Carvana Co Stock Price on September 17, 2024
| CVNA Stock | USD 244.35 2.92 1.21% |
Below is the normalized historical share price chart for Carvana Co extending back to April 28, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Carvana stands at 244.35, as last reported on the 9th of November, with the highest price reaching 245.93 and the lowest price hitting 239.19 during the day.
If you're considering investing in Carvana Stock, it is important to understand the factors that can impact its price. Carvana is very steady given 3 months investment horizon. Carvana secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Carvana Mean Deviation of 2.36, risk adjusted performance of 0.2097, and Downside Deviation of 2.64 to evaluate company specific risk that cannot be diversified away.
At present, Carvana's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 210.6 M, whereas Common Stock is forecasted to decline to about 147.9 K. . At present, Carvana's Price Earnings Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 7.57, whereas Price To Sales Ratio is forecasted to decline to 0.51. Carvana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of April 2017 | 200 Day MA 119.8287 | 50 Day MA 178.9654 | Beta 3.379 |
Carvana |
Sharpe Ratio = 0.2709
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Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Carvana is performing at about 21% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Carvana by adding it to a well-diversified portfolio.
Price Book 50.2536 | Enterprise Value Ebitda 35.1701 | Price Sales 2.2265 | Shares Float 118.2 M | Wall Street Target Price 239.2 |
Related Headline
SunCar Technology Headline on 17th of September 2024
Short Interest in SunCar Technology Group Inc. Grows By 15.6 by thelincolnianonline.com
SunCar Technology Group Inc. saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 243,900 shares, an increase of 15.6 percent from the August 15th total of 211,000 shares. Based on an average daily trading volume, of 239,400 shares, the
Carvana Valuation on September 17, 2024
It is possible to determine the worth of Carvana on a given historical date. On September 17, 2024 Carvana was worth 154.97 at the beginning of the trading date compared to the closed value of 156.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carvana stock. Still, in general, we apply an absolute valuation method to find Carvana's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Carvana where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carvana's related companies.
| Open | High | Low | Close | Volume | |
| 143.15 | 153.56 | 143.03 | 152.90 | 5,654,185 | |
09/17/2024 | 154.97 | 158.30 | 151.60 | 156.58 | 3,186,513 |
| 157.35 | 167.75 | 157.26 | 161.63 | 6,365,319 |
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Carvana Trading Date Momentum on September 17, 2024
| On September 18 2024 Carvana Co was traded for 161.63 at the closing time. The top price for the day was 167.75 and the lowest listed price was 157.26 . The trading volume for the day was 6.4 M. The trading history from September 18, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.23% . The overall trading delta against the current closing price is 9.29% . |
Carvana Fundamentals Correlations and Trends
By evaluating Carvana's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Carvana's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carvana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carvana Stock history
Carvana investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Carvana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carvana will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Carvana stock prices may prove useful in developing a viable investing in Carvana
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 200.6 M | 210.6 M | |
| Net Loss | -1.4 B | -1.4 B |
Carvana Quarterly Net Working Capital |
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Carvana Stock Technical Analysis
Carvana 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.
Price Boundaries
Carvana Period Price Range
Low | November 9, 2024
| High |
0.00 | 0.00 |
Carvana Co cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Carvana November 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Carvana 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 shares will generate the highest return on investment. By undertsting and applying Carvana stock market strength indicators, traders can identify Carvana Co entry and exit signals to maximize returns
Carvana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carvana's price direction in advance. Along with the technical and fundamental analysis of Carvana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carvana to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2097 | |||
| Jensen Alpha | 0.8273 | |||
| Total Risk Alpha | 0.2031 | |||
| Sortino Ratio | 0.31 | |||
| Treynor Ratio | 1.04 |
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Complementary Tools for Carvana Stock analysis
When running Carvana's price analysis, check to measure Carvana'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 is operating at the current time. Most of Carvana's value examination focuses on studying past and present price action to predict the probability of Carvana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carvana's price. Additionally, you may evaluate how the addition of Carvana to your portfolios can decrease your overall portfolio volatility.
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