Carvana Co Stock Forecast - Daily Balance Of Power

CVNA
 Stock
  

USD 21.87  0.71  3.14%   

Carvana Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Carvana Co historical stock prices and determine the direction of Carvana Co Cl's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Carvana Co historical fundamentals such as revenue growth or operating cash flow patterns. Although Carvana Co naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Carvana Co Cl systematic risk associated with finding meaningful patterns of Carvana Co fundamentals over time.
Continue to Historical Fundamental Analysis of Carvana Co to cross-verify your projections.
  
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Carvana Co PPandE Turnover is projected to increase slightly based on the last few years of reporting. The past year's PPandE Turnover was at 10.10. The current year Receivables Turnover is expected to grow to 23.66, whereas Inventory Turnover is forecasted to decline to 4.30. . The current year Weighted Average Shares is expected to grow to about 178.3 M. The current year Weighted Average Shares Diluted is expected to grow to about 35.5 M.

Open Interest Agains t 2022-07-08 Carvana Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Carvana Co's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Carvana Co's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Carvana Co stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Carvana Co's open interest, investors have to compare it to Carvana Co's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Carvana Co is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Carvana. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On January 11, 2022 Carvana Co Cl had Daily Balance Of Power of 0.4589.
Most investors in Carvana Co cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Carvana Co's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Carvana Co's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Carvana Co Cl market sensitivity to bulls and bears. It estimates the ability of Carvana Co buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Carvana Co Balance of Power indicator one can determine a trend of the price direction.

Carvana Co Cl Current Investor Sentiment

Investor biases related to Carvana Co's public news can be used to forecast risks associated with investment in Carvana. The trend in average sentiment can be used to explain how an investor holding Carvana can time the market purely based on public headlines and social activities around Carvana Co Cl. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Carvana Co's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carvana Co's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carvana Co's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Carvana Co.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.28790.4589
Check Carvana Co VolatilityBacktest Carvana CoTrend Details  

Carvana Co Trading Date Momentum

On January 12 2022 Carvana Co Cl was traded for  177.53  at the closing time. The top price for the day was 186.00  and the lowest listed price was  173.29 . The trading volume for the day was 4.5 M. The trading history from January 12, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.66% . The overall trading delta against the current closing price is 18.30% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Carvana Co

For every potential investor in Carvana, whether a beginner or expert, Carvana Co's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carvana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carvana. Basic forecasting techniques help filter out the noise by identifying Carvana Co's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Carvana Co stock to make a market-neutral strategy. Peer analysis of Carvana Co could also be used in its relative valuation, which is a method of valuing Carvana Co by comparing valuation metrics with similar companies.

Carvana Co Cl Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Carvana Co's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Carvana Co's current price.

Carvana Co Market Strength Events

Market strength 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 undertsting and applying Carvana Co stock market strength indicators, traders can identify Carvana Co Cl entry and exit signals to maximize returns.

Carvana Co Risk Indicators

The analysis of Carvana Co's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Carvana Co's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Carvana Co stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 decision-making process regarding taking a position in Carvana. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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

    
  152.14  
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.

Current Sentiment - CVNA

Carvana Co Cl Investor Sentiment

Most of Macroaxis users are currently bullish on Carvana Co Cl. What is your opinion about investing in Carvana Co Cl? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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 Tax-loss Harvesting

The ability to find closely correlated positions to Carvana Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Carvana Co to cross-verify your projections. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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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Is Carvana Co'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 Carvana Co. If investors know Carvana 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 Carvana Co listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
3.9 B
Quarterly Revenue Growth YOY
0.56
Return On Assets
-0.0489
Return On Equity
-1.84
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.