Advance Auto Price Trends and Technical Patterns

AAP
 Stock
  

USD 173.64  0.55  0.32%   

This module allows you to plot Advance Auto against other equities to check for different price appreciation patterns. Advance Auto Parts can be compared to up to 10 different equities over a specified time horizon. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Advance Auto Parts. To filter out specific equities, please toggle its corresponding legend item. Please continue to Trending Equities.
  
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As an investor, you can analyze the fundamental pricing momentum and return patterns of Advance Auto Parts using the variety of Macroaxis charts. Price and return charts with technical indicators help investors not only visualize the movement but also find long-term investing opportunities.
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Advance Auto Stock Momentum Indicator Charts

Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Advance chart patterns provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular stock such as Advance Auto can be considered to be 'the market' for Advance Auto stock. The emotional state of those investors is what determines the price for Advance Auto. If more investors feel that Advance Auto Stock will rise, it most likely will increase; and if more investors feel that the Advance price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that stock, and thus, technical analysis is, at its core, a study of crowd behavior. Macroaxis various charting interfaces help investors to find opportunities and time the market. Advance Auto price plot provides a helpful view on the trending direction of the price but hides some likely useful information from an investor. The Advance Auto's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.
Please note that Advance Auto's momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of Advance Auto chart itself and comparing it to the benchmark or its competition. If Advance Auto's price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

Advance Auto Stock Peer indicators

Technical peer comparison is one of the most widely used and accepted methods of stock analyses among chartists. It analyses Advance Auto's direct or indirect competition against its essential technical indicators to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advance Auto could also be used in its relative valuation, which is a method of valuing Advance Auto by comparing different technical metrics with those of similar companies.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
AAP 1.84 (0.09)  0.00 (0.27)  0.00 (0.0387)  0.00  3.02 (4.66)  13.49 
CVX 1.81  0.03  0.00 (0.16)  0.00  0.0203  0.00  3.06 (4.60)  10.25 
BAC 1.52 (0.26)  0.00 (0.43)  0.00 (0.14)  0.00  3.38 (3.49)  9.79 
JPM 1.46 (0.10)  0.00 (0.29)  0.00 (0.06)  0.00  2.98 (3.00)  10.78 
KO 1.05  0.21  0.14  0.09  1.75  0.17 (1.01)  2.14 (2.01)  10.05 
MCD 1.08  0.18  0.17  0.05  1.29  0.16 (1.20)  2.46 (1.98)  7.82 
GE 1.67 (0.34)  0.00 (0.46)  0.00 (0.16)  0.00  2.80 (4.93)  12.00 
PFE 1.50  0.14  0.10  0.01  1.94  0.11 (1.43)  3.17 (3.16)  8.45 
WMT 1.36 (0.15)  0.00 (0.47)  0.00 (0.0313)  0.00  2.43 (2.47)  13.98 
DIS 1.70 (0.36)  0.00 (0.51)  0.00 (0.18)  0.00  3.29 (3.78)  8.79 

Advance Auto Parts Predictive Pattern Charts

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Advance Auto Parts high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Advance Auto closing price as input.
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Advance Auto Important Indicators

While there is no single technical or fundamental indicator that will always help you time the market, it is essential to watch out for some raw signals communicated by Advance Auto price movement. Investors usually use a small combination of different predictive indicators, such as period averages, to develop specific strategies before taking a position in Advance Auto.

Advance Auto Trend Drivers

Advance Auto Parts Basic Value Drivers

Average Daily Volume Last 10 Day849.69k
Average Daily Volume In Three Month856.79k
Fifty Day Average192.59
Enterprise Value To Ebitda13.19
Two Hundred Day Average215.21
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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
10.5 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.