Autozone Net Cash Flow from Investing vs Depreciation Amortization and Accretion Analysis

AZO
 Stock
  

USD 2,259  28.35  1.27%   

Autozone financial indicator trend analysis is way more than just evaluating Autozone prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autozone is a good investment. Please check the relationship between Autozone Net Cash Flow from Investing and its Depreciation Amortization and Accretion accounts. Please continue to Trending Equities.

Net Cash Flow from Investing vs Depreciation Amortization and Accretion

Net Cash Flow from Investing vs Depreciation Amortization and Accretion Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autozone Net Cash Flow from Investing account and Depreciation Amortization and Accretion. At this time, the significance of the direction appears to have pay attention.
The correlation between Autozone's Net Cash Flow from Investing and Depreciation Amortization and Accretion is -0.97. Overlapping area represents the amount of variation of Net Cash Flow from Investing that can explain the historical movement of Depreciation Amortization and Accretion in the same time period over historical financial statements of Autozone, assuming nothing else is changed. The correlation between historical values of Autozone's Net Cash Flow from Investing and Depreciation Amortization and Accretion is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Cash Flow from Investing of Autozone are associated (or correlated) with its Depreciation Amortization and Accretion. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation Amortization and Accretion has no effect on the direction of Net Cash Flow from Investing i.e., Autozone's Net Cash Flow from Investing and Depreciation Amortization and Accretion go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Cash Flow from Investing

A component of Net Cash Flow or Change in Cash and Cash Equivalents representing the amount of cash inflow (outflow) from investing activities; from continuing and discontinued operations. Principal components of investing cash flow are: capital (expenditure) disposal of equipment Capital Expenditure; business (acquisitions) disposition Net Cash Flow Business Acquisitions and Disposals and investment (acquisition) disposal Net Cash Flow Investment Acquisitions and Disposals.

Depreciation Amortization and Accretion

A component of operating cash flow representing the aggregate net amount of depreciation; amortization; and accretion recognized during an accounting period. As a non-cash item; the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.
Most indicators from Autozone fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autozone current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Autozone Selling General and Administrative Expense is quite stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 4.26 Billion. Issuance Repayment of Debt Securities is expected to rise to about 154.3 M this year, although the value of Net Cash Flow Business Acquisitions and Disposals will most likely fall to (144 M).
 2012 2018 2021 2022 (projected)
Consolidated Income1.34 B2.17 B1.62 B1.61 B
Direct Expenses5.25 B6.91 B5.5 B4.97 B

Autozone fundamental ratios Correlations

0.950.960.890.950.840.70.830.860.84-0.52-0.130.970.880.890.870.950.830.930.370.92
0.951.00.980.990.950.860.950.690.96-0.7-0.110.930.980.980.970.990.950.980.520.98
0.961.00.970.980.950.860.940.740.95-0.64-0.030.920.970.970.970.980.950.970.560.96
0.890.980.970.980.990.920.990.641.0-0.750.010.891.01.01.00.980.990.980.660.98
0.950.990.980.980.950.840.950.730.96-0.73-0.080.960.980.990.981.00.950.990.540.99
0.840.950.950.990.950.961.00.571.0-0.760.080.830.990.991.00.951.00.950.730.95
0.70.860.860.920.840.960.960.40.95-0.690.230.650.920.910.930.830.960.830.840.83
0.830.950.940.990.951.00.960.551.0-0.780.060.820.990.991.00.951.00.950.720.95
0.860.690.740.640.730.570.40.550.57-0.10.140.820.620.620.620.720.560.670.30.67
0.840.960.951.00.961.00.951.00.57-0.770.050.841.00.991.00.961.00.960.710.96
-0.52-0.7-0.64-0.75-0.73-0.76-0.69-0.78-0.1-0.770.41-0.63-0.77-0.78-0.76-0.74-0.76-0.78-0.33-0.79
-0.13-0.11-0.030.01-0.080.080.230.060.140.050.41-0.240.0-0.050.03-0.110.08-0.180.7-0.16
0.970.930.920.890.960.830.650.820.820.84-0.63-0.240.880.90.870.960.820.950.310.95
0.880.980.971.00.980.990.920.990.621.0-0.770.00.881.01.00.980.990.980.650.98
0.890.980.971.00.990.990.910.990.620.99-0.78-0.050.91.01.00.990.990.990.620.99
0.870.970.971.00.981.00.931.00.621.0-0.760.030.871.01.00.971.00.970.680.97
0.950.990.980.981.00.950.830.950.720.96-0.74-0.110.960.980.990.970.951.00.521.0
0.830.950.950.990.951.00.961.00.561.0-0.760.080.820.990.991.00.950.940.730.95
0.930.980.970.980.990.950.830.950.670.96-0.78-0.180.950.980.990.971.00.940.481.0
0.370.520.560.660.540.730.840.720.30.71-0.330.70.310.650.620.680.520.730.480.5
0.920.980.960.980.990.950.830.950.670.96-0.79-0.160.950.980.990.971.00.951.00.5
Click cells to compare fundamentals

Autozone Account Relationship Matchups

Autozone Investors Sentiment

The influence of Autozone's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Autozone. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Autozone's public news can be used to forecast risks associated with investment in Autozone. The trend in average sentiment can be used to explain how an investor holding Autozone can time the market purely based on public headlines and social activities around Autozone. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Autozone's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Autozone's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Autozone's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Autozone.

Autozone Implied Volatility

    
  46.52  
Autozone's implied volatility exposes the market's sentiment of Autozone stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Autozone's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Autozone stock will not fluctuate a lot when Autozone's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Autozone in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Autozone's short interest history, or implied volatility extrapolated from Autozone options trading.

Pair Trading with Autozone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Autozone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Autozone will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autozone

0.66BQBoqii Holding Earnings Call  This WeekPairCorr

Moving against Autozone

0.73KIRKKirklands Normal TradingPairCorr
The ability to find closely correlated positions to Autozone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autozone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Autozone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Autozone to buy it.
The correlation of Autozone is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Autozone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autozone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Autozone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. 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.

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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
43.3 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.