Carnival Competitors
| CUK Stock | USD 32.81 0.23 0.70% |
Carnival Plc vs Copart Correlation
Good diversification
The correlation between Carnival Plc ADS and CPRT is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carnival Plc ADS and CPRT in the same portfolio, assuming nothing else is changed.
Moving together with Carnival Stock
| 0.67 | WH | Wyndham Hotels Resorts Earnings Call This Week | PairCorr |
| 0.74 | CHH | Choice Hotels Intern Earnings Call This Week | PairCorr |
Moving against Carnival Stock
At this time, Carnival Plc'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 Plc'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 Net Tangible Assets will most likely fall to about 4.4 B.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carnival Plc'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 Plc Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Carnival Plc 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 Plc ADS 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 Plc 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 Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LEN | 1.87 | (0.08) | (0.02) | 0.03 | 2.22 | 5.40 | 11.86 | |||
| EBAY | 1.37 | (0.03) | (0.02) | 0.06 | 2.18 | 2.81 | 11.00 | |||
| YUM | 0.96 | 0.06 | 0.02 | 0.19 | 1.12 | 1.99 | 7.35 | |||
| DHI | 1.76 | 0.09 | 0.07 | 0.16 | 1.60 | 5.72 | 11.16 | |||
| STLA | 2.34 | (0.37) | 0.00 | (1.34) | 0.00 | 4.66 | 30.62 | |||
| TSCO | 1.40 | (0.02) | (0.02) | 0.07 | 2.04 | 3.03 | 11.90 | |||
| VIK | 1.70 | 0.30 | 0.23 | 0.27 | 1.29 | 5.05 | 9.58 | |||
| EXPE | 2.29 | (0.03) | 0.02 | 0.08 | 3.27 | 4.47 | 32.81 | |||
| CPRT | 0.94 | (0.05) | 0.00 | (0.05) | 0.00 | 2.22 | 6.69 |
Cross Equities Net Income Analysis
Compare Carnival Plc ADS and related stocks such as Lennar, eBay Inc, and Yum Brands Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| STLA | 725.3 M | 1.3 B | 348 M | 904 M | 568 M | 334 M | 1.8 B | 3.5 B | 3.6 B | 2.7 B | 29 M | 14.2 B | 16.8 B | 18.6 B | 5.5 B | 6.3 B | 6.6 B |
| TSCO | 6.9 M | 222.7 M | 276.5 M | 328.2 M | 370.9 M | 410.4 M | 437.1 M | 422.6 M | 532.4 M | 562.4 M | 749 M | 997.1 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.2 B |
| VIK | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | (2.1 B) | 398.6 M | (1.9 B) | 152.3 M | 175.2 M | 183.9 M |
| EXPE | 8.9 M | 472.3 M | 280.2 M | 232.8 M | 398.1 M | 764.5 M | 281.8 M | 378 M | 406 M | 565 M | (2.6 B) | 12 M | 352 M | 797 M | 1.2 B | 1.4 B | 1.5 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 |
Carnival Plc ADS and related stocks such as Lennar, eBay Inc, and Yum Brands Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Carnival Plc ADS financial statement analysis. It represents the amount of money remaining after all of Carnival Plc ADS operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Carnival Plc Competitive Analysis
The better you understand Carnival Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Carnival Plc'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 Plc'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 Plc Competition Performance Charts
Five steps to successful analysis of Carnival Plc Competition
Carnival Plc'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 Plc ADS in relation to its competition. Carnival Plc's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Carnival Plc 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 Plc's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Carnival Plc ADS, 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 Plc Correlation with its peers. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 Plc. 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 Plc 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 |
Carnival Plc ADS's market price often diverges from its book value, the accounting figure shown on Carnival's balance sheet. Smart investors calculate Carnival Plc's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Carnival Plc's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Carnival Plc's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Carnival Plc should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Carnival Plc'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.