Advance Auto (Brazil) Buy Hold or Sell Recommendation
A1AP34 Stock | BRL 16.90 0.04 0.24% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Advance Auto Parts is 'Buy'. Macroaxis provides Advance Auto buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding A1AP34 positions.
Check out Advance Auto Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Advance and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Advance Auto Parts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Advance |
Execute Advance Auto Buy or Sell Advice
The Advance recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Advance Auto Parts. Macroaxis does not own or have any residual interests in Advance Auto Parts or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Advance Auto's advice using the current market data and latest reported fundamentals.
Time Horizon
1 Year |
Risk Tolerance
I love taking a lot of risk |
Buy
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Advance Auto Trading Alerts and Improvement Suggestions
Advance Auto Parts had very high historical volatility over the last 90 days |
Advance Auto Returns Distribution Density
The distribution of Advance Auto's historical returns is an attempt to chart the uncertainty of Advance Auto's future price movements. The chart of the probability distribution of Advance Auto daily returns describes the distribution of returns around its average expected value. We use Advance Auto Parts price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Advance Auto returns is essential to provide solid investment advice for Advance Auto.
Mean Return | 0.31 |
Value At Risk | -4.25 |
Potential Upside | 5.42 |
Standard Deviation | 3.04 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Advance Auto historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Advance Auto Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Advance Auto or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Advance Auto's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Advance stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 3.13 | |
Ir | Information ratio | 0.08 |
Advance Auto Volatility Alert
Advance Auto Parts currently demonstrates below-average downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Advance Auto's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Advance Auto's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Advance Auto Fundamentals Vs Peers
Comparing Advance Auto's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Advance Auto's direct or indirect competition across all of the common fundamentals between Advance Auto and the related equities. This way, we can detect undervalued stocks with similar characteristics as Advance Auto or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Advance Auto's fundamental indicators could also be used in its relative valuation, which is a method of valuing Advance Auto by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Advance Auto to competition |
Fundamentals | Advance Auto | Peer Average |
Return On Equity | 0.16 | -0.31 |
Return On Asset | 0.0382 | -0.14 |
Profit Margin | 0.04 % | (1.27) % |
Operating Margin | 0.07 % | (5.51) % |
Current Valuation | 63.54 B | 16.62 B |
Shares Outstanding | 948.06 M | 571.82 M |
Shares Owned By Institutions | 0.03 % | 39.21 % |
Price To Earning | 6.83 X | 28.72 X |
Price To Book | 3.09 X | 9.51 X |
Price To Sales | 4.01 X | 11.42 X |
Revenue | 11 B | 9.43 B |
Gross Profit | 4.93 B | 27.38 B |
EBITDA | 1.1 B | 3.9 B |
Net Income | 616.11 M | 570.98 M |
Cash And Equivalents | 880.23 M | 2.7 B |
Cash Per Share | 3.39 X | 5.01 X |
Total Debt | 1.03 B | 5.32 B |
Debt To Equity | 1.00 % | 48.70 % |
Current Ratio | 1.32 X | 2.16 X |
Book Value Per Share | 2.84 X | 1.93 K |
Cash Flow From Operations | 1.11 B | 971.22 M |
Earnings Per Share | 2.54 X | 3.12 X |
Price To Earnings To Growth | 0.90 X | 4.89 X |
Number Of Employees | 41 K | 18.84 K |
Beta | 1.13 | -0.15 |
Market Capitalization | 47.6 B | 19.03 B |
Total Asset | 12.19 B | 29.47 B |
Z Score | 27.6 | 8.72 |
Annual Yield | 0.04 % | |
Net Asset | 12.19 B | |
Last Dividend Paid | 5.5 |
Advance Auto Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Advance . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Advance Auto Buy or Sell Advice
When is the right time to buy or sell Advance Auto Parts? Buying financial instruments such as Advance Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Advance Auto in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
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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:Check out Advance Auto Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.