Advance Stock Price on July 1, 2022 Breakdown

AAP
 Stock
  

USD 207.02  0.47  0.23%   

As of today, the current price of Advance Auto is  207.02 , as last reported on the 19th of August, with the highest price reaching  207.18  and the lowest price hitting  205.14  during the day.
Advance Auto appears to be very steady, given 3 months investment horizon. Advance Auto Parts secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Advance Auto Parts, which you can use to evaluate the future volatility of the firm. Please makes use of Advance Auto's mean deviation of 1.66, and Risk Adjusted Performance of 0.0024 to double-check if our risk estimates are consistent with your expectations.
  
As of 19th of August 2022, Net Income Common Stock is likely to drop to about 566.2 M. Advance Auto Price to Earnings Ratio are very stable at the moment as compared to the past year. Advance Auto reported last year Price to Earnings Ratio of 24.94. As of 19th of August 2022, Price to Sales Ratio is likely to grow to 1.42, while Price to Book Value is likely to drop 4.76. Advance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
59.9 M
Shares Outstanding
60.6 M
Shares Short Prior Month
3.5 M
Dividend Share
4.5
Earnings Share
8.89
Shares Short
4.2 M

Advance Auto Main Headline on 1st of July 2022

Advance Auto Parts dividend paid on 1st of July 2022

Advance Auto Valuation on July 1, 2022

It is possible to determine the worth of Advance Auto on a given historical date. On July 1, 2022 Advance was worth 173.4 at the beginning of the trading date compared to the closed value of 173.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advance Auto stock. Still, in general, we apply an absolute valuation method to find Advance Auto's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advance Auto's related companies.
 Open High Low Close Volume
  175.00    175.77    171.91    173.09    999,900  
07/01/2022
  173.40    177.66    172.13    173.64    784,400  
  172.35    182.43    172.09    182.31    1,107,200  
Backtest Advance Auto  |  Advance Auto History  |  Advance Auto Valuation   PreviousNext  
Open Value 173.4
167.98
Downside
173.64
Closing Value
178.82
Upside

Advance Auto Trading Date Momentum on July 1, 2022

On July 05 2022 Advance Auto Parts was traded for  182.31  at the closing time. Highest Advance Auto's price during the trading hours was 182.43  and the lowest price during the day was  172.09 . The net volume was 1.1 M. The overall trading history on the 5th of July contributed to the next trading period price boost. The overall trading delta to the next next day price was 4.99% . The overall trading delta to current price is 5.33% .

Advance Auto Parts Fundamentals Correlations and Trends

By evaluating Advance Auto's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Advance Auto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advance financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Advance Auto Stock history

Advance Auto investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Advance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advance Auto Parts will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Advance Auto historical stock prices may prove useful in developing a viable investing in Advance Auto
Last ReportedProjected for 2022
Weighted Average Shares64 M72.4 M
Weighted Average Shares Diluted64.5 M72.8 M
Issuance Purchase of Equity Shares-903.1 M-482.6 M

Advance Auto Quarterly Market Capitalization

13.34 Billion

Advance Auto Stock Technical Analysis

Advance Auto 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 Advance Auto technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advance Auto 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...

Price Boundaries

Advance Auto Period Price Range

Low
July 1, 2022
High

 173.40 

  

 173.64 

0.240.14%

Advance Auto August 19, 2022 Market Strength

Market strength indicators help investors to evaluate how Advance Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advance Auto shares will generate the highest return on investment. By undertsting and applying Advance Auto stock market strength indicators, traders can identify Advance Auto Parts entry and exit signals to maximize returns

Advance Auto Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Advance stock's direction in advance. Along with the technical and fundamental analysis of Advance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please continue to Trending Equities. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Advance Stock analysis

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
12.6 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.