Carvana Net Current Assets as percentage of Total Assets Trend from 2010 to 2022
CVNA   USA Stock  USD 30.95 4.30 16.14% 
Carvana  Net Current Assets as percentage of Total Assets 
Carvana Net Current Assets as percentage of Total Assets Breakdown
Showing smoothed Net Current Assets as percentage of Total Assets of Carvana Co Cl with missing and latest data points interpolated. Carvana Co's Net Current Assets as percentage of Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carvana Co's overall financial position and show how it may be relating to other accounts over time.
Net Current Assets as percentage of Total Assets  10 Years Trend 

Net Current Assets as percentage of Total Assets 
Timeline 
Carvana Net Current Assets as percentage of Total Assets Regression Statistics
Arithmetic Mean  34.09  
Geometric Mean  33.84  
Coefficient Of Variation  11.74  
Mean Deviation  2.68  
Median  35.59  
Standard Deviation  4.00  
Sample Variance  16.02  
Range  15.21  
RValue  0.026005  
Mean Square Error  17.47  
RSquared  0.00067623  
Significance  0.93  
Slope  0.026728  
Total Sum of Squares  192.26 
Carvana Net Current Assets as percentage of Total Assets History
About Carvana Co Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Carvana Co income statement, its balance sheet, and the statement of cash flows. Carvana Co investors use historical funamental indicators, such as Carvana Co's Net Current Assets as percentage of Total Assets, to determine how well the company is positioned to perform in the future. Although Carvana Co investors may use each financial statement separately, they are all related. The changes in Carvana Co's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carvana Co's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carvana Co Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carvana Co. Please read more on our technical analysis and fundamental analysis pages.
Carvana Co., together with its subsidiaries, operates an ecommerce platform for buying and selling used cars in the United States. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona. Carvana Co operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 21000 people.
Last Reported  Projected for 2022  
Net Current Assets as percentage of Total Assets  38.68  37.92 
Average Assets  5.2 B  5.6 B 
Carvana Co Investors Sentiment
The influence of Carvana Co's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Carvana. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.Carvana Co Implied Volatility  203.77 
Carvana Co's implied volatility exposes the market's sentiment of Carvana Co Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carvana Co's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carvana Co stock will not fluctuate a lot when Carvana Co's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carvana Co in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carvana Co's short interest history, or implied volatility extrapolated from Carvana Co options trading.
Pair Trading with Carvana Co
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carvana Co position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carvana Co will appreciate offsetting losses from the drop in the long position's value.Carvana Co Pair Correlation
Correlation Analysis For Direct Indexing and Taxloss Harvesting
The ability to find closely correlated positions to Carvana Co could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Carvana Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carvana Co  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carvana Co Cl to buy it.
The correlation of Carvana Co is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carvana Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana Co Cl moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carvana Co can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to the analysis of Carvana Co Correlation against competitors. Note that the Carvana Co Cl information on this page should be used as a complementary analysis to other Carvana Co'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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Carvana Stock analysis
When running Carvana Co Cl price analysis, check to measure Carvana Co'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 Carvana Co is operating at the current time. Most of Carvana Co's value examination focuses on studying past and present price action to predict the probability of Carvana Co's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carvana Co's price. Additionally, you may evaluate how the addition of Carvana Co to your portfolios can decrease your overall portfolio volatility.
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities  Go  
Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk  Go  
Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and riskadjusted market performance  Go  
Global CorrelationsFind global opportunities by holding instruments from different markets  Go  
Sync Your BrokerSync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and roboadvisors.  Go  
Aroon OscillatorAnalyze current equity momentum using Aroon Oscillator and other momentum ratios  Go  
Stock TickersUse highimpact, comprehensive, and customizable stock tickers that can be easily integrated to any websites  Go  
Probability Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years  Go  
Cryptocurrency CenterBuild and monitor diversified portfolio of extremely risky digital assets and cryptocurrency  Go 
The market value of Carvana Co Cl is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana Co's value that differs from its market value or its book value, called intrinsic value, which is Carvana Co'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 Carvana Co's market value can be influenced by many factors that don't directly affect Carvana Co'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 Carvana Co's value and its price as these two are different measures arrived at by different means. Investors typically determine Carvana Co value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana Co'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.