Caravelle International Group Stock Target Price
| CACODelisted Stock | 0.44 0.05 10.20% |
Caravelle International Group fundamentals help investors to digest information that contributes to Caravelle International's financial success or failures. It also enables traders to predict the movement of Caravelle Stock. The fundamental analysis module provides a way to measure Caravelle International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Caravelle International stock.
Caravelle |
Caravelle Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Caravelle International's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Caravelle International could also be used in its relative valuation, which is a method of valuing Caravelle International by comparing valuation metrics of similar companies.Caravelle International is currently under evaluation in target price category among its peers.
Caravelle Fundamentals
| Return On Equity | -11.43 | |||
| Return On Asset | -0.44 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.34) % | |||
| Current Valuation | 28.29 M | |||
| Shares Outstanding | 56.09 M | |||
| Shares Owned By Insiders | 76.31 % | |||
| Shares Owned By Institutions | 0.43 % | |||
| Number Of Shares Shorted | 51.81 K | |||
| Price To Book | 9.04 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 185.35 M | |||
| Gross Profit | 26.85 M | |||
| EBITDA | 23.75 M | |||
| Net Income | 23.6 M | |||
| Total Debt | 5.62 M | |||
| Book Value Per Share | (0.10) X | |||
| Cash Flow From Operations | 33.13 M | |||
| Short Ratio | 0.99 X | |||
| Earnings Per Share | (0.18) X | |||
| Number Of Employees | 31 | |||
| Beta | 0.09 | |||
| Market Capitalization | 24.69 M | |||
| Total Asset | 35.57 M | |||
| Retained Earnings | 4.38 M | |||
| Working Capital | (7.34 M) | |||
| Net Asset | 35.57 M |
About Caravelle International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Caravelle International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caravelle International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caravelle International Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Caravelle International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caravelle International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caravelle International will appreciate offsetting losses from the drop in the long position's value.Moving against Caravelle Stock
| 0.72 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.68 | CAT | Caterpillar Sell-off Trend | PairCorr |
| 0.64 | CSCO | Cisco Systems | PairCorr |
| 0.63 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
The ability to find closely correlated positions to Caravelle International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caravelle International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caravelle International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caravelle International Group to buy it.
The correlation of Caravelle International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caravelle International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Caravelle Stock
If you are still planning to invest in Caravelle International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Caravelle International's history and understand the potential risks before investing.
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