Carnival Story

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CCL -- USA Stock  

USD 15.36  0.17  1.12%

Carnival Current Ratio is relatively stable at the moment as compared to the past year. The company's current value of Current Ratio is estimated at 0.22. EBITDA Margin is expected to hike to 0.31 this year, although the value of Earnings Before Interest Taxes and Depreciation Amortization EBITDA will most likely fall to nearly 5.6 B. In this article, we will summarize Carnival as a potential position in addition to your existing holdings. We will summarize why it could be a game-changer for Carnival stakeholders.
Published over three weeks ago
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Estimating Carnival (NYSE:CCL) price for October 2020.
The entity has a beta of -0.8196. Let's try to break down what Carnival's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carnival will likely underperform. The beta indicator helps investors understand whether Carnival moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Carnival deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Carnival. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Carnival

How important is Carnival's Liquidity

Carnival financial leverage refers to using borrowed capital as a funding source to finance Carnival ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Carnival financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Carnival's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Carnival, but it might be worth checking our own buy vs. sell analysis

Breaking down the case for Carnival

Carnival price pull down over the last few months could raise concerns from stakeholders as the firm it trading at a share price of 14.13 on very low momentum in volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in August. However, diversifying your holdings with Carnival or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days investing horizon is currently 4.83. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Carnival partners.

Returns Breakdown

Return on Assets
Return on Equity
Return Capital
Return on Assets0.0704
Return on Equity0.12
Return Capital0.0848
Return on Sales0.17

Will Carnival growth be rational after the hike?

The standard deviation is down to 4.99 as of today. Carnival exhibits very low volatility with skewness of 0.51 and kurtosis of 1.23. However, we advise investors to further study Carnival technical indicators to make sure all market info is available and is reliable.

The Current Takeaway on Carnival Investment

While some firms in the travel services industry are either recovering or due for a correction, Carnival may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current Carnival valuation and our trade advice on Carnival is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Carnival.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Carnival. Please refer to our Terms of Use for any information regarding our disclosure principles.

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