Advance Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Advance Auto'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 Advance Auto in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
181.58184.20186.82
Details
Intrinsic
Valuation
LowReal ValueHigh
164.79211.19213.82
Details
Naive
Forecast
LowNext ValueHigh
181.85184.47187.09
Details
15 Analysts
Consensus
LowTarget PriceHigh
175.00255.77290.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Advance Auto. Your research has to be compared to or analyzed against Advance Auto's peers to derive any actionable benefits. When done correctly, Advance Auto'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 Advance Auto Parts.

Advance Auto Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Advance Auto and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Advance and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Advance Auto Parts does not affect the price movement of the other competitor.
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

Cross Equities Net Income Analysis

Compare Advance Auto Parts and related stocks such as Ulta Beauty, and Vertex Energy Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
ULTA202.8 M202.8 M202.8 M202.8 M705.9 M705.9 M705.9 M705.9 M705.9 M705.9 M175.8 M257.1 M264.8 M
VTNR1.2 M5.8 M3.7 M7.9 M(5.5 M)(22.5 M)(4 M)(8.4 M)(2.2 M)(5 M)(12 M)(13.8 M)(14.2 M)

Advance Auto Parts and related stocks such as Ulta Beauty, and Vertex Energy Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Advance Auto Parts financial statement analysis. It represents the amount of money remaining after all of Advance Auto Parts operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Advance Auto Competitive Analysis

The better you understand Advance Auto competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Advance Auto's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Advance Auto's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AAPULTAVTNR
 2.50 
 183.10 
Advance
 3.70 
 410.54 
Ulta Beauty
 4.26 
 12.00 
Vertex
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
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(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
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Profit Margin
EBITDA
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Current Valuation
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Beta
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Price to Earnings To Growth
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Last Dividend Paid
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Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
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Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Advance Auto Competition Performance Charts

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Please continue to Advance Auto Correlation with its peers. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Advance Auto Parts 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 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.
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Is Advance Auto'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 Advance Auto. If investors know Advance 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 Advance Auto 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
-0.2
Market Capitalization
10.8 B
Quarterly Revenue Growth YOY
0.013
Return On Assets
0.0434
Return On Equity
0.18
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto'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 Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto'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 Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto'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.
AAP -  USA Stock  

USD 183.10  4.47  2.50%

Advance Auto Parts competes with Ulta Beauty, and Vertex Energy; as well as few others. The company runs under Consumer Cyclical sector within Specialty Retail industry. Analyzing Advance Auto competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Advance Auto to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Advance Auto competition on your existing holdings. Please continue to Advance Auto Correlation with its peers.
  
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As of 25th of June 2022, Return on Investment is likely to grow to 26.54. Also, Return on Average Assets is likely to grow to 0.06. Advance Auto Goodwill and Intangible Assets are very stable at the moment as compared to the past year. Advance Auto reported last year Goodwill and Intangible Assets of 1.64 Billion. As of 25th of June 2022, Revenue to Assets is likely to grow to 1.34, while Assets Non Current are likely to drop about 4.8 B.