Acquisition by Starnes Bruce of 9812 shares of Advance Auto at 62.7 subject to Rule 16b-3

AAP Stock  USD 44.46  0.48  1.09%   
Slightly above 64% of all Advance Auto's retail investors are looking to take a long position. The analysis of current outlook of investing in Advance Auto Parts suggests that some traders are interested regarding Advance Auto's prospects. Advance Auto's investing sentiment overview a quick insight into current market opportunities from investing in Advance Auto Parts. Many technical investors use Advance Auto Parts stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Filed transaction by Advance Auto Parts Officer: Evp, Cmo. Grant, award or other acquisition pursuant to Rule 16b-3(d)

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Acquisition of 9812 stock option (right to buy) at 62.7 of Advance Auto by Starnes Bruce on 27th of June 2024. This event was filed by Advance Auto Parts with SEC on 2024-06-27. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Advance Auto's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Advance Auto's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Advance Auto Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Advance Auto can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

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.

Book Value Per Share

Book Value Per Share Comparative Analysis

Advance Auto is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

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

WSMWilliams Sonoma   2.15   
0%
100.0%
FIVEFive Below   1.01   
0%
46.0%
DKSDicks Sporting   0.66   
0%
30.0%
GPCGenuine Parts   0.08   
3.0%
0%
BBYBest Buy   0.16   
7.0%
0%
ULTAUlta Beauty   0.29   
13.0%
0%
TSCOTractor Supply   0.47   
21.0%
0%
RHRH   0.79   
36.0%
0%
AZOAutoZone   0.93   
43.0%
0%
ORLYOReilly Automotive   1.80   
83.0%
0%

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.