Autozone Stock Price Prediction
| AZO Stock | USD 2,973 34.91 1.19% |
Oversold Vs Overbought
51
Oversold | Overbought |
AutoZone stock price prediction is an act of determining the future value of AutoZone shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of AutoZone's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of AutoZone and does not consider all of the tangible or intangible factors available from AutoZone's fundamental data. We analyze noise-free headlines and recent hype associated with AutoZone, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of AutoZone based on different types of headlines from major news networks to social media. The AutoZone stock price prediction module provides an analysis of price elasticity to changes in media outlook on AutoZone over a specific investment horizon. Using AutoZone hype-based prediction, you can estimate the value of AutoZone from the perspective of AutoZone response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in AutoZone. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in AutoZone to buy its stock at a price that has no basis in reality. In that case, they are not buying AutoZone because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
AutoZone after-hype prediction price | USD 2985.93 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
AutoZone |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AutoZone's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AutoZone After-Hype Price Prediction Density Analysis
As far as predicting the price of AutoZone at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in AutoZone or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of AutoZone, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
AutoZone Estimiated After-Hype Price Volatility
In the context of predicting AutoZone's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on AutoZone's historical news coverage. AutoZone's after-hype downside and upside margins for the prediction period are 2,985 and 3,286, respectively. We have considered AutoZone's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
AutoZone is very steady at this time. Analysis and calculation of next after-hype price of AutoZone is based on 3 months time horizon.
AutoZone Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as AutoZone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AutoZone backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with AutoZone, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 1.41 | 0.00 | 0.02 | 0 Events / Month | 1 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2,973 | 2,986 | 0.05 |
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AutoZone Hype Timeline
On the 19th of April AutoZone is traded for 2,973. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. AutoZone is forecasted to decline in value after the next headline, with the price expected to drop to 2985.93. The average volatility of media hype impact on the company price is insignificant. The price depreciation on the next news is expected to be -0.05%, whereas the daily expected return is presently at 0.12%. The volatility of related hype on AutoZone is about 1060.15%, with the expected price after the next announcement by competition of 2,973. About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.48. AutoZone recorded earning per share (EPS) of 141.73. The entity last dividend was issued on the 29th of October 2010. The firm had 2:1 split on the 21st of April 1994. Considering the 90-day investment horizon the next forecasted press release will be in 5 to 10 days. Check out AutoZone Basic Forecasting Models to cross-verify your projections.AutoZone Related Hype Analysis
Having access to credible news sources related to AutoZone's direct competition is more important than ever and may enhance your ability to predict AutoZone's future price movements. Getting to know how AutoZone's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how AutoZone may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AAP | Advance Auto Parts | 0.00 | 0 per month | 2.12 | 0.09 | 4.25 | (4.15) | 13.12 | |
| TSCO | Tractor Supply | 0.00 | 0 per month | 0.97 | 0.03 | 1.87 | (1.76) | 6.72 | |
| GPC | Genuine Parts Co | (0.30) | 10 per month | 0.80 | 0.1 | 1.74 | (1.57) | 4.68 | |
| FIVE | Five Below | 0.00 | 0 per month | 0.00 | (0.14) | 2.44 | (3.39) | 18.34 | |
| WSM | Williams Sonoma | 0.00 | 0 per month | 1.52 | 0.15 | 3.25 | (3.39) | 22.86 | |
| ULTA | Ulta Beauty | 0.00 | 0 per month | 0.00 | (0.09) | 2.09 | (2.09) | 18.35 | |
| BBY | Best Buy Co | (1.03) | 9 per month | 1.61 | 0.03 | 3.01 | (2.78) | 7.78 | |
| RH | RH | 0.00 | 0 per month | 0.00 | (0.03) | 5.45 | (5.00) | 27.04 | |
| DKS | Dicks Sporting Goods | 0.00 | 0 per month | 0.99 | 0.15 | 2.44 | (2.26) | 18.16 | |
| WOOF | Pet Acquisition LLC | 0.00 | 0 per month | 0.00 | (0.17) | 4.30 | (6.73) | 25.26 |
AutoZone Additional Predictive Modules
Most predictive techniques to examine AutoZone price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AutoZone using various technical indicators. When you analyze AutoZone charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About AutoZone Predictive Indicators
The successful prediction of AutoZone stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as AutoZone, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of AutoZone based on analysis of AutoZone hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to AutoZone's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to AutoZone's related companies. Story Coverage note for AutoZone
The number of cover stories for AutoZone depends on current market conditions and AutoZone's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that AutoZone is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about AutoZone's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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AutoZone Short Properties
AutoZone's future price predictability will typically decrease when AutoZone's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of AutoZone often depends not only on the future outlook of the potential AutoZone's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. AutoZone's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.1 M | |
| Cash And Short Term Investments | 277.1 M |
Check out AutoZone Basic Forecasting Models to cross-verify your projections. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for AutoZone Stock analysis
When running AutoZone's price analysis, check to measure AutoZone'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 AutoZone is operating at the current time. Most of AutoZone's value examination focuses on studying past and present price action to predict the probability of AutoZone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoZone's price. Additionally, you may evaluate how the addition of AutoZone to your portfolios can decrease your overall portfolio volatility.
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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.
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 if AutoZone is a good investment 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.