Autozone Stock Odds of Future Stock Price Finishing Over 1886.53

AZO -  USA Stock  

USD 2,159  50.27  2.38%

Autozone's future price is the expected price of Autozone instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Autozone performance during a given time horizon utilizing its historical volatility. Autozone Price to Earnings Ratio are quite stable at the moment as compared to the past year. The company's current value of Price to Earnings Ratio is estimated at 18.22. Price to Sales Ratio is expected to rise to 2.34 this year, although Price to Book Value will most likely fall to (17.01) .
  
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Autozone's implied volatility is one of the determining factors in the pricing options written on Autozone. Implied volatility approximates the future value of Autozone based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Autozone over a specific time period. For example, 2022-07-01 CALL at $2160.0 is a CALL option contract on Autozone's common stock with a strick price of 2160.0 expiring on 2022-07-01. The contract was last traded on 2022-06-24 at 15:43:25 for $36.6 and, as of today, has 5 days remaining before the expiration. The option is currently trading at a bid price of $34.9, and an ask price of $42.5. The implied volatility as of the 26th of June is 30.867. View All Autozone options

Closest to current price Autozone long CALL Option Payoff at Expiration

Please continue to Autozone Backtesting, Autozone Valuation, Autozone Correlation, Autozone Hype Analysis, Autozone Volatility, Autozone History as well as Autozone Performance. Please specify Autozone time horizon, a valid symbol (red box) and a target price (blue box) you would like Autozone odds to be computed.
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Autozone Target Price Odds to finish over 1886.53

The tendency of Autozone Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 1,887  in 90 days
 2,159 90 days 1,887  under 95
Based on a normal probability distribution, the odds of Autozone to stay above $ 1,887  in 90 days from now is under 95 (This Autozone probability density function shows the probability of Autozone Stock to fall within a particular range of prices over 90 days) . Probability of Autozone price to stay between $ 1,887  and its current price of $2158.91 at the end of the 90-day period is about 81.77 .
Considering the 90-day investment horizon Autozone has a beta of 0.91. This suggests Autozone market returns are very sensitive to returns on the market. As the market goes up or down, Autozone is expected to follow. Additionally The company has an alpha of 0.3184, implying that it can generate a 0.32 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Autozone Price Density 
      Price 

Predictive Modules for Autozone

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Autozone. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Autozone's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Autozone in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1,9432,1632,166
Details
Intrinsic
Valuation
LowReal ValueHigh
1,9432,2932,296
Details
Naive
Forecast
LowNext ValueHigh
2,0752,0782,080
Details
15 Analysts
Consensus
LowTarget PriceHigh
1,4902,1232,500
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Autozone. Your research has to be compared to or analyzed against Autozone's peers to derive any actionable benefits. When done correctly, Autozone's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Autozone.

Autozone Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Autozone is not an exception. The market had few large corrections towards the Autozone's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Autozone, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Autozone within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.32
β
Beta against DOW0.91
σ
Overall volatility
99.17
Ir
Information ratio 0.13

Autozone Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Autozone for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Autozone can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 8.75 B in debt. Autozone has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Autozone until it has trouble settling it off, either with new capital or with free cash flow. So, Autozone's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Autozone sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Autozone to invest in growth at high rates of return. When we think about Autozone's use of debt, we should always consider it together with cash and equity.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.fool.com: Even at 2,000, This Auto Stock Is Undervalued - The Motley Fool

Autozone Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Autozone Stock often depends not only on the future outlook of the current and potential Autozone's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Autozone's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out2.13%
Short Percent Of Float2.13%
Float Shares19.77M
Shares Short Prior Month555.3k
Average Daily Volume Last 10 Day173.4k
Average Daily Volume In Three Month194.2k
Date Short Interest29th of April 2022

Autozone Technical Analysis

Autozone's future price can be derived by breaking down and analyzing its technical indicators over time. Autozone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Autozone. In general, you should focus on analyzing Autozone Stock price patterns and their correlations with different microeconomic environments and drivers.

Autozone Predictive Forecast Models

Autozone time-series forecasting models is one of many Autozone's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Autozone's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Autozone

Checking the ongoing alerts about Autozone for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Autozone help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Autozone Alerts

Autozone Alerts and Suggestions

The company has 8.75 B in debt. Autozone has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Autozone until it has trouble settling it off, either with new capital or with free cash flow. So, Autozone's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Autozone sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Autozone to invest in growth at high rates of return. When we think about Autozone's use of debt, we should always consider it together with cash and equity.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.fool.com: Even at 2,000, This Auto Stock Is Undervalued - The Motley Fool
Please continue to Autozone Backtesting, Autozone Valuation, Autozone Correlation, Autozone Hype Analysis, Autozone Volatility, Autozone History as well as Autozone Performance. Note that the Autozone information on this page should be used as a complementary analysis to other Autozone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Autozone Stock analysis

When running Autozone price analysis, check to measure Autozone'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 Autozone is operating at the current time. Most of Autozone's value examination focuses on studying past and present price action to predict the probability of Autozone's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Autozone's price. Additionally, you may evaluate how the addition of Autozone to your portfolios can decrease your overall portfolio volatility.
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Is Autozone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Autozone. If investors know Autozone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Autozone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.096
Market Capitalization
42.1 B
Quarterly Revenue Growth YOY
0.059
Return On Assets
0.14
The market value of Autozone is measured differently than its book value, which is the value of Autozone that is recorded on the company's balance sheet. Investors also form their own opinion of Autozone's value that differs from its market value or its book value, called intrinsic value, which is Autozone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Autozone's market value can be influenced by many factors that don't directly affect Autozone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Autozone's value and its price as these two are different measures arrived at by different means. Investors typically determine Autozone value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autozone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.