AutoZone Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:4em;'>AU</div>
AZO -- USA Stock  

USD 1,183  7.61  0.65%

Considering the 90-days investment horizon, AutoZone is expected to generate 0.99 times more return on investment than the market. However, the company is 1.01 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of risk. As many old-fashioned traders are trying to avoid consumer cyclical space, it makes sense to outline AutoZone a little further and try to understand its current volatility patterns. We will inspect how risky is to take a position in AutoZone at this time.
Published over a month ago
View all stories for AutoZone | View All Stories
What should you know about AutoZone (NYSE:AZO) volatility?
AutoZone has roughly 543.5 M in cash with 2.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.27.
Volatility is a rate at which the price of AutoZone or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of AutoZone may increase or decrease. In other words, similar to AutoZone's beta indicator, it measures the risk of AutoZone and helps estimate the fluctuations that may happen in a short period of time. So if prices of AutoZone fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is AutoZone's Liquidity

AutoZone financial leverage refers to using borrowed capital as a funding source to finance AutoZone ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. AutoZone financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between AutoZone's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for AutoZone, but it might be worth checking our own buy vs. sell analysis

AutoZone Volatility Drivers

AutoZone unsystematic risk is unique to AutoZone and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in AutoZone you can also buy Best Buy Co. You can also mitigate this risk by investing in the specialty retail sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing AutoZone important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in AutoZone income statement and balance sheet. Here are more details about AutoZone volatility.
0.810.810.860.750.94-0.10.770.73-0.430.730.970.70.690.750.040.70.70.850.39-0.91-0.82-0.920.90.87-0.92-0.69-0.94-0.83-0.36-0.681.0-0.681.00.82-0.79-0.810.51-0.88-0.250.790.910.160.4-0.870.170.41-0.05-0.62-0.610.850.920.060.830.4-0.390.670.90.820.840.650.820.83
0.811.00.811.00.93-0.231.00.99-0.350.990.650.960.980.990.590.960.960.990.8-0.98-0.62-0.750.940.75-0.62-0.15-0.59-0.370.17-0.250.82-0.150.850.45-0.98-0.920.92-0.670.290.980.980.710.82-0.930.680.80.47-0.94-0.580.990.63-0.511.00.8-0.540.940.981.01.00.931.00.49
0.811.00.80.990.92-0.251.00.99-0.380.990.660.970.980.990.60.970.970.980.81-0.98-0.6-0.740.930.77-0.62-0.15-0.59-0.370.18-0.240.82-0.150.850.45-0.98-0.920.91-0.650.30.980.980.70.83-0.930.690.810.48-0.94-0.551.00.64-0.521.00.81-0.550.950.981.00.990.941.00.48
