Autozone Stock Price on September 2, 2022
| AZO Stock | USD 2,989 27.47 0.93% |
Below is the normalized historical share price chart for AutoZone extending back to April 02, 1991. 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 AutoZone stands at 2,989, as last reported on the 25th of April, with the highest price reaching 2,994 and the lowest price hitting 2,944 during the day.
If you're considering investing in AutoZone Stock, it is important to understand the factors that can impact its price. We consider AutoZone very steady. AutoZone secures Sharpe Ratio (or Efficiency) of 0.0879, which signifies that the company had a 0.0879% return per unit of risk over the last 3 months. We have found thirty technical indicators for AutoZone, which you can use to evaluate the volatility of the firm. Please confirm AutoZone's Mean Deviation of 0.9481, downside deviation of 1.4, and Risk Adjusted Performance of 0.0549 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, AutoZone's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of April 2024, Capital Stock is likely to grow to about 185.6 K, though Total Stockholder Equity is likely to grow to (3.7 B). . At this time, AutoZone's Price Earnings Ratio is very stable compared to the past year. As of the 25th of April 2024, Price Earnings To Growth Ratio is likely to grow to 0.87, while Price To Sales Ratio is likely to drop 1.38. AutoZone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of April 1991 | 200 Day MA 2.7 K | 50 Day MA 3 K | Beta 0.705 |
AutoZone |
Sharpe Ratio = 0.0879
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| Cash | Small Risk | AZO | High Risk | Huge Risk |
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average AutoZone is performing at about 6% 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 AutoZone by adding it to a well-diversified portfolio.
Price Book 13.383 | Enterprise Value Ebitda 14.9313 | Price Sales 2.8747 | Shares Float 17.2 M | Wall Street Target Price 3.3 K |
AutoZone Valuation on September 2, 2022
It is possible to determine the worth of AutoZone on a given historical date. On September 2, 2022 AutoZone was worth 2150.83 at the beginning of the trading date compared to the closed value of 2120.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AutoZone stock. Still, in general, we apply an absolute valuation method to find AutoZone'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 AutoZone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AutoZone's related companies.
| Open | High | Low | Close | Volume | |
| 2,116 | 2,147 | 2,111 | 2,146 | 133,500 | |
09/02/2022 | 2,151 | 2,161 | 2,112 | 2,121 | 137,200 |
| 2,121 | 2,146 | 2,119 | 2,131 | 119,800 |
| Backtest AutoZone | | | AutoZone History | | | AutoZone Valuation | Previous | Next |
AutoZone Trading Date Momentum on September 2, 2022
| On September 06 2022 AutoZone was traded for 2,131 at the closing time. Highest AutoZone's price during the trading hours was 2,146 and the lowest price during the day was 2,119 . The net volume was 119.8 K. The overall trading history on the 6th of September contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.47% . The overall trading delta to current price is 3.87% . |
AutoZone Fundamentals Correlations and Trends
By evaluating AutoZone'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 AutoZone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AutoZone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AutoZone Stock history
AutoZone 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 AutoZone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AutoZone 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 AutoZone stock prices may prove useful in developing a viable investing in AutoZone
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.2 M | 16.3 M | |
| Net Income Applicable To Common Shares | 2.9 B | 3.1 B |
AutoZone Stock Technical Analysis
AutoZone 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
AutoZone Period Price Range
Low | September 2, 2022
| High |
2,151 | 2,121 |
AutoZone April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how AutoZone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AutoZone shares will generate the highest return on investment. By undertsting and applying AutoZone stock market strength indicators, traders can identify AutoZone entry and exit signals to maximize returns
| Accumulation Distribution | 3088.13 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2136.67 | |||
| Day Typical Price | 2131.41 | |||
| Market Facilitation Index | 4.0E-4 | |||
| Price Action Indicator | (30.76) | |||
| Period Momentum Indicator | 867.63 | |||
| Relative Strength Index | 53.9 |
AutoZone Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AutoZone's price direction in advance. Along with the technical and fundamental analysis of AutoZone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AutoZone 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 | 0.0549 | |||
| Jensen Alpha | 0.0796 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0105 | |||
| Treynor Ratio | 0.4182 |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. 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. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.Note that the AutoZone information on this page should be used as a complementary analysis to other AutoZone'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for AutoZone Stock analysis
When running AutoZone's price analysis, check to measure AutoZone'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 AutoZone is operating at the current time. Most of AutoZone's value examination focuses on studying past and present price action to predict the probability of AutoZone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoZone's price. Additionally, you may evaluate how the addition of AutoZone to your portfolios can decrease your overall portfolio volatility.
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Is AutoZone'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 AutoZone. If investors know AutoZone 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 AutoZone 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 0.172 | Earnings Share 141.83 | Revenue Per Share 999.527 | Quarterly Revenue Growth 0.046 | Return On Assets 0.1423 |
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone'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 AutoZone's market value can be influenced by many factors that don't directly affect AutoZone'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 AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone'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.