Advance Auto Parts Stock Alpha and Beta Analysis
| AAP Stock | USD 45.88 3.07 7.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Advance Auto Parts. It also helps investors analyze the systematic and unsystematic risks associated with investing in Advance Auto over a specified time horizon. Remember, high Advance Auto's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Advance Auto's market risk premium analysis include:
Beta 0.18 | Alpha 0.24 | Risk 2.67 | Sharpe Ratio 0.0837 | Expected Return 0.22 |
Advance Auto Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Advance |
Advance Auto Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Advance Auto market risk premium is the additional return an investor will receive from holding Advance Auto long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Advance Auto. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Advance Auto's performance over market.| α | 0.24 | β | 0.18 |
Advance Auto expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Advance Auto's Buy-and-hold return. Our buy-and-hold chart shows how Advance Auto performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Advance Auto Market Price Analysis
Market price analysis 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 understating and applying Advance Auto stock market price indicators, traders can identify Advance Auto position entry and exit signals to maximize returns.
Advance Auto Return and Market Media
The median price of Advance Auto for the period between Thu, Nov 28, 2024 and Wed, Feb 26, 2025 is 45.24 with a coefficient of variation of 6.06. The daily time series for the period is distributed with a sample standard deviation of 2.73, arithmetic mean of 45.08, and mean deviation of 2.18. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Kristen Soler of 130 shares of Advance Auto at 43.25 subject to Rule 16b-3 | 11/25/2024 |
2 | Investors in Advance Auto Parts have unfortunately lost 80 percent over the last three years | 12/06/2024 |
3 | Is Now An Opportune Moment To Examine Advance Auto Parts, Inc. | 12/26/2024 |
4 | Insider Trading | 01/03/2025 |
5 | Acquisition by Hand Jason of tradable shares of Advance Auto at 47.399 subject to Rule 16b-3 | 01/23/2025 |
| Advance Auto dividend paid on 24th of January 2025 | 01/24/2025 |
7 | TOPDON US Reports Significant Growth, Increased Product Offerings, New Market Expansion and Charitable Donations Across US Market | 02/04/2025 |
8 | Advance Auto Parts Inc Announces Upcoming Financial Results Release | 02/05/2025 |
9 | Advance Auto Parts Appoints Jeff Vining as General Counsel | 02/06/2025 |
10 | Advance Auto Parts Inc Trading Down 4.44 percent on Feb 7 | 02/07/2025 |
11 | Nacha Honors AAP Professionals on National AAP Recognition Day | 02/11/2025 |
12 | Advance Auto Parts Inc Trading 0.9 percent Higher on Feb 19 | 02/19/2025 |
13 | Australian Agricultural Projects Financial Transformation Strategic Growth and Capital Efficiency | 02/20/2025 |
14 | Advance Auto Parts Q4 2024 Earnings Preview | 02/25/2025 |
About Advance Auto Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Advance or other stocks. Alpha measures the amount that position in Advance Auto Parts has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2016 | 2022 | 2024 | 2025 (projected) | Dividend Yield | 0.001426 | 0.0379 | 0.0341 | 0.0358 | Price To Sales Ratio | 1.3 | 0.8 | 0.72 | 0.7 |
Advance Auto Upcoming Company Events
As portrayed in its financial statements, the presentation of Advance Auto's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Advance Auto's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Advance Auto's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Advance Auto. Please utilize our Beneish M Score to check the likelihood of Advance Auto's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.