Academy Stock Performance

ASO -  USA Stock  

USD 31.39  0.87  2.70%

On a scale of 0 to 100, Academy Sports holds a performance score of 6. The firm shows a Beta (market volatility) of 0.6298, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Academy's beta means in this case. As returns on the market increase, Academy Sports returns are expected to increase less than the market. However, during the bear market, the loss on holding Academy Sports will be expected to be smaller as well. Although it is vital to follow Academy Sports And historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Academy Sports And technical indicators, you can presently evaluate if the expected return of 0.26% will be sustainable into the future. Please makes use of Academy Sports And coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to make a quick decision on whether Academy Sports price patterns will revert.
  
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Academy Performance
6 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Academy Sports And are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady basic indicators, Academy Sports disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more

Academy Price Channel

Quick Ratio0.45
Fifty Two Week Low29.74
Target High Price70.00
Fifty Two Week High51.08
Target Low Price49.00

Academy Sports Relative Risk vs. Return Landscape

If you would invest  1,296  in Academy Sports And on February 18, 2022 and sell it today you would earn a total of  1,843  from holding Academy Sports And or generate 142.21% return on investment over 90 days. Academy Sports And is generating 0.2649% of daily returns assuming volatility of 3.1512% on return distribution over 90 days investment horizon. In other words, 27% of stocks are less volatile than Academy, and above 95% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Academy Sports is expected to generate 3.02 times more return on investment than the market. However, the company is 3.02 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of 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 = 0.0841

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Estimated Market Risk
 3.15
  actual daily
 
 27 %
of total potential
 
2727
Expected Return
 0.26
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.08
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 6 %
of total potential
 
66
Based on monthly moving average Academy Sports is performing at about 6% 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.

About Academy Sports Performance

To evaluate Academy Sports And Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Academy Sports generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Academy Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Academy Sports And stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Academy's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.14  0.11 
Return on Average Equity 0.48  0.40 
Return on Invested Capital 0.27  0.19 
Return on Sales 0.13  0.11 
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 11006 people.

Things to note about Academy Sports And

Checking the ongoing alerts about Academy Sports for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Academy Sports And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Academy Sports Alerts

Equity Alerts and Improvement Suggestions

Academy Sports And has very high historical volatility over the last 90 days
Academy Sports And has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.nasdaq.com: Magnet Forensics A Cybersecurity Stock That Isnt Overpriced - Nasdaq
Please continue to Trending Equities. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.
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.