Academy Sports (Brazil) Performance
| A2SO34 Stock | 85.36 1.04 1.20% |
Academy Sports has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Academy Sports are expected to decrease at a much lower rate. During the bear market, Academy Sports is likely to outperform the market. Academy Sports right now shows a risk of 2.86%. Please confirm Academy Sports coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Academy Sports will be following its price patterns.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Academy Sports and are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Academy Sports may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
Academy |
Academy Sports Relative Risk vs. Return Landscape
If you would invest 7,909 in Academy Sports and on October 17, 2024 and sell it today you would earn a total of 627.00 from holding Academy Sports and or generate 7.93% return on investment over 90 days. Academy Sports and is generating 0.1701% of daily returns and assumes 2.8574% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Academy, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| 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 and, 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 = 0.0595
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Academy Sports is performing at about 4% 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.
Things to note about Academy Sports performance evaluation
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 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Academy Sports' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Academy Sports' stock performance include:- Analyzing Academy Sports' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Academy Sports' stock is overvalued or undervalued compared to its peers.
- Examining Academy Sports' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Academy Sports' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Academy Sports' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Academy Sports' stock. These opinions can provide insight into Academy Sports' potential for growth and whether the stock is currently undervalued or overvalued.
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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