Academy Sports (Brazil) Today
Academy Sports is trading at 85.36 as of the 24th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 85.36. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 24th of January 2025. Click here to learn more.
Academy Sports Risk Profiles
Although Academy Sports' alpha and beta are two of the key measurements used to evaluate Academy Sports' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.9639 | |||
Standard Deviation | 2.7 | |||
Variance | 7.29 | |||
Risk Adjusted Performance | 0.0548 |
Academy Stock Against Markets
Academy Sports Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Academy Sports stock to make a market-neutral strategy. Peer analysis of Academy Sports could also be used in its relative valuation, which is a method of valuing Academy Sports by comparing valuation metrics with similar companies.
Risk & Return | Correlation |