Carvana Short Ratio

CVNA -  USA Stock  

USD 33.57  0.69  2.10%

Carvana Co Cl fundamentals help investors to digest information that contributes to Carvana Co's financial success or failures. It also enables traders to predict the movement of Carvana Stock. This fundamental analysis module provides a way for investors to measures Carvana Co's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carvana Co stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Carvana Short Ratio Analysis

Carvana Co's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
 2019 2020 2021 2022 (projected)
Revenues USD3.94 B5.59 B12.81 B13.83 B
Revenues3.94 B5.59 B12.81 B13.83 B
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
More About Short Ratio | All Equity Analysis

Current Carvana Co Short Ratio

    
  3.83 X  
Most of Carvana Co's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carvana Co Cl is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Carvana Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Carvana Co is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Short Ratio. Since Carvana Co's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carvana Co's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carvana Co's interrelated accounts and indicators.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Compare to competition

Carvana Net Cash Flow from Operations

Net Cash Flow from Operations

(2.66 Billion)

Share
Carvana Co Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (2.59 Billion)
Based on the latest financial disclosure, Carvana Co Cl has a Short Ratio of 3.83 times. This is 34.42% lower than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry. The short ratio for all United States stocks is 4.25% higher than that of the company.

Carvana Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carvana Co's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. 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 of similar companies.
Carvana Co is currently under evaluation in short ratio category among related companies.

Carvana Co Institutional Holders

Institutional Holdings refers to the ownership stake in Carvana Co that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Carvana Co's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Carvana Co's value.
Security TypeSharesValue
Price T Rowe Associates IncCommon Shares13.4 M1.6 B
Fmr LlcCommon Shares10.4 M1.2 B
Baillie Gifford CoCommon Shares9.5 M1.1 B
Tiger Global Management LlcCommon Shares8.5 MB
Vanguard Group IncCommon Shares7.3 M870.5 M
Morgan StanleyCommon Shares7.2 M855.3 M
Spruce House Investment Management LlcCommon SharesM596.5 M
Group One Trading LpCall Options1.6 M191.7 M
Susquehanna International Group LlpPut Options1.5 M182.3 M

Carvana Fundamentals

About Carvana Co Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carvana Co Cl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carvana Co using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carvana Co Cl based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Carvana Co., together with its subsidiaries, operates an e-commerce 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Carvana Co without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 Carvana Co Piotroski F Score and Carvana Co Altman Z Score analysis. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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.