Carnival Plc (Brazil) Price on November 7, 2024
| C1CL34 Stock | BRL 163.26 7.58 4.87% |
If you're considering investing in Carnival Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carnival Plc stands at 163.26, as last reported on the 23rd of December, with the highest price reaching 163.95 and the lowest price hitting 152.70 during the day. Carnival Plc appears to be very steady, given 3 months investment horizon. Carnival plc secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. By analyzing Carnival Plc's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Carnival Plc's Mean Deviation of 1.97, downside deviation of 2.4, and Risk Adjusted Performance of 0.2308 to double-check if our risk estimates are consistent with your expectations.
Carnival Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carnival |
Sharpe Ratio = 0.2924
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | C1CL34 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Carnival Plc is performing at about 23% 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 Carnival Plc by adding it to a well-diversified portfolio.
Carnival Plc Valuation on November 7, 2024
It is possible to determine the worth of Carnival Plc on a given historical date. On November 7, 2024 Carnival was worth 137.25 at the beginning of the trading date compared to the closed value of 135.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carnival Plc stock. Still, in general, we apply an absolute valuation method to find Carnival Plc'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 Carnival Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carnival Plc's related companies.
| Open | High | Low | Close | Volume | |
| 137.02 | 137.67 | 137.02 | 137.67 | 65.00 | |
11/07/2024 | 137.25 | 137.25 | 135.63 | 135.63 | 5.00 |
| 139.03 | 139.10 | 138.71 | 138.71 | 12.00 |
| Backtest Carnival Plc | | | Carnival Plc History | | | Carnival Plc Valuation | Previous | Next |
Carnival Plc Trading Date Momentum on November 7, 2024
| On November 08 2024 Carnival plc was traded for 138.71 at the closing time. The highest price during the trading period was 139.10 and the lowest recorded bid was listed for 138.71 . The volume for the day was 12.0. This history from November 8, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.27% . The overall trading delta to the current price is 5.91% . |
Carnival plc Fundamentals Correlations and Trends
By evaluating Carnival Plc'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 Carnival Plc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carnival financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carnival Plc Stock history
Carnival Plc 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 Carnival is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carnival plc 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 Carnival Plc stock prices may prove useful in developing a viable investing in Carnival Plc
Carnival Corporation plc operates as a leisure travel company. Carnival Corporation plc was founded in 1972 and is headquartered in Miami, Florida. CARNIVAL CORDRN operates under Travel Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 40000 people.
Carnival Plc Stock Technical Analysis
Carnival Plc 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
Carnival Plc Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Carnival plc cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Carnival Plc December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Carnival Plc 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 Plc shares will generate the highest return on investment. By undertsting and applying Carnival Plc stock market strength indicators, traders can identify Carnival plc entry and exit signals to maximize returns
Carnival Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carnival Plc's price direction in advance. Along with the technical and fundamental analysis of Carnival Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carnival 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 | 0.2308 | |||
| Jensen Alpha | 0.7466 | |||
| Total Risk Alpha | 0.6829 | |||
| Sortino Ratio | 0.307 | |||
| Treynor Ratio | 1.33 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Carnival Stock analysis
When running Carnival Plc's price analysis, check to measure Carnival Plc'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 Plc is operating at the current time. Most of Carnival Plc's value examination focuses on studying past and present price action to predict the probability of Carnival Plc'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 Plc's price. Additionally, you may evaluate how the addition of Carnival Plc to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |