| Maximum Drawdown | 35.2 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 5.76 |
Under Armour Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Under Armour's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Under Armour's standard deviation. In reality, there are many statistical measures that can use Under Armour historical prices to predict the future Under Armour's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | 0.1532 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | 0.4975 |
Under Armour C Backtested Returns
Under Armour appears to be slightly risky, given 3 months investment horizon. Under Armour C owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0483, which indicates the firm had a 0.0483% return per unit of risk over the last 3 months. We have found thirty technical indicators for Under Armour C, which you can use to evaluate the volatility of the company. Please review Under Armour's Semi Deviation of 3.15, risk adjusted performance of 0.046, and Coefficient Of Variation of 2030.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Under Armour holds a performance score of 3. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Under Armour's returns are expected to increase less than the market. However, during the bear market, the loss of holding Under Armour is expected to be smaller as well. Please check Under Armour's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Under Armour's existing price patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Under Armour C has insignificant predictability. Overlapping area represents the amount of predictability between Under Armour time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Under Armour C price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Under Armour price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Under Armour C lagged returns against current returns
Autocorrelation, which is Under Armour stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Under Armour's stock expected returns. We can calculate the autocorrelation of Under Armour returns to help us make a trade decision. For example, suppose you find that Under Armour has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Under Armour regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Under Armour stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Under Armour stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Under Armour stock over time.
Current vs Lagged Prices |
| Timeline |
Under Armour Lagged Returns
When evaluating Under Armour's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Under Armour stock have on its future price. Under Armour autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Under Armour autocorrelation shows the relationship between Under Armour stock current value and its past values and can show if there is a momentum factor associated with investing in Under Armour C.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Under Armour Correlation, Under Armour Volatility and Under Armour Alpha and Beta module to complement your research on Under Armour. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Under Armour 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.