Carvana Co Number of Shares Shorted vs. Beta

CVNA
 Stock
  

USD 21.87  0.71  3.14%   

For Carvana Co profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Carvana Co to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Carvana Co Cl utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Carvana Co's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Carvana Co Cl over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
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The current year Price to Sales Ratio is expected to grow to 3.89. The current year Return on Sales is expected to grow to 0.003237. As of July 4, 2022, Consolidated Income is expected to decline to about (309.7 M). In addition to that, Net Income is expected to decline to about (145.7 M).

Carvana Co Revenues

13.83 Billion

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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.

Carvana Co Cl Beta vs. Number of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Carvana Co's current stock value. Our valuation model uses many indicators to compare Carvana Co value to that of its competitors to determine the firm's financial worth.
Carvana Co Cl is number one stock in number of shares shorted category among related companies. It is number one stock in beta category among related companies . The ratio of Number of Shares Shorted to Beta for Carvana Co Cl is about  12,641,921 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Carvana Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Carvana Co's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Carvana Co's earnings, one of the primary drivers of an investment's value.

Carvana Beta vs. Number of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Carvana Co 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
28.95 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Carvana Co 
Beta 
 = 
Covariance 
Variance 
2.29
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Carvana Beta Comparison

Carvana Co is currently under evaluation in beta category among related companies.

Beta Analysis

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 Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Carvana Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Carvana Co will eventually generate negative long term returns. The profitability progress is the general direction of Carvana Co's change in net profit over the period of time. It can combine multiple indicators of Carvana Co, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Consolidated Income-287 M-309.7 M
Net Income-135 M-145.7 M
Net Income Common Stock-135 M-145.7 M
Net Income to Non Controlling Interests-152 M-164 M
Operating Income-104 M-112.2 M
Preferred Dividends Income Statement Impact6.4 M5.5 M
Income Tax Expense900 K894.7 K
Net Income Per Employee-14.3 K-15.5 K
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.

Carvana Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Carvana Co. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Carvana Co position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Carvana Co's important profitability drivers and their relationship over time.

Use Carvana Co in pair-trading

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 Trading

Carvana Co Cl Pair Trading Analysis

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

Use Investing Themes to Complement your Carvana Co position

In addition to having Carvana Co in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Railroads
Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Continue to Trending Equities. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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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To fully project Carvana Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Carvana Co Cl at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Carvana Co's income statement, its balance sheet, and the statement of cash flows.
Potential Carvana Co investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Carvana Co investors may work on each financial statement separately, they are all related. The changes in Carvana Co's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carvana Co's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.