Autozone Stock Alpha and Beta Analysis

AZO -  USA Stock  

USD 2,159  50.27  2.38%

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.
Please continue to Autozone Backtesting, Autozone Valuation, Autozone Correlation, Autozone Hype Analysis, Autozone Volatility, Autozone History and analyze Autozone Performance.
Please note that although Autozone alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Autozone did 0.32  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Autozone stock's relative risk over its benchmark. Autozone has a beta of 0.91  . Let's try to break down what Autozone's beta means in this case. Autozone returns are very sensitive to returns on the market. As the market goes up or down, Autozone is expected to follow.
Autozone Enterprise Value over EBITDA is quite stable at the moment as compared to the past year. The company's current value of Enterprise Value over EBITDA is estimated at 12.77. Tangible Assets Book Value per Share is expected to rise to 384.88 this year, although Book Value per Share will most likely fall to (74.07) .
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.

Enterprise Value

31.57 Billion


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.
α0.32   β0.91
90 days against DJI

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 Mon, Mar 28, 2022 and Sun, Jun 26, 2022 is 2035.11 with a coefficient of variation of 4.84. The daily time series for the period is distributed with a sample standard deviation of 99.17, arithmetic mean of 2046.86, and mean deviation of 76.21. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Acquisition by Murphy John Scott of tradable shares of Autoz...04/04/2022
Exercise or conversion by Philip Daniele of 480 shares of Au...04/08/2022
AZO 2 Surging Auto Parts Stocks with More Room to Run - Stoc...04/11/2022
Exercise or conversion by Preston Frazer of 1500 shares of A...04/22/2022
AutoZone Buy For Inflation Protection And Get Recession Prot...04/25/2022
Is Autozone stock way too aggressive for baby boomers05/23/2022
Financial Statements05/24/2022
The 7 Best Long-Term Stocks to Buy and Hold Until 2032 - Inv...05/26/2022
Purchase by Brian Hannasch of 133 shares of Autozone05/27/2022
EPS Reported05/31/2022
Exercise or conversion by Kristen Wright of 163 shares of Au...06/02/2022
AUTOZONE INC Managements Discussion and Analysis of Financia...06/10/2022
Even at 2,000, This Auto Stock Is Undervalued - The Motley F...06/16/2022

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 equity instruments such as Ford or other stocks, funds, and ETFs. 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 2021 2022 (projected)
Calculated Tax Rate18.2621.0620.3928.37
Interest Coverage10.3815.0711.9911.11

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.
Upcoming Quarterly Report1st of March 2022
Next Financial Report24th of May 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End20th of September 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

Build Portfolio with Autozone

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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Please continue to Autozone Backtesting, Autozone Valuation, Autozone Correlation, Autozone Hype Analysis, Autozone Volatility, Autozone History and analyze 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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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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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.
A focus of Autozone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Autozone trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...