Advance Auto Parts Stock Price on November 10, 2020
| AAP Stock | USD 70.08 0.42 0.60% |
Below is the normalized historical share price chart for Advance Auto Parts extending back to November 29, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Advance Auto stands at 70.08, as last reported on the 15th of April 2024, with the highest price reaching 72.49 and the lowest price hitting 69.97 during the day.
If you're considering investing in Advance Stock, it is important to understand the factors that can impact its price. Advance Auto appears to be very steady, given 3 months investment horizon. Advance Auto Parts secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Advance Auto Parts, which you can use to evaluate the volatility of the firm. Please makes use of Advance Auto's Downside Deviation of 2.33, risk adjusted performance of 0.0723, and Mean Deviation of 1.8 to double-check if our risk estimates are consistent with your expectations.
At this time, Advance Auto's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/15/2024, Liabilities And Stockholders Equity is likely to grow to about 13.7 B, while Total Stockholder Equity is likely to drop slightly above 1.8 B. . At this time, Advance Auto's Price Book Value Ratio is relatively stable compared to the past year. As of 04/15/2024, Price To Book Ratio is likely to grow to 4.84, though Price Earnings To Growth Ratio is likely to grow to (1.05). Advance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of November 2001 | 200 Day MA 64.3868 | 50 Day MA 73.3788 | Beta 1.197 |
Advance |
Sharpe Ratio = 0.1017
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Estimated Market Risk
| 2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Advance Auto is performing at about 7% 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 Advance Auto by adding it to a well-diversified portfolio.
Price Book 1.6678 | Enterprise Value Ebitda 18.0627 | Price Sales 0.3723 | Shares Float 55.5 M | Dividend Share 2.25 |
Advance Auto Valuation on November 10, 2020
It is possible to determine the worth of Advance Auto on a given historical date. On November 10, 2020 Advance was worth 207.76 at the beginning of the trading date compared to the closed value of 196.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advance Auto stock. Still, in general, we apply an absolute valuation method to find Advance Auto's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Advance Auto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advance Auto's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 207.76 | 209.28 | 196.12 | 196.12 | 693,447 |
| 207.53 | 212.30 | 200.32 | 200.32 | 689,054 |
| Backtest Advance Auto | | | Advance Auto History | | | Advance Auto Valuation | Next |
Advance Auto Trading Date Momentum on November 10, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Advance Auto Parts Fundamentals Correlations and Trends
By evaluating Advance Auto's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Advance Auto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advance Auto Stock history
Advance Auto investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Advance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advance Auto Parts will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Advance Auto stock prices may prove useful in developing a viable investing in Advance Auto
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.6 M | 66.6 M | |
| Net Income Applicable To Common Shares | 577.2 M | 362.5 M |
Advance Auto Quarterly Net Working Capital |
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Advance Auto Stock Technical Analysis
Advance Auto 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.
Price Boundaries
Advance Auto Period Price Range
Low | April 1, 2022
| High |
207.76 | 196.12 |
Advance Auto April 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Advance Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advance Auto shares will generate the highest return on investment. By undertsting and applying Advance Auto stock market strength indicators, traders can identify Advance Auto Parts entry and exit signals to maximize returns
| Accumulation Distribution | 43605.52 | |||
| Daily Balance Of Power | (0.88) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 202.7 | |||
| Day Typical Price | 200.51 | |||
| Price Action Indicator | (12.40) | |||
| Period Momentum Indicator | (126.04) | |||
| Relative Strength Index | 54.36 |
Advance Auto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advance Auto's price direction in advance. Along with the technical and fundamental analysis of Advance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.1281 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0733 | |||
| Treynor Ratio | 0.1471 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advance Auto Parts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto'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 the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Advance Stock analysis
When running Advance Auto's price analysis, check to measure Advance Auto'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 Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.
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Is Advance Auto'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 Advance Auto. If investors know Advance 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 Advance Auto 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 (0.40) | Dividend Share 2.25 | Earnings Share 0.5 | Revenue Per Share 189.925 | Quarterly Revenue Growth (0) |
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto'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 Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto'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 Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advance Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto'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.