0.860.810.80.770.950.190.760.720.060.70.830.620.710.750.070.620.620.890.3-0.88-0.95-0.930.940.54-0.88-0.54-0.84-0.7-0.39-0.730.9-0.550.880.85-0.88-0.70.64-0.94-0.270.690.870.280.34-0.790.180.31-0.1-0.69-0.920.80.590.00.850.31-0.140.570.90.840.860.540.820.87
0.751.00.990.770.89-0.251.00.99-0.330.990.580.971.01.00.660.970.970.970.84-0.95-0.56-0.70.910.71-0.54-0.05-0.51-0.280.26-0.170.76-0.050.790.38-0.98-0.910.95-0.610.370.970.950.770.86-0.910.750.840.54-0.97-0.550.980.56-0.590.990.84-0.550.950.960.990.980.940.990.41
0.940.930.920.950.890.00.890.86-0.250.850.860.810.840.880.250.810.810.970.52-0.98-0.85-0.90.970.75-0.86-0.49-0.84-0.67-0.21-0.590.96-0.490.960.75-0.94-0.840.73-0.87-0.080.870.980.40.55-0.890.360.530.11-0.78-0.760.930.75-0.160.950.53-0.340.770.980.940.960.750.930.78
-0.1-0.23-0.250.19-0.250.0-0.27-0.320.65-0.360.02-0.41-0.29-0.28-0.48-0.41-0.41-0.1-0.570.16-0.410.07-0.12-0.53-0.25-0.31-0.16-0.26-0.59-0.48-0.02-0.31-0.090.320.110.54-0.25-0.11-0.59-0.36-0.14-0.38-0.480.44-0.54-0.57-0.620.38-0.51-0.25-0.290.46-0.18-0.570.94-0.45-0.1-0.19-0.16-0.47-0.220.35
0.771.01.00.761.00.89-0.271.0-0.371.00.60.980.991.00.650.980.980.970.84-0.96-0.55-0.70.910.74-0.55-0.07-0.53-0.30.25-0.170.78-0.070.810.38-0.97-0.920.94-0.60.370.980.960.760.86-0.920.740.850.54-0.96-0.520.990.59-0.580.990.85-0.570.960.960.990.980.951.00.41
0.730.990.990.720.990.86-0.321.0-0.411.00.560.991.01.00.70.990.990.950.88-0.94-0.49-0.660.880.74-0.5-0.02-0.48-0.240.31-0.10.74-0.020.780.32-0.96-0.920.94-0.550.430.990.940.790.89-0.910.780.880.6-0.96-0.460.980.58-0.630.980.88-0.610.980.940.980.970.970.990.35
-0.43-0.35-0.380.06-0.33-0.250.65-0.37-0.41-0.42-0.35-0.53-0.35-0.38-0.33-0.53-0.53-0.25-0.540.36-0.150.12-0.19-0.790.150.140.230.18-0.29-0.18-0.350.11-0.40.050.180.5-0.16-0.01-0.33-0.54-0.38-0.17-0.50.43-0.38-0.57-0.420.24-0.43-0.43-0.70.26-0.32-0.550.67-0.57-0.31-0.32-0.31-0.59-0.350.05
0.730.990.990.70.990.85-0.361.01.0-0.420.550.990.991.00.70.990.990.950.89-0.93-0.47-0.660.880.75-0.49-0.01-0.47-0.230.33-0.090.740.00.770.31-0.95-0.930.94-0.550.440.980.930.790.9-0.920.790.890.61-0.97-0.440.980.58-0.630.970.89-0.640.980.930.980.960.970.980.34
0.970.650.660.830.580.860.020.60.56-0.350.550.520.50.58-0.190.520.520.720.16-0.8-0.85-0.90.80.79-0.97-0.84-0.99-0.94-0.56-0.810.97-0.840.960.91-0.65-0.670.31-0.9-0.460.630.8-0.070.17-0.75-0.060.19-0.28-0.43-0.620.70.910.290.690.18-0.250.480.780.670.710.460.670.91
0.70.960.970.620.970.81-0.410.980.99-0.530.990.520.980.980.741.01.00.910.92-0.9-0.39-0.580.820.78-0.430.02-0.42-0.190.39-0.010.70.030.740.23-0.9-0.910.91-0.460.510.990.910.790.93-0.880.820.930.66-0.93-0.330.960.6-0.670.940.93-0.671.00.890.950.930.990.960.26
0.690.980.980.711.00.84-0.290.991.0-0.350.990.50.981.00.730.980.980.950.88-0.92-0.48-0.630.870.68-0.460.04-0.43-0.190.35-0.070.70.040.740.29-0.96-0.890.97-0.530.460.970.920.830.9-0.880.810.880.62-0.97-0.480.970.51-0.670.970.89-0.580.970.920.980.960.960.980.32
0.750.990.990.751.00.88-0.281.01.0-0.381.00.580.981.00.680.980.980.970.86-0.95-0.53-0.680.90.73-0.53-0.05-0.5-0.270.28-0.140.76-0.040.790.35-0.97-0.910.94-0.580.40.980.950.770.88-0.910.760.860.56-0.96-0.510.990.58-0.60.990.86-0.570.970.950.990.980.960.990.39
