Advance Auto (Brazil) Price on November 22, 2024

A1AP34 Stock  BRL 15.30  1.07  6.54%   
If you're considering investing in Advance Stock, it is important to understand the factors that can impact its price. As of today, the current price of Advance Auto stands at 15.30, as last reported on the 1st of December, with the highest price reaching 17.00 and the lowest price hitting 15.30 during the day. Advance Auto Parts secures Sharpe Ratio (or Efficiency) of -0.0084, which signifies that the company had a -0.0084% return per unit of risk over the last 3 months. Advance Auto Parts exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advance Auto's insignificant Risk Adjusted Performance, standard deviation of 2.84, and Mean Deviation of 2.24 to double-check the risk estimate we provide.
  
Advance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0084

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Advance Auto is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Advance Auto by adding Advance Auto to a well-diversified portfolio.

Advance Auto Valuation on November 22, 2024

It is possible to determine the worth of Advance Auto on a given historical date. On November 22, 2024 Advance was worth 14.59 at the beginning of the trading date compared to the closed value of 14.66. 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 Advance Auto 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
  13.87    14.17    13.87    14.01    3,811  
11/22/2024
  14.59    14.66    14.59    14.66    327.00  
  14.89    15.86    14.89    15.73    857.00  
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Open Value
14.59
14.66
Closing Value
23.22
Upside

Advance Auto Trading Date Momentum on November 22, 2024

On November 25 2024 Advance Auto Parts was traded for  15.73  at the closing time. The highest price during the trading period was 15.86  and the lowest recorded bid was listed for  14.89 . The volume for the day was 857. This history from November 25, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 7.30% . The overall trading delta to the current price is 11.73% .

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 stock prices may prove useful in developing a viable investing in Advance Auto
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. ADVANCE AUTODRN operates under Specialty Retail classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 40000 people.

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
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Advance Auto Parts cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Advance Auto December 1, 2024 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 Auto's price 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 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.

Complementary Tools for Advance Stock analysis

When running Advance Auto's 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 the 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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