Carnival Plc Return On Asset vs. Profit Margin
| C1CL34 Stock | BRL 163.79 0.53 0.32% |
For Carnival Plc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Carnival Plc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Carnival plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Carnival Plc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Carnival plc over time as well as its relative position and ranking within its peers.
Carnival |
Carnival plc Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Carnival Plc's current stock value. Our valuation model uses many indicators to compare Carnival Plc value to that of its competitors to determine the firm's financial worth. Carnival plc is number one stock in return on asset category among its peers. It also is number one stock in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Carnival Plc by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Carnival Plc's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Carnival Profit Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Carnival Plc |
| = | -0.047 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Carnival Plc |
| = | (0.50) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Carnival Profit Margin Comparison
Carnival Plc is currently under evaluation in profit margin category among its peers.
Carnival Plc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Carnival Plc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Carnival Plc will eventually generate negative long term returns. The profitability progress is the general direction of Carnival Plc's change in net profit over the period of time. It can combine multiple indicators of Carnival Plc, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Carnival Plc. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Carnival Plc position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Carnival Plc's important profitability drivers and their relationship over time.
Use Carnival Plc in pair-trading
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 Carnival Plc 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 Carnival Plc will appreciate offsetting losses from the drop in the long position's value.Carnival Plc Pair Trading
Carnival plc Pair Trading Analysis
The ability to find closely correlated positions to Carnival Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival Plc 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 Carnival Plc - 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 Carnival plc to buy it.
The correlation of Carnival Plc 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 Carnival Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival plc 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 Carnival Plc 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.Use Investing Themes to Complement your Carnival Plc position
In addition to having Carnival Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Carnival Stock
To fully project Carnival Plc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Carnival plc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Carnival Plc's income statement, its balance sheet, and the statement of cash flows.