Under Stock Alpha and Beta Analysis

UA
 Stock
  

USD 9.05  0.16  1.80%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Under Armour. It also helps investors analyze the systematic and unsystematic risks associated with investing in Under Armour over a specified time horizon. Remember, high Under Armour's 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.
Also, please take a look at Under Armour Backtesting, Under Armour Valuation, Under Armour Correlation, Under Armour Hype Analysis, Under Armour Volatility, Under Armour History and analyze Under Armour Performance.
  
Please note that although Under Armour alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Under Armour did 0.14  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Under Armour stock's relative risk over its benchmark. Under Armour has a beta of 1.94  . Let's try to break down what Under's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Under Armour will likely underperform.
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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.

Under Armour Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Under Armour market risk premium is the additional return an investor will receive from holding Under Armour 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 Under Armour. 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 Under Armour's performance over market.
α-0.14   β1.94
90 days against DJI

Under Armour 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 Under Armour's Buy-and-hold return. Our buy-and-hold chart shows how Under Armour performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Under Armour Market Price Analysis

Market price analysis indicators help investors to evaluate how Under Armour stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Under Armour shares will generate the highest return on investment. By understating and applying Under Armour stock market price indicators, traders can identify Under Armour position entry and exit signals to maximize returns.

Under Armour Return and Market Media

The median price of Under Armour for the period between Sat, May 14, 2022 and Fri, Aug 12, 2022 is 8.37 with a coefficient of variation of 9.87. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 8.6, and mean deviation of 0.71. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Under Armour CEO to Exit After 2 Years With Stock in Free Fa...05/18/2022
2
Under Armour Updates FY 2023 Earnings Guidance - MarketBeat05/23/2022
3
Under Armour dropped from SP 500 stock market index - Portla...06/06/2022
4
Stocks Climb On Strength In Mega-Cap Tech Stocks - Barchart06/21/2022
5
EPS Estimate06/30/2022
6
Dow futures gain slightly after the three major averages not...08/02/2022
7
EPS Reported08/03/2022
8
Under Armour, Inc. to Post Q2 2023 Earnings of 0.17 Per Shar...08/08/2022

About Under Armour 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Under Armour 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.

Under Armour Upcoming Company Events

As portrayed in its financial statements, the presentation of Under Armour's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Under Armour's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Under Armour's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Under Armour. Please utilize our Beneish M Score to check the likelihood of Under Armour's management manipulating its earnings.
Upcoming Quarterly Report20th of April 2017
Next Financial Report25th of July 2017
Next Fiscal Quarter End31st of March 2017
Next Fiscal Year End30th of January 2018
Last Quarter Report31st of December 2016
Last Financial Announcement31st of March 2016

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also, please take a look at Under Armour Backtesting, Under Armour Valuation, Under Armour Correlation, Under Armour Hype Analysis, Under Armour Volatility, Under Armour History and analyze Under Armour Performance. Note that the Under Armour information on this page should be used as a complementary analysis to other Under Armour's 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Under Stock analysis

When running Under Armour price analysis, check to measure Under Armour's 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 Under Armour is operating at the current time. Most of Under Armour's value examination focuses on studying past and present price action to predict the probability of Under Armour's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Under Armour's price. Additionally, you may evaluate how the addition of Under Armour to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of Under Armour technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Under Armour trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...