Advance Competitors

Stocks . Brazil . 
Stock . Advance Auto Parts
A1AP34 Stock  BRL 16.90  0.04  0.24%   
Advance Auto Parts competes with Ross Stores, New Oriental, Delta Air, TAL Education, and Paycom Software; as well as few others. The company operates under Consumer Cyclical sector and is part of Specialty Retail industry. Analyzing Advance Auto competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Advance Auto to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Advance Auto Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Advance Auto competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
13.8416.9420.04
Details
Intrinsic
Valuation
LowRealHigh
13.0516.1519.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Advance Auto. Your research has to be compared to or analyzed against Advance Auto's peers to derive any actionable benefits. When done correctly, Advance Auto's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Advance Auto Parts.

Advance Auto Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Advance Auto and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Advance and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Advance Auto Parts does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
TSNF34
+ 0.91
ROST34
P1YC34
+ 0.9
DEAI34
TSNF34
+ 0.75
P1YC34
P1YC34
+ 0.69
ROST34
TSNF34
+ 0.66
DEAI34
DEAI34
+ 0.61
ROST34
  
High negative correlations   
CTSH34
- 0.58
E1DU34
TSNF34
- 0.35
E1DU34
P1YC34
- 0.35
E1DU34
DEAI34
- 0.3
E1DU34
E1DU34
- 0.15
ROST34
TSNF34
- 0.07
T1AL34

Risk-Adjusted Indicators

There is a big difference between Advance Stock performing well and Advance Auto Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Advance Auto's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Advance Auto Competitive Analysis

