Carvana Stock Technical Analysis

CVNA -  USA Stock  

USD 156.39  6.61  4.06%

As of the 17th of January 2022, Carvana Co shows the mean deviation of 2.72, and Risk Adjusted Performance of (0.17). Carvana Co Cl technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Carvana Co Cl, which can be compared to its rivals. Please confirm Carvana Co Cl value at risk, and the relationship between the jensen alpha and semi variance to decide if Carvana Co Cl is priced correctly, providing market reflects its regular price of 156.39 per share. Given that Carvana Co has jensen alpha of (0.90), we suggest you to validate Carvana Co Cl's prevailing market performance to make sure the company can sustain itself at a future point.

Carvana Technical Analysis 

 
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Carvana Co Analyst Consensus

Target PriceAdvice# of Analysts
370.75Buy20Odds
Carvana Co Cl current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Carvana analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Carvana stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Carvana Co Cl, talking to its executives and customers, or listening to Carvana conference calls.
Carvana Analyst Advice Details
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...

Carvana Co Cl Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Carvana Co Cl across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Carvana Co Cl Trend Analysis

Use this graph to draw trend lines for Carvana Co Cl. You can use it to identify possible trend reversals for Carvana Co as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Carvana Co price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Carvana Co Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Carvana Co Cl applied against its price change over selected period. The best fit line has a slop of   -2.25  , which may suggest that Carvana Co Cl market price will keep on failing further. It has 122 observation points and a regression sum of squares at 190690.26, which is the sum of squared deviations for the predicted Carvana Co price change compared to its average price change.

About Carvana Co Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Carvana Co Cl on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Carvana Co Cl based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carvana Co Cl stock first instead of the macroeconomic environment surrounding Carvana Co Cl. By analyzing Carvana Co's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Carvana Co's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Carvana Co specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2018 2021 2022 (projected)
PPandE Turnover8.218.7810.110.41
Long Term Debt to Equity0.395.795.215.63

Carvana Co January 17, 2022 Technical Indicators

Most technical analysis of Carvana help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Carvana from various momentum indicators to cycle indicators. When you analyze Carvana charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Carvana Co January 17, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Carvana stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Carvana Stock analysis

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.
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.