Advance Auto Parts starts search for new CEO - Chain Store Age
A1AP34 Stock | BRL 16.82 0.44 2.69% |
About 55% of Advance Auto's investors are presently thinking to get in. The analysis of current outlook of investing in Advance Auto Parts suggests that some traders are interested regarding Advance Auto's prospects. The current market sentiment, together with Advance Auto's historical and current headlines, can help investors time the market. In addition, many technical investors use Advance Auto Parts stock news signals to limit their universe of possible portfolio assets.
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Advance Auto Parts starts search for new CEO Chain Store Age
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Advance Auto Fundamental Analysis
We analyze Advance Auto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advance Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advance Auto based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Advance Auto is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Advance Auto Parts Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Advance Auto stock to make a market-neutral strategy. Peer analysis of Advance Auto could also be used in its relative valuation, which is a method of valuing Advance Auto by comparing valuation metrics with similar companies.
Peers
Advance Auto Related Equities
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MUTC34 | Micron Technology | 1.62 | ||||
RYTT34 | Raytheon Technologies | 1.39 | ||||
S1PO34 | Spotify Technology | 1.27 | ||||
LUPA3 | Lupatech | 0.82 | ||||
FIQE3 | Unifique Telecomunicaes | 0.86 | ||||
LVTC3 | Livetech | 2.70 |
Complementary 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.
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