Carvana Co Stock Price on May 2, 2024
| CVNA Stock | USD 98.96 1.02 1.02% |
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 98.96, as last reported on the 4th of June, with the highest price reaching 98.96 and the lowest price hitting 98.96 during the day.
If you're considering investing in Carvana Stock, it is important to understand the factors that can impact its price. Carvana appears to be very steady, given 3 months investment horizon. Carvana secures Sharpe Ratio (or Efficiency) of 0.0934, which signifies that the company had a 0.0934% return per unit of risk over the last 3 months. By analyzing Carvana's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Carvana's Downside Deviation of 3.44, mean deviation of 3.33, and Risk Adjusted Performance of 0.0725 to double-check if our risk estimates are consistent with your expectations.
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 58.6909 | 50 Day MA 94.9032 | Beta 3.283 |
Carvana |
Sharpe Ratio = 0.0934
| Best Portfolio | Best Equity | |||
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| Small Returns | CVNA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Carvana is performing at about 7% 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 35.9638 | Enterprise Value Ebitda 12.5532 | Price Sales 1.2365 | Shares Float 98.8 M | Wall Street Target Price 102.06 |
Carvana Valuation on May 2, 2024
It is possible to determine the worth of Carvana on a given historical date. On May 2, 2024 Carvana was worth 119.95 at the beginning of the trading date compared to the closed value of 116.5. 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 | |
| 82.58 | 91.12 | 82.00 | 87.09 | 13,856,503 | |
05/02/2024 | 119.95 | 122.30 | 111.45 | 116.50 | 24,213,629 |
| 119.20 | 124.20 | 115.79 | 121.67 | 8,523,609 |
| Backtest Carvana | | | Carvana History | | | Carvana Valuation | Previous | Next |
Carvana Trading Date Momentum on May 2, 2024
| On May 03 2024 Carvana Co was traded for 121.67 at the closing time. The top price for the day was 124.20 and the lowest listed price was 115.79 . The trading volume for the day was 8.5 M. The trading history from May 3, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 4.44% . The overall trading delta against the current closing price is 2.66% . |
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 | May 2, 2024
| High |
119.95 | 116.50 |
Carvana June 4, 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
| Accumulation Distribution | 2.1 M | |||
| Daily Balance Of Power | (0.32) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 116.88 | |||
| Day Typical Price | 116.75 | |||
| Price Action Indicator | (2.10) | |||
| Period Momentum Indicator | (17.54) |
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 | 0.0725 | |||
| Jensen Alpha | 0.514 | |||
| Total Risk Alpha | 0.3238 | |||
| Sortino Ratio | 0.1532 | |||
| Treynor Ratio | 0.3619 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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