Carvana Stock Alpha and Beta Analysis

CVNA -  USA Stock  

USD 32.88  2.17  6.19%

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.
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 1.23  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 3.61  . 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



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-1.23   β3.61
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 Fri, Feb 18, 2022 and Thu, May 19, 2022 is 113.48 with a coefficient of variation of 35.27. The daily time series for the period is distributed with a sample standard deviation of 36.01, arithmetic mean of 102.1, and mean deviation of 29.81. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Acquisition by Ernest Garcia of 48984 shares of Carvana Co s...02/23/2022
EPS Reported02/24/2022
Financial Statements02/25/2022
Sale by Stephen Palmer of 1000 shares of Carvana Co03/03/2022
Carvana Co exotic insider transaction detected03/08/2022
Unclassified Event03/09/2022
Financial Statements03/22/2022
Carvana Co exotic insider transaction detected03/24/2022
EPS Estimate03/31/2022
Payment of tradable shares by Stephen Palmer of Carvana Co s...04/04/2022
EPS Reported04/20/2022
Colgate-Palmolive to Release Earnings on Friday - MarketBeat04/22/2022
Financial Statements04/25/2022
Carvana Co exotic insider transaction detected04/26/2022
Purchase by Ernest Garcia of 850000 shares of Carvana Co04/28/2022
Unclassified Event04/29/2022
Payment of tradable shares by Stephen Palmer of Carvana Co s...05/03/2022
Unclassified Event05/10/2022

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

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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...