Carvana Stock Market Value

CVNA -  USA Stock  

USD 39.36  1.05  2.74%

Carvana Co's market value is the price at which a share of Carvana Co stock trades on a public exchange. It measures the collective expectations of Carvana Co Cl investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Carvana Co Cl and determine expected loss or profit from investing in Carvana Co over a given investment horizon. Continue to Carvana Co Hype Analysis, Carvana Co Correlation, Carvana Co Valuation, Carvana Co Volatility, as well as analyze Carvana Co Alpha and Beta and Carvana Co Performance.
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Backtest


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.

Carvana Co 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Carvana Co's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Carvana Co.
0.00
04/16/2022
No Change 0.00  0.0 
In 31 days
05/16/2022
0.00
If you would invest  0.00  in Carvana Co on April 16, 2022 and sell it all today you would earn a total of 0.00 from holding Carvana Co Cl or generate 0.0% return on investment in Carvana Co over 30 days. Carvana Co is related to or competes with Alibaba Group. Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the Uni...

Carvana Co Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Carvana Co's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Carvana Co Cl upside and downside potential and time the market with a certain degree of confidence.

Carvana Co Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Carvana Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carvana Co's standard deviation. In reality, there are many statistical measures that can use Carvana Co historical prices to predict the future Carvana Co's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Carvana Co's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Carvana Co in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
34.4852.3960.74
Details
Intrinsic
Valuation
LowReal ValueHigh
34.48121.04129.39
Details
21 Analysts
Consensus
LowTarget PriceHigh
260.00370.75470.00
Details
Earnings
Estimates (12)
LowProjected EPSHigh
-2.07-1.42-1.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carvana Co. Your research has to be compared to or analyzed against Carvana Co's peers to derive any actionable benefits. When done correctly, Carvana Co's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Carvana Co Cl.

Carvana Co Cl Backtested Returns

Carvana Co Cl secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had -0.21% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Carvana Co Cl exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Carvana Co Cl risk adjusted performance of (0.28), and Mean Deviation of 6.1 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 3.4895, which signifies a somewhat significant risk relative to the market. 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. Even though it is essential to pay attention to Carvana Co Cl historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Carvana Co Cl exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Carvana Co Cl has an expected return of -1.72%. Please be advised to confirm Carvana Co Cl semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Carvana Co Cl performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.88  

Very good predictability

Carvana Co Cl has very good predictability. Overlapping area represents the amount of predictability between Carvana Co time series from 16th of April 2022 to 1st of May 2022 and 1st of May 2022 to 16th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Carvana Co Cl price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Carvana Co price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.78
Residual Average0.0
Price Variance100.29

Carvana Co Cl lagged returns against current returns

Autocorrelation, which is Carvana Co stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Carvana Co's stock expected returns. We can calculate the autocorrelation of Carvana Co returns to help us make a trade decision. For example, suppose you find that Carvana Co stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Carvana Co regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Carvana Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carvana Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carvana Co stock over time.
 Current vs Lagged Prices 
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      Timeline 

Carvana Co Lagged Returns

When evaluating Carvana Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carvana Co stock have on its future price. Carvana Co autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Carvana Co autocorrelation shows the relationship between Carvana Co stock current value and its past values and can show if there is a momentum factor associated with investing in Carvana Co Cl.
 Regressed Prices 
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      Timeline 

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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Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
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Continue to Carvana Co Hype Analysis, Carvana Co Correlation, Carvana Co Valuation, Carvana Co Volatility, as well as analyze Carvana Co Alpha and Beta and 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...