Acquisition by William Pellicciotti of 4572 shares of Advance Auto at 65.63 subject to Rule 16b-3

0H9G Stock   44.55  0.12  0.27%   
Slightly above 61% of Advance Auto's investor base is looking to short. The analysis of overall sentiment of trading Advance Auto Parts stock suggests that many investors are alarmed at this time. Advance Auto's investing sentiment can be driven by a variety of factors including economic data, Advance Auto's earnings reports, geopolitical events, and overall market trends.
Advance Auto stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Advance daily returns and investor perception about the current price of Advance Auto Parts as well as its diversification or hedging effects on your existing portfolios.
  
Filed transaction by Advance Auto Parts Officer Svp, Controller And Cao. Grant, award or other acquisition pursuant to Rule 16b-3

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Acquisition of 4572 common stock at 65.63 of Advance Auto by William Pellicciotti on 20th of July 2024. This event was filed by Advance Auto Parts with SEC on 2023-08-28. Statement of changes in beneficial ownership - SEC Form 4. William Pellicciotti currently serves as senior vice president chief accounting officer, controller of Advance Auto Parts

Cash Flow Correlation

Advance Auto's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Advance Auto's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Advance Auto Fundamental Analysis

We analyze Advance Auto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advance Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advance Auto based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Owned By Institutions

Shares Owned By Institutions Comparative Analysis

Advance Auto is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Advance Auto Parts Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Advance Auto stock to make a market-neutral strategy. Peer analysis of Advance Auto could also be used in its relative valuation, which is a method of valuing Advance Auto by comparing valuation metrics with similar companies.

Additional 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.