Carnival Plc Shares Outstanding vs. Cash Per Share
| C1CL34 Stock | BRL 163.26 7.58 4.87% |
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 Cash Per Share vs. Shares Outstanding 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 rated fourth in shares outstanding category among its peers. It is rated below average in cash per share category among its peers . The ratio of Shares Outstanding to Cash Per Share for Carnival plc is about 238,900,729 . 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 Cash Per Share vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Carnival Plc |
| = | 1.3 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Carnival Plc |
| = | 5.44 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Carnival Cash Per Share Comparison
Carnival Plc is rated below average in cash per share 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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Furniture
Companies producing and selling home and office furniture. The Furniture theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.
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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.