AAP Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Potential upside driven by institutional investments and cost-cutting measures, with a reduced store footprint improving profitability in 2025.




Bearish Case: High implied volatility suggests market uncertainty; store closures and declining sales signal persistent financial struggles with widening losses.




Potential Outcomes:
  • Cost reductions lead to profitability: 40%.
  • Continued financial strain depresses stock: 50%.
  • Successful restructuring improves margins: 10%.




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January 04, 2025


Advance Auto Parts Forecast

AAP        Advance Auto Parts











Correlated Assets

Assets that tend to move strongly with AAP



PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.9)


ALV Forecast + Options Trading Strategies   ALV  Autoliv (0.89)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.86)


LEA Forecast + Options Trading Strategies   LEA  Lear (0.86)


TREX Forecast + Options Trading Strategies   TREX  TREX Co. (0.86)



Uncorrelated Assets

Assets with little price relationship to AAP



HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.01)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.01)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (0.01)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (-0.02)


TCMD Forecast + Options Trading Strategies   TCMD  Tactile Systems Technology (0.03)



Anticorrelated Assets

Assets that tend to move strongly against AAP



VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (-0.81)


GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (-0.83)


COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.86)


CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (-0.88)


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (-0.89)









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