Carvana Stock Alpha and Beta Analysis

CVNA -  USA Stock  

USD 33.85  2.76  8.88%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Carvana Co Cl. It also helps investors analyze the systematic and unsystematic risks associated with investing in Carvana Co over a specified time horizon. Remember, high Carvana Co's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Carvana Co Backtesting, Carvana Co Valuation, Carvana Co Correlation, Carvana Co Hype Analysis, Carvana Co Volatility, Carvana Co History and analyze Carvana Co Performance.
  
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Please note that although Carvana Co alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Carvana Co did 0.18  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Carvana Co Cl stock's relative risk over its benchmark. Carvana Co Cl has a beta of 1.80  . Let's try to break down what Carvana's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carvana Co will likely underperform.
Carvana Co Enterprise Value over EBIT is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 1,037. The current year Enterprise Value over EBITDA is expected to grow to 304.16, whereas Book Value per Share is forecasted to decline to 1.44.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Carvana Co Quarterly Book Value per Share

0.462

Share

Carvana Co Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Carvana Co market risk premium is the additional return an investor will receive from holding Carvana Co long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Carvana Co. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Carvana Co's performance over market.
α-0.18   β1.80
90 days against DJI

Carvana Co expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Carvana Co's Buy-and-hold return. Our buy-and-hold chart shows how Carvana Co performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Carvana Co Market Price Analysis

Market price analysis indicators help investors to evaluate how Carvana Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carvana Co shares will generate the highest return on investment. By understating and applying Carvana Co stock market price indicators, traders can identify Carvana Co position entry and exit signals to maximize returns.