0.040.590.60.070.660.25-0.480.650.7-0.330.7-0.190.740.730.680.740.740.480.93-0.410.220.040.310.280.260.680.290.510.890.620.050.690.1-0.45-0.53-0.520.80.180.940.640.420.960.93-0.430.990.920.98-0.740.10.56-0.03-0.990.540.92-0.570.770.410.560.520.780.58-0.41
0.70.960.970.620.970.81-0.410.980.99-0.530.990.521.00.980.980.741.00.910.92-0.9-0.39-0.580.820.78-0.430.02-0.42-0.190.39-0.010.70.030.740.23-0.9-0.910.91-0.460.510.990.910.790.93-0.880.820.930.66-0.93-0.330.960.6-0.670.940.93-0.671.00.890.950.930.990.960.26
0.70.960.970.620.970.81-0.410.980.99-0.530.990.521.00.980.980.741.00.910.92-0.9-0.39-0.580.820.78-0.430.02-0.42-0.190.39-0.010.70.030.740.23-0.9-0.910.91-0.460.510.990.910.790.93-0.880.820.930.66-0.93-0.330.960.6-0.670.940.93-0.671.00.890.950.930.990.960.26
0.850.990.980.890.970.97-0.10.970.95-0.250.950.720.910.950.970.480.910.910.69-0.99-0.73-0.820.970.71-0.71-0.26-0.68-0.470.03-0.390.87-0.260.890.57-0.99-0.880.88-0.760.150.940.990.620.72-0.920.580.70.34-0.91-0.690.980.63-0.41.00.7-0.430.880.990.991.00.860.990.61
0.390.80.810.30.840.52-0.570.840.88-0.540.890.160.920.880.860.930.920.920.69-0.67-0.02-0.260.560.61-0.050.38-0.040.190.720.380.370.40.43-0.16-0.72-0.770.87-0.110.80.860.680.910.99-0.70.971.00.9-0.86-0.020.790.34-0.890.761.0-0.730.940.660.770.730.950.79-0.13
-0.91-0.98-0.98-0.88-0.95-0.980.16-0.96-0.940.36-0.93-0.8-0.9-0.92-0.95-0.41-0.9-0.9-0.99-0.670.740.85-0.97-0.810.770.350.750.560.030.43-0.920.35-0.94-0.620.960.91-0.820.78-0.1-0.95-1.0-0.54-0.70.94-0.52-0.69-0.290.870.64-0.98-0.750.33-0.99-0.680.49-0.88-1.0-0.98-0.99-0.86-0.98-0.65
-0.82-0.62-0.6-0.95-0.56-0.85-0.41-0.55-0.49-0.15-0.47-0.85-0.39-0.48-0.530.22-0.39-0.39-0.73-0.020.740.87-0.81-0.420.940.720.90.830.640.89-0.860.73-0.82-0.940.70.49-0.390.940.54-0.49-0.730.0-0.070.60.12-0.030.390.430.94-0.61-0.56-0.29-0.67-0.03-0.11-0.33-0.76-0.65-0.69-0.3-0.63-0.96
-0.92-0.75-0.74-0.93-0.7-0.90.07-0.7-0.660.12-0.66-0.9-0.58-0.63-0.680.04-0.58-0.58-0.82-0.260.850.87-0.93-0.70.890.640.890.780.430.74-0.930.65-0.92-0.880.790.79-0.520.980.32-0.67-0.83-0.15-0.270.86-0.1-0.270.150.640.76-0.76-0.74-0.11-0.78-0.280.36-0.54-0.84-0.77-0.8-0.52-0.76-0.88
0.90.940.930.940.910.97-0.120.910.88-0.190.880.80.820.870.90.310.820.820.970.56-0.97-0.81-0.930.73-0.79-0.39-0.77-0.58-0.13-0.520.92-0.390.920.7-0.96-0.890.79-0.880.00.870.960.490.59-0.940.430.570.18-0.86-0.750.930.68-0.240.960.57-0.440.780.980.950.960.760.940.72
0.870.750.770.540.710.75-0.530.740.74-0.790.750.790.780.680.730.280.780.780.710.61-0.81-0.42-0.70.73-0.63-0.44-0.68-0.570.01-0.280.82-0.420.850.47-0.65-0.880.49-0.590.10.830.810.280.58-0.870.40.630.27-0.62-0.170.810.94-0.180.740.62-0.740.780.760.740.740.780.750.47
-0.92-0.62-0.62-0.88-0.54-0.86-0.25-0.55-0.50.15-0.49-0.97-0.43-0.46-0.530.26-0.43-0.43-0.71-0.050.770.940.89-0.79-0.630.850.990.950.660.9-0.940.85-0.91-0.960.650.56-0.30.930.56-0.55-0.760.1-0.090.650.15-0.080.390.380.77-0.65-0.79-0.35-0.66-0.070.04-0.38-0.77-0.65-0.68-0.36-0.63-0.97
