|Carnival Corporation -- USA Stock|| |
USD 68.13 0.11 0.16%
Carnival Corporation shows Downside Deviation
of 1.06, Risk Adjusted Performance
of 0.049 and Mean Deviation
of 0.8596. Carnival 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 future prices. In plain English 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 found nineteen technical drivers
for Carnival Corporation which can be compared to its rivals. Please confirm Carnival Value At Risk
, and the relationship
between Jensen Alpha
and Semi Variance
to decide if Carnival is priced correctly providing market reflects its regular price of 68.13 per share. Given that Carnival has Jensen Alpha
of 0.1966, we suggest you validate Carnival Corporation prevailing market performance to make sure the company can sustain itself at future point.
Carnival Trend Analysis
Use this graph to draw trend lines for Carnival Corporation. You can use it to identify possible trend reversals for Carnival 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 Carnival price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Carnival Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Carnival Corporation applied against its price change over selected period. The best fit line has a slop of 0.29 %
which may imply that Carnival Corporation will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 67.15, which is the sum of squared deviations for the predicted Carnival price change compared to its average price change.