Under Stock Technical Analysis

UA
 Stock
  

USD 7.67  0.09  1.19%   

As of the 2nd of July, Under Armour has the coefficient of variation of (487.89), and Risk Adjusted Performance of (0.28). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Under Armour, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Under Armour, which can be compared to its competition. Please validate Under Armour information ratio, as well as the relationship between the potential upside and kurtosis to decide if Under Armour is priced more or less accurately, providing market reflects its prevalent price of 7.67 per share. Given that Under Armour has jensen alpha of (0.68), we advise you to double-check Under Armour's current market performance to make sure the company can sustain itself at a future point.
  
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Under Armour Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Under, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Under
Under Armour's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Under Armour Analyst Consensus

Target PriceAdvice# of Analysts
36.0Hold2Odds
Under Armour current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Under analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Under stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Under Armour, talking to its executives and customers, or listening to Under conference calls.
Under Analyst Advice Details
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...

Under Armour Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Under Armour volatility developed by Welles Wilder.
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Under Armour Trend Analysis

Use this graph to draw trend lines for Under Armour. You can use it to identify possible trend reversals for Under Armour as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Under Armour price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Under Armour Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Under Armour applied against its price change over selected period. The best fit line has a slop of   -0.14  , which may indicate that the price for Under Armour will continue to decline. It has 122 observation points and a regression sum of squares at 733.4, which is the sum of squared deviations for the predicted Under Armour price change compared to its average price change.

About Under Armour Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Under Armour on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Under Armour based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Under Armour stock first instead of the macroeconomic environment surrounding Under Armour. By analyzing Under Armour's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Under Armour's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Under Armour specific price patterns or momentum indicators. Please read more on our technical analysis page.

Under Armour July 2, 2022 Technical Indicators

Most technical analysis of Under help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Under from various momentum indicators to cycle indicators. When you analyze Under charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Also, please take a look at World Market Map. 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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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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
-0.44
Market Capitalization
3.7 B
Quarterly Revenue Growth YOY
0.035
Return On Assets
0.0563
Return On Equity
0.13
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.