Advance Auto Parts, Inc. Shares Sold by Jacobs Levy Equity Management Inc.

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.
  
Jacobs Levy Equity Management Inc. reduced its position in shares of Advance Auto Parts, Inc. by 97.3 percent during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission . The fund owned 25,786 shares of the companys stock after selling 939,760 shares during the period. Jacobs

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Advance Auto Parts Current Investor Sentiment

Panic Vs Confidence

64

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Advance Auto's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Advance Auto Parts.

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.

Retained Earnings

Retained Earnings Comparative Analysis

Advance Auto is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

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.