Under Stock Market Value

UA
 Stock
  

USD 8.89  0.14  1.60%   

Under Armour's market value is the price at which a share of Under Armour stock trades on a public exchange. It measures the collective expectations of Under Armour investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Under Armour and determine expected loss or profit from investing in Under Armour over a given investment horizon. Also, please take a look at Under Armour Hype Analysis, Under Armour Correlation, Under Armour Valuation, Under Armour Volatility, as well as analyze Under Armour Alpha and Beta and Under Armour Performance.
Symbol


Is Under Armour's 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 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 YOY
-0.87
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
-0.002
Return On Assets
0.0655
Return On Equity
0.19
The market value of Under Armour 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 Under Armour value 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.
0.00
07/13/2022
No Change 0.00  0.0 
In 30 days
08/12/2022
0.00
If you would invest  0.00  in Under Armour on July 13, 2022 and sell it all today you would earn a total of 0.00 from holding Under Armour or generate 0.0% return on investment in Under Armour over 30 days. Under Armour is related to or competes with Nike, Netflix, Newell Brands, Penn Entertainment, Pepsico, and Procter Gamble. 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 upside and downside potential and time the market with a certain degree of confidence.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Under Armour's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Under Armour in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.958.8812.81
Details
Intrinsic
Valuation
LowReal ValueHigh
8.0015.6619.59
Details
Naive
Forecast
LowNext ValueHigh
4.388.3012.23
Details
3 Analysts
Consensus
LowTarget PriceHigh
32.0036.0040.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Under Armour. Your research has to be compared to or analyzed against Under Armour's peers to derive any actionable benefits. When done correctly, Under Armour's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Under Armour.

Under Armour Backtested Returns

Under Armour owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0282, which indicates the firm had -0.0282% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Under Armour exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Under Armour risk adjusted performance of (0.0045), and Coefficient Of Variation of (10,961) to confirm the risk estimate we provide.
The entity has a beta of 1.9367, which indicates a somewhat significant risk relative to the market. 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. Even though it is essential to pay attention to Under Armour current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Under Armour exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Under Armour has an expected return of -0.11%. Please be advised to validate Under Armour potential upside, and the relationship between the total risk alpha and kurtosis to decide if Under Armour performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.37  

Below average predictability

Under Armour has below average predictability. Overlapping area represents the amount of predictability between Under Armour time series from 13th of July 2022 to 28th of July 2022 and 28th of July 2022 to 12th of August 2022. 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 price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Under Armour price fluctuation can be explain by its past prices.
Correlation Coefficient0.37
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.06

Under Armour 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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       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   
Share
       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.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Under Armour without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Also, please take a look at Under Armour Hype Analysis, Under Armour Correlation, Under Armour Valuation, Under Armour Volatility, as well as analyze Under Armour Alpha and Beta and 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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...