Carnival Stock Alpha and Beta Analysis
| CCL Stock | USD 14.79 0.51 3.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Carnival. It also helps investors analyze the systematic and unsystematic risks associated with investing in Carnival over a specified time horizon. Remember, high Carnival's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Carnival's market risk premium analysis include:
Beta 1.7 | Alpha (0.41) | Risk 2.43 | Sharpe Ratio (0.06) | Expected Return (0.14) |
Carnival Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Carnival |
Carnival Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Carnival market risk premium is the additional return an investor will receive from holding Carnival long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Carnival. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Carnival's performance over market.| α | -0.41 | β | 1.70 |
Carnival expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Carnival's Buy-and-hold return. Our buy-and-hold chart shows how Carnival performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Carnival Market Price Analysis
Market price analysis indicators help investors to evaluate how Carnival stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carnival shares will generate the highest return on investment. By understating and applying Carnival stock market price indicators, traders can identify Carnival position entry and exit signals to maximize returns.
Carnival Return and Market Media
The median price of Carnival for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 15.89 with a coefficient of variation of 5.55. The daily time series for the period is distributed with a sample standard deviation of 0.87, arithmetic mean of 15.77, and mean deviation of 0.72. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Holland America Lines 2025-2026 Mexico and Pacific Coast Seasons Offer Rare Great Bear Rainforest Itinerary and Sea of Cortez Cruises | 03/15/2024 |
2 | Carnival ship catches fire at sea, part of funnel collapses on deck | 03/25/2024 |
3 | Q1 2024 Carnival Corp and Carnival PLC Earnings Call Transcript | 03/28/2024 |
4 | Holland America Line Releases Refreshed 2025 Grand World Voyage Itinerary Including New Ports, Different Entry to Europe | 04/03/2024 |
5 | ACTOR JONATHAN BENNETT NAMED AS GODFATHER TO CARNIVAL FIRENZE | 04/05/2024 |
6 | Americraft Marine Appoints Peter Fetten as Chairman | 04/08/2024 |
7 | Carnival lists Doral headquarters for sale | 04/11/2024 |
8 | Carnival announces redemption of existing 500 mln senior unsecured notes | 04/16/2024 |
9 | Holland America Line Set to Debut New Glacier Day and Enhanced Alaska-Focused Experiences on Every Alaska Cruise in 2024 | 04/17/2024 |
10 | Carnival announces pricing of 500M 5.75 percent senior unsecured notes offering | 04/19/2024 |
About Carnival Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Carnival or other stocks. Alpha measures the amount that position in Carnival has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.007425 | 0.001052 | 9.47E-4 | Price To Sales Ratio | 0.96 | 0.88 | 1.01 |
Carnival Upcoming Company Events
As portrayed in its financial statements, the presentation of Carnival's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Carnival's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Carnival's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Carnival. Please utilize our Beneish M Score to check the likelihood of Carnival's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 24th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 19th of December 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
Build Portfolio with Carnival
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Carnival Backtesting, Carnival Valuation, Carnival Correlation, Carnival Hype Analysis, Carnival Volatility, Carnival History and analyze Carnival Performance. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.Note that the Carnival information on this page should be used as a complementary analysis to other Carnival'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 the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Carnival Stock analysis
When running Carnival's price analysis, check to measure Carnival'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 Carnival is operating at the current time. Most of Carnival's value examination focuses on studying past and present price action to predict the probability of Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival's price. Additionally, you may evaluate how the addition of Carnival to your portfolios can decrease your overall portfolio volatility.
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Carnival 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.