Carnival Stock Price on February 29, 2024
| CCL Stock | USD 25.14 0.20 0.79% |
Below is the normalized historical share price chart for Carnival extending back to July 24, 1987. 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 Carnival stands at 25.14, as last reported on the 29th of November, with the highest price reaching 25.52 and the lowest price hitting 25.14 during the day.
If you're considering investing in Carnival Stock, it is important to understand the factors that can impact its price. Carnival appears to be very steady, given 3 months investment horizon. Carnival secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of risk over the last 3 months. By analyzing Carnival's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please makes use of Carnival's Downside Deviation of 1.48, mean deviation of 1.7, and Risk Adjusted Performance of 0.2136 to double-check if our risk estimates are consistent with your expectations.
At this time, Carnival's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 59.3 B this year, although the value of Common Stock Total Equity will most likely fall to about 277.4 M. . Price Earnings To Growth Ratio is expected to rise to 3.14 this year, although the value of Price To Sales Ratio will most likely fall to 0.96. Carnival Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of July 1987 | 200 Day MA 17.4162 | 50 Day MA 21.581 | Beta 2.668 |
Carnival |
Sharpe Ratio = 0.311
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | CCL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Carnival is performing at about 24% 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 by adding it to a well-diversified portfolio.
Price Book 3.9239 | Enterprise Value Ebitda 10.5925 | Price Sales 1.3781 | Shares Float 1.2 B | Wall Street Target Price 25.1459 |
Carnival Valuation on February 29, 2024
It is possible to determine the worth of Carnival on a given historical date. On February 29, 2024 Carnival was worth 15.52 at the beginning of the trading date compared to the closed value of 15.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carnival stock. Still, in general, we apply an absolute valuation method to find Carnival'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carnival's related companies.
| Open | High | Low | Close | Volume | |
| 15.72 | 16.12 | 15.43 | 15.47 | 28,772,641 | |
02/29/2024 | 15.52 | 15.94 | 15.44 | 15.86 | 34,166,762 |
| 15.90 | 16.11 | 15.65 | 16.00 | 22,562,791 |
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Carnival Trading Date Momentum on February 29, 2024
| On March 01 2024 Carnival was traded for 16.00 at the closing time. Highest Carnival's price during the trading hours was 16.11 and the lowest price during the day was 15.65 . The net volume was 22.6 M. The overall trading history on the 1st of March contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.88% . The overall trading delta to current price is 3.15% . |
Carnival Fundamentals Correlations and Trends
By evaluating Carnival'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'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 Stock history
Carnival 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 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 stock prices may prove useful in developing a viable investing in Carnival
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 837.5 M | |
| Net Loss | -66.6 M | -63.3 M |
Carnival Stock Technical Analysis
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.
Price Boundaries
Carnival Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Carnival cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 November 29, 2024 Market Strength
Market strength 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 undertsting and applying Carnival stock market strength indicators, traders can identify Carnival entry and exit signals to maximize returns
Carnival Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carnival'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 | 0.2136 | |||
| Jensen Alpha | 0.421 | |||
| Total Risk Alpha | 0.2626 | |||
| Sortino Ratio | 0.3309 | |||
| Treynor Ratio | 0.3778 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Hotels, Resorts & Cruise Lines space 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 Carnival. If investors know Carnival 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 Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.599 | Earnings Share 1.17 | Revenue Per Share 19.351 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0425 |
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival'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 Carnival's market value can be influenced by many factors that don't directly affect Carnival'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 Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival'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.