Advance Auto Parts Stock Price on March 14, 2023

AAP Stock  USD 43.52  1.56  3.72%   
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 43.52, as last reported on the 24th of December, with the highest price reaching 43.84 and the lowest price hitting 41.45 during the day.
IPO Date
29th of November 2001
200 Day MA
57.3675
50 Day MA
40.6148
Beta
1.194
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0659, which signifies that the company had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Advance Auto Parts, which you can use to evaluate the volatility of the firm. Please makes use of Advance Auto's Downside Deviation of 3.38, risk adjusted performance of 0.032, and Mean Deviation of 2.46 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 12/24/2024, 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 12/24/2024, 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.

Sharpe Ratio = 0.0659

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Estimated Market Risk

 3.2
  actual daily
28
72% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Advance Auto is performing at about 5% 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
1.006
Enterprise Value Ebitda
12.5415
Price Sales
0.2318
Shares Float
58.9 M
Wall Street Target Price
44.0476

Advance Auto Valuation on March 14, 2023

It is possible to determine the worth of Advance Auto on a given historical date. On March 14, 2023 Advance was worth 120.43 at the beginning of the trading date compared to the closed value of 117.05. 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
  121.44    122.70    119.36    119.61    2,016,992  
03/14/2023
  120.43    121.32    116.43    117.05    2,150,885  
  115.36    118.06    115.31    117.12    1,843,548  
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Open Value
120.43
110.83
Downside
117.05
Closing Value
130.03
Upside

Advance Auto Trading Date Momentum on March 14, 2023

On March 15 2023 Advance Auto Parts was traded for  117.12  at the closing time. Highest Advance Auto's price during the trading hours was 118.06  and the lowest price during the day was  115.31 . The net volume was 1.8 M. The overall trading history on the 15th of March 2023 contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.06% . The overall trading delta to current price is 8.84% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding59.6 M66.6 M
Net Income Applicable To Common Shares577.2 M362.5 M

Advance Auto Quarterly Net Working Capital

1.9 Billion

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.
A focus of Advance Auto technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advance Auto trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Advance Auto Period Price Range

Low
December 24, 2024
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High

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Advance Auto Parts cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Advance Auto December 24, 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.

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.