The better you understand Advance Auto competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Advance Auto's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Advance Auto's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
A1AP34 ROST34 E1DU34 DEAI34 T1AL34 P1YC34 TSNF34 CTSH34
 0.24 
 16.90 
Advance
 0.68 
 456.77 
Ross
 0.25 
 24.16 
New
 0.83 
 368.98 
Delta
 0.33 
 6.04 
TAL
 0.00 
 45.90 
Paycom
 1.98 
 365.56 
Tyson
 0.00 
 433.33 
Cognizant
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Not too volatile
Very steady
Moderately volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
OK
Insignificant
Solid
Good
Good
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Quite High
Low
Above Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Buy
Strong Sell
Sell
Current Ratio
1.32 X
1.34 X
2.62 X
0.34 X
N/A
N/A
1.49 X
2.90 X
Net Asset
12.19 B
13.64 B
6.03 B
72.46 B
5.08 B
3.22 B
36.82 B
17.85 B
Profit Margin
0.04 %
0.08 %
(0.1) %
0.03 %
(0.16) %
0.20 %
0.05 %
0.12 %
EBITDA
1.1 B
2.69 B
(834.02 M)
3.67 B
(580.4 M)
323.18 M
5.72 B
3.41 B
Operating Margin
0.07 %
0.10 %
0.10 %
0.08 %
(0.01) %
0.28 %
0.06 %
0.15 %
Current Valuation
63.54 B
224.89 B
10.2 B
230.73 B
7.12 B
103.19 B
162.02 B
152.07 B
Price To Book
3.09 X
9.59 X
1.48 X
5.00 X
0.04 X
18.22 X
1.16 X
2.61 X
Beta
1.13
0.98
0.59
1.26
-0.12
1.34
0.73
1.07
Number Of Employees
41 K
100 K
46.65 K
90 K
16.2 K
9
142 K
355.3 K
Shares Outstanding
948.06 M
688.74 M
2.55 B
641.19 M
216.27 M
1.74 B
355.63 M
509 M
Cash Flow From Operations
1.11 B
1.74 B
(1.28 B)
3.26 B
(939.18 M)
319.36 M
2.69 B
2.5 B
Annual Yield
0.04 %
0.01 %
N/A
N/A
N/A
N/A
0.03 %
0.02 %
Total Debt
1.03 B
2.45 B
65.39 M
25.14 B
N/A
27.38 M
7.86 B
626 M
Return On Equity
0.16
0.35
-0.0533
0.25
-0.0517
0.27
0.13
0.19
Z Score
27.6
51.4
N/A
3.0
N/A
N/A
9.4
N/A
Return On Asset
0.0382
0.089
0.0242
0.0333
-0.0014
0.0665
0.0583
0.1
Book Value Per Share
2.84 X
6.01 X
21.35 X
10.31 X
5.99 X
20.44 X
55.21 X
24.18 X
Total Asset
12.19 B
13.64 B
6.03 B
72.46 B
5.08 B
3.22 B
36.82 B
17.85 B
Debt To Equity
1.00 %
102.90 %
0.18 %
124.90 %
N/A
N/A
0.62 %
14.40 %
Last Dividend Paid
5.5
1.22
N/A
N/A
N/A
N/A
1.86
1.1
Shares Owned By Institutions
0.03 %
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
47.6 B
208.29 B
37.72 B
131.48 B
23.59 B
97.11 B
112.74 B
179.74 B
Price To Earning
6.83 X
46.25 X
N/A
35.52 X
N/A
N/A
12.52 X
74.79 X
Price To Earnings To Growth
0.90 X
2.55 X
N/A
38.40 X
N/A
1.79 X
2.43 X
1.26 X
Price To Sales
4.01 X
11.29 X
12.07 X
2.58 X
9.54 X
80.98 X
2.30 X
8.58 X
Net Income
616.11 M
1.72 B
(1.19 B)
280 M
(1.14 B)
195.96 M
3.24 B
2.14 B
Earnings Per Share
2.54 X
10.93 X
(31.86) X
10.72 X
N/A
0.84 X
35.75 X
23.34 X
Revenue
11 B
18.92 B
3.11 B
29.9 B
4.39 B
1.06 B
53.28 B
18.51 B
Cash And Equivalents
880.23 M
1.37 B
4.19 B
2.02 B
N/A
N/A
1.61 B
3.67 B
Cash Per Share
3.39 X
3.75 X
24.66 X
3.11 X
N/A
N/A
4.42 X
6.44 X
Gross Profit
4.93 B
6.09 B
1.35 B
9.68 B
2.19 B
1.21 B
6.62 B
6.98 B
Day Typical Price
17.41
456.77
24.13
371.28
6.06
45.9
365.56
433.33
Accumulation Distribution
5.12
N/A
0.28
4.96
1.66
N/A
N/A
N/A
Market Facilitation Index
0.0452
N/A
9.0E-4
0.0445
2.0E-4
N/A
N/A
N/A
Daily Balance Of Power
(0.02)
(9,223,372,036,855)
0.75
(0.34)
0.4
0.0
(9,223,372,036,855)
0.0
Period Momentum Indicator
(0.04)
(3.11)
0.06
(3.07)
0.02
N/A
(7.40)
N/A
Rate Of Daily Change
1.0
0.99
1.0
0.99
1.0
1.0
0.98
1.0
Day Median Price
17.66
456.77
24.12
372.44
6.07
45.9
365.56
433.33
Price Action Indicator
(0.78)
(1.56)
0.07
(4.99)
(0.01)
N/A
(3.70)
N/A
Coefficient Of Variation
918.8
1396.69
1745.29
417.01
740.66
560.61
(70,187)
4223.88
Mean Deviation
2.44
0.9832
2.39
1.98
3.06
1.84
0.8761
0.2189
Jensen Alpha
0.2978
0.1004
0.1936
0.637
0.5701
0.6551
(0.01)
0.0042
Total Risk Alpha
0.079
(0.02)
(0.09)
0.4038
0.2335
0.402
(0.16)
(0.05)
Sortino Ratio
0.0896
0.0298
0.037
0.2589
0.1508
0.2128
N/A
N/A
Downside Variance
8.66
2.33
12.24
4.54
12.15
10.1
N/A
N/A
Standard Deviation
3.05
1.58
3.44
2.58
4.39
4.17
1.81
0.7643
Kurtosis
(0.39)
6.13
1.53
0.2528
7.25
39.32
9.25
19.73
Potential Upside
5.42
2.51
5.95
5.86
6.57
5.29
2.36
0.7015
Treynor Ratio
0.7824
2.18
(1.65)
(1.27)
2.54
0.5359
0.2429
0.1203
Maximum Drawdown
13.84
9.09
18.65
11.6
32.28
36.37
11.59
7.66
Variance
9.28
2.5
11.83
6.67
19.31
17.4
3.28
0.5841
Market Risk Adjusted Performance
0.7924
2.19
(1.64)
(1.26)
2.55
0.5459
0.2529
0.1303
Risk Adjusted Performance
0.0865
0.0573
0.0494
0.181
0.1062
0.1375
0.005
0.0177
Skewness
0.0836
1.1
0.3345
0.6179
1.49
5.56
1.1
0.027
Semi Deviation
2.65
1.21
3.13
1.46
3.13
1.01
N/A
N/A
Information Ratio
0.0866
0.0287
0.0376
0.2136
0.1196
0.1621
(0.04)
(0.06)
Value At Risk
(4.25)
(2.19)
(5.89)
(3.20)
(5.07)
(2.80)
(3.01)
(0.05)
Expected Short fall
(2.61)
(1.23)
(2.51)
(2.55)
(3.62)
(2.95)
N/A
N/A
Downside Deviation
2.94
1.52
3.5
2.13
3.49
3.18
N/A
N/A
Semi Variance
7.01
1.46
9.81
2.13
9.81
1.02
N/A
N/A

Advance Auto Competition Performance Charts

Five steps to successful analysis of Advance Auto Competition

Advance Auto's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Advance Auto Parts in relation to its competition. Advance Auto's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Advance Auto in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Advance Auto's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Advance Auto Parts, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Advance Auto position

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Israel Wall Street Theme
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Additional Information and Resources on Investing in Advance Stock

When determining whether Advance Auto Parts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Advance Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Advance Auto Parts Stock. Highlighted below are key reports to facilitate an investment decision about Advance Auto Parts Stock:
How To Invest In Advance
Details
Is Advance Stock a good investment?
Details
What is Advance Auto's Net Worth?
Details
Largest Automotive Retail Companies
View
Largest Consumer Discretionary Distribution & Retail Companies
View
Check out Advance Auto Correlation with its peers.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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