Advance Auto Parts Stock Price on September 16, 2024
| AAP Stock | USD 44.06 0.33 0.75% |
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 44.06, as last reported on the 27th of December, with the highest price reaching 45.03 and the lowest price hitting 43.80 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 0.0816, which signifies that the company had a 0.0816% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Advance Auto Parts, which you can use to evaluate the volatility of the firm. Please makes use of Advance Auto's Mean Deviation of 2.39, risk adjusted performance of 0.051, and Downside Deviation of 3.37 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 12/27/2024, Liabilities And Stockholders Equity is likely to grow to about 12.9 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 12/27/2024, Price To Book Ratio is likely to grow to 4.85, though Price Earnings To Growth Ratio is likely to grow to (1.54). Advance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date | 200 Day MA 57.0606 | 50 Day MA 40.8244 | Beta 1.194 |
Advance |
Sharpe Ratio = 0.0816
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Advance Auto 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 Advance Auto by adding it to a well-diversified portfolio.
Price Book 1.0056 | Enterprise Value Ebitda 12.539 | Price Sales 0.2344 | Shares Float 58.9 M | Wall Street Target Price 44.0476 |
Related Headline
1StdibsCom Headline on 16th of September 2024
Disposition of 5422 shares by Matthew Rubinger of 1StdibsCom... by Matthew Rubinger
Filed transaction by 1StdibsCom Officer: Chief Commercial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Advance Auto Valuation on September 16, 2024
It is possible to determine the worth of Advance Auto on a given historical date. On September 16, 2024 Advance was worth 41.52 at the beginning of the trading date compared to the closed value of 40.87. 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 | |
| 39.73 | 41.23 | 39.58 | 41.15 | 2,863,013 | |
09/16/2024 | 41.52 | 41.70 | 40.10 | 40.87 | 2,506,066 |
| 41.35 | 41.46 | 40.46 | 41.05 | 4,960,572 |
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Advance Auto Trading Date Momentum on September 16, 2024
| On September 17 2024 Advance Auto Parts was traded for 41.05 at the closing time. Highest Advance Auto's price during the trading hours was 41.46 and the lowest price during the day was 40.46 . The net volume was 5 M. The overall trading history on the 17th of September 2024 contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.44% . The overall trading delta to current price is 3.06% . |
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 | December 27, 2024
| High |
0.00 | 0.00 |
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Advance Auto December 27, 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
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 | 0.051 | |||
| Jensen Alpha | 0.1476 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0355 | |||
| Treynor Ratio | 0.4586 |
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Additional 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.