Michael Broderick - Advance Auto President
| AWN Stock | EUR 69.17 2.00 2.98% |
President
Mr. Michael T. Broderick is an Executive Vice President Merchandising, and Store Operations Support of the company since February 2018. Mr. Broderick joined us in January 2017 as the Senior Vice President, Professional Sales and has held his current position since February 2018. From March 2017 to February 2018, he served as Senior Vice President, Merchandising. Prior to joining Advance, Mr. Broderick was the Senior Vice President, Automotive with Canadian Tire Corporationrationration, Limited, a family of businesses that includes a retail segment, a financial services division and CT REIT, from 2014 to 2016. Prior to joining Canadian Tire, Mr. Broderick was Chief Executive Officer of the Vehicle Component Solutions Segment at Federal Mogul Corporation from 2012 to 2013. Previously, he served as PresidentCarquest US of General Parts, Inc. from 2009 to 2012 and Senior Vice President, Sales for the company from 2008 to 2009. Mr. Broderick began his career with AutoZone, Inc., where he served in multiple field and operations roles including serving as Vice President for the companys Northeast Division from 1999 to 2008. since 2018.
| Age | 49 |
| Tenure | 6 years |
| Phone | 540 362 4911 |
| Web | https://www.advanceautoparts.com |
Advance Auto Management Efficiency
The company has return on total asset (ROA) of 0.0382 % which means that it generated a profit of $0.0382 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1613 %, meaning that it generated $0.1613 on every $100 dollars invested by stockholders. Advance Auto's management efficiency ratios could be used to measure how well Advance Auto manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0382 |
Advance Auto Parts Leadership Team
Elected by the shareholders, the Advance Auto's board of directors comprises two types of representatives: Advance Auto inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advance. The board's role is to monitor Advance Auto's management team and ensure that shareholders' interests are well served. Advance Auto's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Advance Auto's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jill Livesay, Senior Vice President Chief Accounting Officer, Treasurer | ||
| Bradley Buss, Independent Director | ||
| Jeffrey Shepherd, Senior Vice President Chief Accounting Officer, Controller | ||
| Sharon McCollam, Director | ||
| William Pellicciotti, Controller VP | ||
| Carlos Saladrigas, Independent Director | ||
| Jason McDonell, Marketing Merchandising | ||
| Sri Donthi, Ex CTO | ||
| Thomas Greco, CEO, Director | ||
| Douglas Pertz, Independent Director | ||
| Andrew Page, Senior Vice President Chief Accounting Officer, Controller | ||
| Adriana Karaboutis, Director | ||
| Darren Jackson, CEO, Director | ||
| John Bergstrom, Independent Director | ||
| Julian Raines, Independent Director | ||
| John Ferraro, Director | ||
| Michael Norona, CFO, Executive Vice President Assistant Secretary | ||
| William Oglesby, Independent Director | ||
| Thomas Okray, CFO, Executive Vice President | ||
| Nigel Travis, Independent Director | ||
| Jimmie Wade, Director | ||
| Eugene Lee, Independent Director | ||
| Fiona Dias, Independent Director | ||
| John Brouillard, Non-Executive Independent Chairman of the Board | ||
| William Carter, Senior Vice President - Business Development and Integration | ||
| Michael Broderick, Executive Vice President - Merchandising, and Store Operations Support | ||
| Carlos CPA, CoFounder HR | ||
| Todd Greener, Senior Vice President - Supply Chain | ||
| Natalie Schechtman, Senior Vice President of Human Resources | ||
| George Sherman, President | ||
| Jeffrey Smith, Independent Director | ||
| Charles Tyson, Executive Vice President - Merchandising, Marketing & Supply Chain | ||
| Gilbert Ray, Independent Director | ||
| Tammy Finley, Senior Vice President - Human Resources | ||
| Elisabeth Eisleben, Investor Communications | ||
| Robert Cushing, Executive Vice President - Commercial | ||
| Temple Sloan, President - GPI and Director | ||
| Reuben Slone, Independent Director | ||
| Jeffrey Jones, Director |
Advance Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Advance Auto a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0382 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 11.32 B | |||
| Shares Outstanding | 59.25 M | |||
| Shares Owned By Insiders | 0.82 % | |||
| Shares Owned By Institutions | 98.40 % | |||
| Price To Earning | 22.99 X | |||
| Price To Book | 3.15 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advance Auto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advance Auto's short interest history, or implied volatility extrapolated from Advance Auto options trading.
Pair Trading with Advance Auto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advance Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advance Auto will appreciate offsetting losses from the drop in the long position's value.Moving together with Advance Stock
| 0.86 | OM6 | OReilly Automotive Earnings Call This Week | PairCorr |
| 0.9 | AZ5 | AutoZone | PairCorr |
| 0.8 | TR4 | Tractor Supply Earnings Call This Week | PairCorr |
Moving against Advance Stock
| 0.87 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.7 | MLB1 | MercadoLibre | PairCorr |
| 0.62 | 3E2 | Etsy Inc | PairCorr |
| 0.45 | YHA | Yamaha | PairCorr |
| 0.41 | 92I | ROMERIKE SPAREBANK | PairCorr |
The ability to find closely correlated positions to Advance Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advance Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advance Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advance Auto Parts to buy it.
The correlation of Advance Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advance Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advance Auto Parts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advance Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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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