Academy Book Value per Share Trend from 2010 to 2022

ASO
 Stock
  

USD 36.00  0.56  1.53%   

Academy Sports Book Value per Share yearly trend continues to be quite stable with very little volatility. The value of Book Value per Share is projected to decrease to 15.99. From the period between 2010 and 2022, Academy Sports, Book Value per Share regression line of its data series had standard deviation of 1.07 and standard deviation of  1.07.
  
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Check Academy Sports financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Academy main balance sheet or income statement drivers, such as Consolidated Income of 515.9 M, Cost of Revenue of 4.4 B or Earning Before Interest and Taxes EBIT of 702.2 M, as well as many exotic indicators such as Asset Turnover of 1.4, Book Value per Share of 15.99 or Current Ratio of 1.44. Academy financial statements analysis is a perfect complement when working with Academy Sports Valuation or Volatility modules. It can also supplement various Academy Sports Technical models. Please continue to the analysis of Academy Sports Correlation against competitors.

Academy Sports Quarterly Book Value per Share

17.638

All Fundamentals

About Academy Sports Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Academy Sports income statement, its balance sheet, and the statement of cash flows. Academy Sports investors use historical funamental indicators, such as Academy Sports's Book Value per Share, to determine how well the company is positioned to perform in the future. Although Academy Sports investors may use each financial statement separately, they are all related. The changes in Academy Sports's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Academy Sports's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Academy Sports Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Academy Sports. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Book Value per Share 16.13  15.99 
Tangible Assets Book Value per Share 34.59  38.08 
Enterprise Value4.8 B4.5 B
Tangible Asset Value3.1 B3.2 B
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.

Academy Sports Investors Sentiment

The influence of Academy Sports' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Academy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Academy Sports' public news can be used to forecast risks associated with investment in Academy. The trend in average sentiment can be used to explain how an investor holding Academy can time the market purely based on public headlines and social activities around Academy Sports And. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Academy Sports' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Academy Sports' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Academy Sports' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Academy Sports.

Academy Sports Implied Volatility

    
  69.89  
Academy Sports' implied volatility exposes the market's sentiment of Academy Sports And stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Academy Sports' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Academy Sports stock will not fluctuate a lot when Academy Sports' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Academy Sports in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Academy Sports' short interest history, or implied volatility extrapolated from Academy Sports options trading.

Current Sentiment - ASO

Academy Sports And Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Academy Sports And. What is your sentiment towards investing in Academy Sports And? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with Academy Sports

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Academy Sports position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Academy Sports will appreciate offsetting losses from the drop in the long position's value.

Academy Sports Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Academy Sports - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Academy Sports And to buy it.
The correlation of Academy Sports is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports And moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Academy Sports can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Academy Sports Correlation against competitors. Note that the Academy Sports And information on this page should be used as a complementary analysis to other Academy Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Academy Stock analysis

When running Academy Sports And 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 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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Is Academy Sports' industry 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 YOY
-0.082
Market Capitalization
B
Quarterly Revenue Growth YOY
-0.071
Return On Assets
0.12
Return On Equity
0.45
The market value of Academy Sports And 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 Academy Sports value 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.