Academy Stock Alpha and Beta Analysis

ASO -  USA Stock  

USD 38.63  1.91  5.20%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Academy Sports And. It also helps investors analyze the systematic and unsystematic risks associated with investing in Academy Sports over a specified time horizon. Remember, high Academy Sports' 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.
Please continue to Academy Sports Backtesting, Academy Sports Valuation, Academy Sports Correlation, Academy Sports Hype Analysis, Academy Sports Volatility, Academy Sports History and analyze Academy Sports Performance.
  
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Please note that although Academy Sports 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, Academy Sports did 0.39  better 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 Academy Sports And stock's relative risk over its benchmark. Academy Sports And has a beta of 1.98  . Let's try to break down what Academy'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, Academy Sports will likely underperform.
Academy Sports Enterprise Value over EBIT is quite stable at the moment as compared to the past year. The company's current value of Enterprise Value over EBIT is estimated at 7.37. Enterprise Value over EBITDA is expected to rise to 6.12 this year, although Book Value per Share will most likely fall to 15.99.
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.

Academy Sports Quarterly Book Value per Share

17.638

Share

Academy Sports Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Academy Sports market risk premium is the additional return an investor will receive from holding Academy Sports 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 Academy Sports. 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 Academy Sports' performance over market.
α0.39   β1.98
90 days against DJI

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

Academy Sports Market Price Analysis

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

Academy Sports Return and Market Media

The median price of Academy Sports for the period between Mon, Mar 28, 2022 and Sun, Jun 26, 2022 is 37.28 with a coefficient of variation of 7.8. The daily time series for the period is distributed with a sample standard deviation of 2.86, arithmetic mean of 36.69, and mean deviation of 2.26. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Acquisition by Harriman Sherry L of 24417 shares of Academy ...04/01/2022
2
Unclassified Event04/08/2022
3
Academy Sports exotic insider transaction detected04/12/2022
4
Purchase by Raff Beryl of tradable shares of Academy Sports04/18/2022
5
ASO or POOL Which Is the Better Value Stock Right Now - Nasd...04/20/2022
6
EPS Estimate04/27/2022
7
Exercise or conversion by Hicks Ken C of 1273 shares of Acad...05/02/2022
8
Exercise or conversion by Hicks Ken C of 1273 shares of Acad...05/31/2022
9
Academy Sports Outdoors Announces Quarterly Cash Dividend - ...06/02/2022
10
Acquisition by Tweedy Jeffrey C of 4334 shares of Academy Sp...06/03/2022
11
Another strong showing for Academy Sports06/06/2022
12
EPS Reported06/07/2022
13
Acquisition by Tweedy Jeffrey C of tradable shares of Academ...06/10/2022
14
Academy Sports Outdoors Announces Quarterly Cash Dividend - ...06/22/2022

About Academy Sports 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 Academy Sports And 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.
 2010 2020 2022 (projected)
Book Value per Share13.6416.1315.99
Asset Turnover1.281.461.4

Academy Sports Upcoming Company Events

As portrayed in its financial statements, the presentation of Academy Sports' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Academy Sports' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Academy Sports' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Academy Sports. Please utilize our Beneish M Score to check the likelihood of Academy Sports' management manipulating its earnings.
Upcoming Quarterly Report29th of March 2022
Next Financial Report14th of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End29th of March 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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Please continue to Academy Sports Backtesting, Academy Sports Valuation, Academy Sports Correlation, Academy Sports Hype Analysis, Academy Sports Volatility, Academy Sports History and analyze Academy Sports Performance. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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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Academy Sports 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 Academy Sports technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Academy Sports 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...