Carvana Co Stock Price on June 30, 2023
| CVNA Stock | USD 75.62 4.18 5.85% |
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 75.62, as last reported on the 23rd of April, with the highest price reaching 77.53 and the lowest price hitting 72.06 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 not too volatile given 3 months investment horizon. Carvana secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Carvana Downside Deviation of 4.39, risk adjusted performance of 0.1036, and Mean Deviation of 4.17 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 49.8016 | 50 Day MA 74.9062 | Beta 3.301 |
Carvana |
Sharpe Ratio = 0.1801
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.15 actual daily | 54 54% of assets are less volatile |
Expected Return
| 1.11 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Carvana is performing at about 14% 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 86.9 M | Wall Street Target Price 62.56 |
Carvana Valuation on June 30, 2023
It is possible to determine the worth of Carvana on a given historical date. On June 30, 2023 Carvana was worth 26.78 at the beginning of the trading date compared to the closed value of 25.92. 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 | |
| 29.01 | 29.13 | 24.66 | 25.74 | 27,979,223 | |
06/30/2023 | 26.78 | 27.45 | 25.15 | 25.92 | 19,271,162 |
| 25.90 | 26.33 | 25.20 | 25.80 | 7,483,027 |
| Backtest Carvana | | | Carvana History | | | Carvana Valuation | Previous | Next |
Carvana Trading Date Momentum on June 30, 2023
| On July 03 2023 Carvana Co was traded for 25.80 at the closing time. The top price for the day was 26.33 and the lowest listed price was 25.20 . The trading volume for the day was 7.5 M. The trading history from July 3, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.46% . The overall trading delta against the current closing price is 13.27% . |
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 | June 30, 2023
| High |
26.78 | 25.92 |
Carvana April 23, 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 | 0.1036 | |||
| Jensen Alpha | 0.6286 | |||
| Total Risk Alpha | 0.1445 | |||
| Sortino Ratio | 0.1966 | |||
| Treynor Ratio | 0.2376 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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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Is Carvana'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.18) | Revenue Per Share 98.525 | Quarterly Revenue Growth (0.15) | Return On Assets (0.01) | Return On Equity (12.69) |
The market value of Carvana 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's value that differs from its market value or its book value, called intrinsic value, which is Carvana'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's market value can be influenced by many factors that don't directly affect Carvana'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana'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.