Carvana Co Return and Market Media

The median price of Carvana Co for the period between Sun, Jun 7, 2020 and Sat, May 28, 2022 is 238.1 with a coefficient of variation of 37.42. The daily time series for the period is distributed with a sample standard deviation of 82.57, arithmetic mean of 220.63, and mean deviation of 70.43. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
EPS Reported05/08/2020
2
Financial Statements05/21/2020
3
Unclassified Event06/16/2020
4
EPS Estimate06/30/2020
5
EPS Reported08/05/2020
6
Unclassified Event09/10/2020
7
Financial Statements09/22/2020
8
Financial Statements09/23/2020
9
Financial Statements09/29/2020
10
EPS Estimate09/30/2020
11
Financial Statements10/05/2020
12
EPS Reported10/29/2020
13
Unclassified Event11/06/2020
14
Unclassified Event12/04/2020
15
Unclassified Event12/09/2020
16
EPS Estimate12/31/2020
17
Unclassified Event01/07/2021
18
Unclassified Event01/14/2021
19
Unclassified Event01/28/2021
20
Unclassified Event02/08/2021
21
Unclassified Event02/10/2021
22
Unclassified Event02/11/2021
23
Unclassified Event02/12/2021
24
Unclassified Event02/16/2021
25
Unclassified Event02/23/2021
26
EPS Reported02/25/2021
27
Unclassified Event03/15/2021
28
Financial Statements03/18/2021
29
Financial Statements03/23/2021
30
Financial Statements03/25/2021
31
Financial Statements03/30/2021
32
EPS Estimate03/31/2021
33
Unclassified Event04/14/2021
34
EPS Reported05/06/2021
35
Filing05/07/2021
36
Unclassified Event05/12/2021
37
Unclassified Event05/26/2021
38
Conversion by Ernest Garcia of 19754 shares of Carvana Co06/17/2021
39
Conversion by Ernest Garcia of 5675 shares of Carvana Co06/21/2021
40
Conversion by Ernest Garcia of 2000 shares of Carvana Co06/22/2021
41
Sale by Ernest Garcia of 5675 shares of Carvana Co06/23/2021
42
Conversion by Ernest Garcia of 7387 shares of Carvana Co06/24/2021
43
Sale by Ernest Garcia of 1400 shares of Carvana Co06/25/2021
44
Sale by Ernest Garcia of 7387 shares of Carvana Co06/28/2021
45
Conversion by Ernest Garcia of 5220 shares of Carvana Co06/29/2021
46
EPS Estimate06/30/2021
47
Carvana Co exotic insider transaction detected07/01/2021
48
Payment of 298 shares by Ernest Garcia of Carvana Co subject...07/06/2021
49
Sale by Ernest Garcia of 7771 shares of Carvana Co07/07/2021
50
Carvana Co exotic insider transaction detected07/09/2021
51
Conversion by Paul Breaux of 1275 shares of Carvana Co07/13/2021
52
Conversion by Ernest Garcia of 10136 shares of Carvana Co07/15/2021
53
Carvana Co exotic insider transaction detected07/16/2021
54
Sale by Ernest Garcia of 600 shares of Carvana Co07/19/2021
55
Sale by Ernest Garcia of 1200 shares of Carvana Co07/21/2021
56
Sale by Ernest Garcia of 1900 shares of Carvana Co07/23/2021
57
Sale by Ernest Garcia of 1390 shares of Carvana Co07/27/2021
58
Carvana Co exotic insider transaction detected07/29/2021
59
Carvana Co exotic insider transaction detected08/02/2021
60
Sale by Taira Thomas of 155 shares of Carvana Co08/04/2021
61
EPS Reported08/05/2021
62
Sale by Ernest Garcia of 5795 shares of Carvana Co08/06/2021
63
Sale by Ernest Garcia of 1100 shares of Carvana Co08/10/2021
64
Carvana Co exotic insider transaction detected08/11/2021
65
Sale by Ernest Garcia of 1033 shares of Carvana Co08/12/2021
66
Carvana Co exotic insider transaction detected08/13/2021
67
Financial Statements08/16/2021
68
Sale by Ernest Garcia of 17200 shares of Carvana Co08/17/2021
69
Conversion by Ernest Garcia of 17236 shares of Carvana Co08/19/2021
70
Carvana Co exotic insider transaction detected08/23/2021
71
Carvana Co exotic insider transaction detected08/24/2021
72
Carvana Co exotic insider transaction detected08/25/2021
73
Unclassified Event08/26/2021
74
Payment of tradable shares by Stephen Palmer of Carvana Co s...09/03/2021
75
Conversion by Ernest Garcia of 4954 shares of Carvana Co09/14/2021
76
Sale by Mark Jenkins of 5000 shares of Carvana Co09/16/2021
77
Conversion by Mark Jenkins of 6250 shares of Carvana Co09/17/2021
78
Exercise or conversion by Greg Sullivan of 2500 shares of Ca...09/21/2021
79
EPS Estimate09/30/2021
80
Payment of tradable shares by Stephen Palmer of Carvana Co s...10/04/2021
81
Conversion by Ernest Garcia of 400 shares of Carvana Co10/25/2021
82
Payment of tradable shares by Stephen Palmer of Carvana Co s...11/03/2021
83
EPS Reported11/04/2021
84
Sale by Benjamin Huston of 10000 shares of Carvana Co11/08/2021
85
Sale by Mark Jenkins of 10000 shares of Carvana Co11/09/2021
86
Payment of tradable shares by Stephen Palmer of Carvana Co s...12/03/2021
87
Acquisition or disposition of Carvana Co securities by Cvan ...12/06/2021
88
EPS Estimate12/31/2021
89
Payment of tradable shares by Stephen Palmer of Carvana Co s...01/04/2022
90
Acquisition by Stephen Palmer of tradable shares of Carvana ...01/07/2022
91
Unclassified Event01/10/2022
92
Unclassified Event01/12/2022
93
Consumer Cyclical Stocks on the Move Tuesday BALY, FUV, DBGI...01/25/2022
94
Payment of 180 shares by Taira Thomas of Carvana Co subject ...02/01/2022
95
Sale by Stephen Palmer of tradable shares of Carvana Co02/03/2022
96
Unclassified Event02/04/2022
97
Unclassified Event02/07/2022
98
Unclassified Event02/09/2022
99
Unclassified Event02/10/2022
100
Unclassified Event02/14/2022
101
Acquisition by Ernest Garcia of 48984 shares of Carvana Co s...02/23/2022
102
EPS Reported02/24/2022
103
Financial Statements02/25/2022
104
Sale by Stephen Palmer of 1000 shares of Carvana Co03/03/2022
105
Consumer Cyclical Stocks Moving Up and Down Friday SG, FNKO,...03/04/2022
106
Carvana Co exotic insider transaction detected03/08/2022
107
Unclassified Event03/09/2022
108
Financial Statements03/22/2022
109
Carvana Co exotic insider transaction detected03/24/2022
110
EPS Estimate03/31/2022
111
Payment of tradable shares by Stephen Palmer of Carvana Co s...04/04/2022
112
EPS Reported04/20/2022
113
Colgate-Palmolive to Release Earnings on Friday - MarketBeat04/22/2022
114
Financial Statements04/25/2022
115
Carvana Co exotic insider transaction detected04/26/2022
116
Purchase by Ernest Garcia of 850000 shares of Carvana Co04/28/2022
117
Unclassified Event04/29/2022
118
Payment of tradable shares by Stephen Palmer of Carvana Co s...05/03/2022
119
Filing05/06/2022
120
Unclassified Event05/10/2022
121
Regulation05/13/2022
122
Acquisition by Stephen Palmer of 1123 shares of Carvana Co s...05/18/2022
123
Purchase by Paul Breaux of 15000 shares of Carvana Co05/23/2022
124
Purchase by Paul Breaux of 15000 shares of Carvana Co05/26/2022

About Carvana Co Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Carvana Co Cl has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2017 2018 2021 2022 (projected)
PPandE Turnover8.218.7810.110.41
Long Term Debt to Equity0.395.795.215.63

Carvana Co Upcoming Company Events

As portrayed in its financial statements, the presentation of Carvana Co's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Carvana Co's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Carvana Co's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Carvana Co. Please utilize our Beneish M Score to check the likelihood of Carvana Co's management manipulating its earnings.
Upcoming Quarterly Report24th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Carvana Co

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Continue to Carvana Co Backtesting, Carvana Co Valuation, Carvana Co Correlation, Carvana Co Hype Analysis, Carvana Co Volatility, Carvana Co History and analyze Carvana Co Performance. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.
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Carvana Co 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 Carvana Co technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Carvana Co 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...