Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Advance Auto Parts is 'Strong Hold'. Macroaxis provides Advance Auto buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AAP positions. The advice algorithm takes into account all of Advance Auto Parts available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AAP buy-and-hold prospective. Check also Advance Auto Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Advance Auto Parts has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio of 0.0Macroaxis provides buy, hold, or sell suggestion on Advance Auto Parts to complement and cross-verify current analyst consensus on Advance Auto Parts. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Advance Auto is not overpriced, please confirm all Advance Auto Parts fundamentals including its Price to Sales, Debt to Equity, Beta, as well as the relationship between Net Income and Short Ratio . Given that Advance Auto Parts has Price to Earning of 27.57X, we suggest you validate Advance Auto Parts market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Advance Auto Trading Alerts and Improvement Suggestions
Advance Auto Parts generates negative expected return over the last 30 days
Over 102.0% of the company shares are held by institutions such as insurance companies
Advance Auto Parts exhibits very low volatility with skewness of -0.04 and kurtosis of 0.68. However, we advise investors to further study Advance Auto Parts technical indicators to make sure all market info is available and is reliable.