Autozone Stock Alpha and Beta Analysis
| AZO Stock | USD 3,170 20.56 0.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as AutoZone. It also helps investors analyze the systematic and unsystematic risks associated with investing in AutoZone over a specified time horizon. Remember, high AutoZone's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to AutoZone's market risk premium analysis include:
Beta 0.64 | Alpha (0.1) | Risk 1.32 | Sharpe Ratio 0.0179 | Expected Return 0.0235 |
AutoZone Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
AutoZone |
AutoZone Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. AutoZone market risk premium is the additional return an investor will receive from holding AutoZone long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AutoZone. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate AutoZone's performance over market.| α | -0.1 | β | 0.64 |
AutoZone expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of AutoZone's Buy-and-hold return. Our buy-and-hold chart shows how AutoZone performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.AutoZone Market Price Analysis
Market price analysis indicators help investors to evaluate how AutoZone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AutoZone shares will generate the highest return on investment. By understating and applying AutoZone stock market price indicators, traders can identify AutoZone position entry and exit signals to maximize returns.
AutoZone Return and Market Media
The median price of AutoZone for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 3123.36 with a coefficient of variation of 1.77. The daily time series for the period is distributed with a sample standard deviation of 55.26, arithmetic mean of 3119.1, and mean deviation of 45.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 13000 shares by William Rhodes of AutoZone at 772.8 subject to Rule 16b-3 | 10/10/2024 |
2 | Deroy Devereaux Private Investment Counsel Inc. Buys 109 Shares of AutoZone, Inc. | 11/01/2024 |
3 | Hagerty, Inc. Misses Q3 Earnings Estimates | 11/07/2024 |
4 | Wall Street Bulls Look Optimistic About AutoZone Should You Buy | 11/15/2024 |
5 | AutoZone to Release First Quarter Fiscal 2025 Earnings December 10, 2024 | 11/19/2024 |
6 | Zacks Industry Outlook Highlights OReilly Automotive and AutoZone | 11/20/2024 |
7 | Mohamed El-Erian Warns Against Simplistic Narratives As Trump Plans Aggressive Tariff Strategy The Issue Is Quite Complex | 11/21/2024 |
8 | 3 Major Retailers Who Will Raise Prices Immediately Under Trump Tariffs Play Key Role | 11/22/2024 |
9 | Why AutoZone Outpaced the Stock Market Today | 11/25/2024 |
10 | Auto Parts Retailer Stocks Q3 Earnings Review OReilly Shines | 11/26/2024 |
11 | Investors Heavily Search AutoZone, Inc. Here is What You Need to Know | 11/27/2024 |
About AutoZone Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including AutoZone or other stocks. Alpha measures the amount that position in AutoZone has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2012 | 2018 | 2023 | 2024 (projected) | Inventory Turnover | 1.33 | 1.45 | 1.41 | 2.0 | ROIC | 0.42 | 0.84 | 0.71 | 0.74 |
AutoZone Upcoming Company Events
As portrayed in its financial statements, the presentation of AutoZone's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AutoZone's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of AutoZone's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of AutoZone. Please utilize our Beneish M Score to check the likelihood of AutoZone's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 17th of September 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with AutoZone
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Align your risk with return expectations
Check out AutoZone Backtesting, AutoZone Valuation, AutoZone Correlation, AutoZone Hype Analysis, AutoZone Volatility, AutoZone History and analyze AutoZone Performance. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
AutoZone 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.