Carnival Competitors
| CCL Stock | USD 33.99 2.54 8.08% |
Carnival vs Trip Group Correlation
Good diversification
The correlation between Carnival and TCOM is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carnival and TCOM in the same portfolio, assuming nothing else is changed.
Moving together with Carnival Stock
| 0.63 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.67 | CHH | Choice Hotels Intern | PairCorr |
| 0.99 | CUK | Carnival Plc ADS | PairCorr |
Moving against Carnival Stock
At this time, Carnival's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Return On Capital Employed will most likely fall to 0.10. At this time, Carnival's Return On Assets are quite stable compared to the past year.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carnival's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Carnival Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Carnival and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Carnival and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Carnival does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Carnival Stock performing well and Carnival Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Carnival's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EBAY | 1.32 | 0.01 | 0.00 | 0.09 | 1.89 | 2.81 | 11.00 | |||
| YUM | 1.06 | 0.20 | 0.14 | 0.47 | 0.98 | 2.49 | 11.71 | |||
| DHI | 1.63 | 0.04 | 0.03 | 0.11 | 1.59 | 4.74 | 11.16 | |||
| CPRT | 1.02 | (0.13) | 0.00 | (0.22) | 0.00 | 2.22 | 6.69 | |||
| LVS | 1.38 | (0.13) | 0.00 | (0.11) | 0.00 | 2.68 | 17.81 | |||
| LEN | 1.80 | (0.16) | 0.00 | (0.04) | 0.00 | 5.40 | 11.86 | |||
| CMG | 1.50 | 0.26 | 0.16 | 0.30 | 1.44 | 4.22 | 10.79 | |||
| FLUT | 1.92 | (0.74) | 0.00 | (0.33) | 0.00 | 3.01 | 17.33 | |||
| TCOM | 1.61 | (0.33) | 0.00 | (0.26) | 0.00 | 3.57 | 21.80 |
Cross Equities Net Income Analysis
Compare Carnival and related stocks such as eBay Inc, Yum Brands, and DR Horton Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBAY | 900 K | 3.2 B | 2.6 B | 2.9 B | 46 M | 1.7 B | 7.3 B | (1 B) | 2.5 B | 1.8 B | 5.7 B | 13.6 B | (1.3 B) | 2.8 B | 2 B | 2.3 B | 2.1 B |
| YUM | (111 M) | 1.3 B | 1.6 B | 1.1 B | 1.1 B | 1.3 B | 1.6 B | 1.3 B | 1.5 B | 1.3 B | 904 M | 1.6 B | 1.3 B | 1.6 B | 1.5 B | 1.6 B | 1.1 B |
| DHI | 5.8 M | 956.3 M | 462.7 M | 533.5 M | 750.7 M | 886.3 M | 1 B | 1.5 B | 1.6 B | 2.4 B | 4.2 B | 5.9 B | 4.7 B | 4.8 B | 3.6 B | 4.1 B | 4.3 B |
| CPRT | 600 K | 182.1 M | 180 M | 178.7 M | 219.8 M | 270.4 M | 394.2 M | 417.9 M | 591.7 M | 699.9 M | 936.5 M | 1.1 B | 1.2 B | 1.4 B | 1.6 B | 1.8 B | 1.9 B |
| LVS | 16.9 M | 1.3 B | 1.5 B | 2.3 B | 2.8 B | 2 B | 1.7 B | 2.8 B | 2.4 B | 2.7 B | (1.7 B) | (961 M) | (1 B) | 1.2 B | 1.4 B | 1.6 B | 908.3 M |
| LEN | 11.7 M | 679.1 M | 479.7 M | 638.9 M | 802.9 M | 911.8 M | 810.5 M | 1.7 B | 1.8 B | 2.5 B | 4.4 B | 4.6 B | 3.9 B | 3.9 B | 2.1 B | 2.4 B | 2.5 B |
| CMG | (24 M) | 214.9 M | 278 M | 327.4 M | 445.4 M | 475.6 M | 22.9 M | 176.3 M | 176.6 M | 350.2 M | 355.8 M | 653 M | 899.1 M | 1.2 B | 1.5 B | 1.5 B | 1.6 B |
| FLUT | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 183.7 M | 51.8 M | (923 M) | (432 M) | (1.2 B) | 109 M | 98.1 M | 103 M |
| TCOM | (24 M) | 1.1 B | 714.4 M | 998.3 M | 242.7 M | 2.5 B | (1.4 B) | 2.2 B | 1.1 B | 7 B | (3.2 B) | (550 M) | 1.4 B | 9.9 B | 17.1 B | 19.6 B | 20.6 B |
Carnival and related stocks such as eBay Inc, Yum Brands, and DR Horton Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Carnival financial statement analysis. It represents the amount of money remaining after all of Carnival operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Carnival Competitive Analysis
The better you understand Carnival competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Carnival's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Carnival's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Carnival Competition Performance Charts
Five steps to successful analysis of Carnival Competition
Carnival's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Carnival in relation to its competition. Carnival's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Carnival in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Carnival's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Carnival, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Carnival Correlation with its peers. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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. Projected growth potential of Carnival fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Carnival assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.358 | Earnings Share 2.02 | Revenue Per Share | Quarterly Revenue Growth 0.066 | Return On Assets |
Understanding Carnival requires distinguishing between market price and book value, where the latter reflects Carnival's accounting equity. The concept of intrinsic value - what Carnival's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Carnival's price substantially above or below its fundamental value.
It's important to distinguish between Carnival's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Carnival should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Carnival's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.