Advance Auto Parts Stock Performance
| AAP Stock | USD 76.68 1.32 1.69% |
On a scale of 0 to 100, Advance Auto holds a performance score of 9. The firm shows a Beta (market volatility) of 1.45, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Advance Auto will likely underperform. Please check Advance Auto's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Advance Auto's price patterns will revert.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Advance Auto Parts are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain basic indicators, Advance Auto reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.63) | Five Day Return (0.50) | Year To Date Return 23.85 | Ten Year Return (37.29) | All Time Return 451.98 |
Forward Dividend Yield 0.0128 | Payout Ratio 1.3514 | Last Split Factor 3:2 | Forward Dividend Rate 1 | Dividend Date 2024-04-26 |
1 | Acquisition by Herman Word of 9705 shares of Advance Auto at 79.53 subject to Rule 16b-3 | 03/14/2024 |
2 | Acquisition by Windom Brent of 2683 shares of Advance Auto at 80.5714 subject to Rule 16b-3 | 03/15/2024 |
3 | Arvind Kejriwal giving false, contrary statements 10 key takeaways from EDs judicial remand application | 04/01/2024 |
4 | Enforcement Directorate questioning Arvind Kejriwals PA Bibhav Kumar in Delhi excise policy probe | 04/08/2024 |
5 | Bayers Consumer Health Division Announces Changes to North America Leadership Team | 04/09/2024 |
6 | AAP says Raaj Kumar Anand resigned as he was scared of threats | 04/10/2024 |
7 | AAP names jailed leaders Arvind Kejriwal and Manish Sisodia as star campaigners for Lok Sabha polls in Gujarat | 04/16/2024 |
8 | AAPs Sanjay Singh claims ED preparing to arrest MLA Amanatullah Khan | 04/18/2024 |
9 | Delhi Court directs AIIMS to form medical board, examine jailed Arvind Kejriwal amid insulin row | 04/22/2024 |
| Begin Period Cash Flow | 270.8 M |
Advance |
Advance Auto Relative Risk vs. Return Landscape
If you would invest 6,592 in Advance Auto Parts on January 25, 2024 and sell it today you would earn a total of 1,208 from holding Advance Auto Parts or generate 18.33% return on investment over 90 days. Advance Auto Parts is generating 0.2972% of daily returns assuming volatility of 2.4618% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Advance, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Advance Auto Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advance Auto's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Advance Auto Parts, and traders can use it to determine the average amount a Advance Auto's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1207
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Estimated Market Risk
| 2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Advance Auto is performing at about 9% 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.
Advance Auto Fundamentals Growth
Advance Stock prices reflect investors' perceptions of the future prospects and financial health of Advance Auto, and Advance Auto fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Advance Stock performance.
| Return On Equity | 0.0116 | |||
| Return On Asset | 0.0059 | |||
| Profit Margin | 0 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 8.59 B | |||
| Shares Outstanding | 59.61 M | |||
| Price To Earning | 19.36 X | |||
| Price To Book | 1.67 X | |||
| Price To Sales | 0.37 X | |||
| Revenue | 11.29 B | |||
| Gross Profit | 4.96 B | |||
| EBITDA | 420.83 M | |||
| Net Income | 29.73 M | |||
| Cash And Equivalents | 269.28 M | |||
| Cash Per Share | 3.25 X | |||
| Total Debt | 4.45 B | |||
| Debt To Equity | 1.50 % | |||
| Current Ratio | 1.13 X | |||
| Book Value Per Share | 42.34 X | |||
| Cash Flow From Operations | 287.38 M | |||
| Earnings Per Share | 0.50 X | |||
| Market Capitalization | 4.65 B | |||
| Total Asset | 13 B | |||
| Retained Earnings | 4.56 B | |||
| Working Capital | 1.07 B | |||
| Current Asset | 1.19 B | |||
| Current Liabilities | 722.58 M | |||
About Advance Auto Performance
To evaluate Advance Auto Parts Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Advance Auto generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Advance Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Advance Auto Parts market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Advance's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 260.74 | 204.71 | |
| Return On Tangible Assets | 0.04 | 0.05 | |
| Return On Capital Employed | 0.12 | 0.21 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.16 | 0.14 |
Things to note about Advance Auto Parts performance evaluation
Checking the ongoing alerts about Advance Auto for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Advance Auto Parts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from livemint.com: Delhi Court directs AIIMS to form medical board, examine jailed Arvind Kejriwal amid insulin row |
- Analyzing Advance Auto's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Advance Auto's stock is overvalued or undervalued compared to its peers.
- Examining Advance Auto's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Advance Auto's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Advance Auto's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Advance Auto's stock. These opinions can provide insight into Advance Auto's potential for growth and whether the stock is currently undervalued or overvalued.
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.