-0.69-0.15-0.15-0.54-0.05-0.49-0.31-0.07-0.020.14-0.01-0.840.020.04-0.050.680.020.02-0.260.380.350.720.64-0.39-0.440.850.880.970.890.92-0.681.0-0.64-0.890.160.180.230.720.84-0.12-0.350.590.370.280.590.350.73-0.120.47-0.21-0.71-0.75-0.20.37-0.160.06-0.34-0.18-0.220.08-0.16-0.88
-0.94-0.59-0.59-0.84-0.51-0.84-0.16-0.53-0.480.23-0.47-0.99-0.42-0.43-0.50.29-0.42-0.42-0.68-0.040.750.90.89-0.77-0.680.990.880.970.660.89-0.940.88-0.92-0.960.60.58-0.250.920.57-0.54-0.750.15-0.070.670.17-0.070.390.350.69-0.63-0.85-0.38-0.63-0.060.11-0.38-0.74-0.62-0.65-0.36-0.6-0.96
-0.83-0.37-0.37-0.7-0.28-0.67-0.26-0.3-0.240.18-0.23-0.94-0.19-0.19-0.270.51-0.19-0.19-0.470.190.560.830.78-0.58-0.570.950.970.970.810.93-0.830.97-0.8-0.950.380.370.010.830.74-0.33-0.550.40.170.470.40.160.590.10.6-0.42-0.79-0.6-0.420.17-0.04-0.15-0.54-0.4-0.44-0.13-0.38-0.94
-0.360.170.18-0.390.26-0.21-0.590.250.31-0.290.33-0.560.390.350.280.890.390.390.030.720.030.640.43-0.130.010.660.890.660.810.91-0.380.9-0.32-0.79-0.09-0.190.460.570.990.27-0.020.770.69-0.060.830.70.95-0.390.510.14-0.31-0.920.110.71-0.510.44-0.030.130.080.460.16-0.77
-0.68-0.25-0.24-0.73-0.17-0.59-0.48-0.17-0.1-0.18-0.09-0.81-0.01-0.07-0.140.62-0.01-0.01-0.390.380.430.890.74-0.52-0.280.90.920.890.930.91-0.710.93-0.66-0.970.330.20.050.850.85-0.14-0.420.450.340.330.530.360.740.030.76-0.27-0.54-0.68-0.310.36-0.280.05-0.44-0.29-0.340.08-0.26-0.97
1.00.820.820.90.760.96-0.020.780.74-0.350.740.970.70.70.760.050.70.70.870.37-0.92-0.86-0.930.920.82-0.94-0.68-0.94-0.83-0.38-0.71-0.681.00.85-0.82-0.80.54-0.91-0.260.790.920.180.39-0.860.170.39-0.07-0.63-0.690.850.870.050.850.39-0.340.660.920.840.860.640.830.86
-0.68-0.15-0.15-0.55-0.05-0.49-0.31-0.07-0.020.110.0-0.840.030.04-0.040.690.030.03-0.260.40.350.730.65-0.39-0.420.851.00.880.970.90.93-0.68-0.64-0.90.160.180.230.730.85-0.11-0.350.60.380.280.60.370.75-0.120.49-0.2-0.69-0.76-0.20.38-0.160.07-0.34-0.17-0.220.09-0.16-0.88
1.00.850.850.880.790.96-0.090.810.78-0.40.770.960.740.740.790.10.740.740.890.43-0.94-0.82-0.920.920.85-0.91-0.64-0.92-0.8-0.32-0.661.0-0.640.81-0.83-0.830.57-0.88-0.20.820.940.230.45-0.890.230.450.0-0.67-0.640.880.890.00.870.45-0.40.710.930.860.880.690.860.82
0.820.450.450.850.380.750.320.380.320.050.310.910.230.290.35-0.450.230.230.57-0.16-0.62-0.94-0.880.70.47-0.96-0.89-0.96-0.95-0.79-0.970.85-0.90.81-0.52-0.430.15-0.94-0.710.350.61-0.26-0.13-0.54-0.33-0.14-0.57-0.24-0.80.480.670.520.51-0.150.070.170.620.490.530.150.471.0
-0.79-0.98-0.98-0.88-0.98-0.940.11-0.97-0.960.18-0.95-0.65-0.9-0.96-0.97-0.53-0.9-0.9-0.99-0.720.960.70.79-0.96-0.650.650.160.60.38-0.090.33-0.820.16-0.83-0.520.87-0.920.73-0.22-0.92-0.96-0.69-0.750.9-0.62-0.72-0.390.940.7-0.96-0.540.46-0.99-0.720.44-0.87-0.98-0.99-0.99-0.85-0.98-0.55
-0.81-0.92-0.92-0.7-0.91-0.840.54-0.92-0.920.5-0.93-0.67-0.91-0.89-0.91-0.52-0.91-0.91-0.88-0.770.910.490.79-0.89