Carnival Stock Forecast - Naive Prediction
| CCL Stock | USD 30.54 0.28 0.91% |
The Naive Prediction forecasted value of Carnival on the next trading day is expected to be 30.05 with a mean absolute deviation of 0.54 and the sum of the absolute errors of 33.00. Carnival Stock Forecast is based on your current time horizon. Although Carnival's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Carnival's systematic risk associated with finding meaningful patterns of Carnival fundamentals over time.
As of now the relative strength index (rsi) of Carnival's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.343 | EPS Estimate Current Year 2.5284 | EPS Estimate Next Year 2.8206 | Wall Street Target Price 36.8304 | EPS Estimate Current Quarter 0.2453 |
Using Carnival hype-based prediction, you can estimate the value of Carnival from the perspective of Carnival response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Carnival using Carnival's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Carnival using crowd psychology based on the activity and movement of Carnival's stock price.
Carnival Short Interest
An investor who is long Carnival may also wish to track short interest. As short interest increases, investors should be becoming more worried about Carnival and may potentially protect profits, hedge Carnival with its derivative instruments, or be ready for some potential downside.
200 Day MA 26.2068 | Short Percent 0.0397 | Short Ratio 2.15 | Shares Short Prior Month 54.5 M | 50 Day MA 27.6588 |
Carnival Hype to Price Pattern
Investor biases related to Carnival's public news can be used to forecast risks associated with an investment in Carnival. The trend in average sentiment can be used to explain how an investor holding Carnival can time the market purely based on public headlines and social activities around Carnival. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Carnival's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Carnival.
Carnival Implied Volatility | 0.57 |
Carnival's implied volatility exposes the market's sentiment of Carnival stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carnival's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carnival stock will not fluctuate a lot when Carnival's options are near their expiration.
The Naive Prediction forecasted value of Carnival on the next trading day is expected to be 30.05 with a mean absolute deviation of 0.54 and the sum of the absolute errors of 33.00. Carnival after-hype prediction price | USD 30.54 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Carnival to cross-verify your projections. Open Interest Against 2026-03-20 Carnival Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Carnival's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Carnival's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Carnival stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Carnival's open interest, investors have to compare it to Carnival's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Carnival is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Carnival. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Carnival Additional Predictive Modules
Most predictive techniques to examine Carnival price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Carnival using various technical indicators. When you analyze Carnival charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Carnival Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Carnival's financial statements, predicting their influence on future market prices.
Cash | First Reported 1986-11-30 | Previous Quarter 1.8 B | Current Value 1.9 B | Quarterly Volatility 2 B |
Carnival Naive Prediction Price Forecast For the 3rd of January
Given 90 days horizon, the Naive Prediction forecasted value of Carnival on the next trading day is expected to be 30.05 with a mean absolute deviation of 0.54, mean absolute percentage error of 0.47, and the sum of the absolute errors of 33.00.Please note that although there have been many attempts to predict Carnival Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Carnival's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Carnival Stock Forecast Pattern
| Backtest Carnival | Carnival Price Prediction | Buy or Sell Advice |
Carnival Forecasted Value
In the context of forecasting Carnival's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Carnival's downside and upside margins for the forecasting period are 27.22 and 32.88, respectively. We have considered Carnival's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Carnival stock data series using in forecasting. Note that when a statistical model is used to represent Carnival stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.3454 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.541 |
| MAPE | Mean absolute percentage error | 0.0193 |
| SAE | Sum of the absolute errors | 33.0038 |
Predictive Modules for Carnival
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carnival. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Other Forecasting Options for Carnival
For every potential investor in Carnival, whether a beginner or expert, Carnival's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carnival Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carnival. Basic forecasting techniques help filter out the noise by identifying Carnival's price trends.Carnival Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Carnival stock to make a market-neutral strategy. Peer analysis of Carnival could also be used in its relative valuation, which is a method of valuing Carnival by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Carnival Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Carnival's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Carnival's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Carnival Market Strength Events
Market strength indicators help investors to evaluate how Carnival stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carnival shares will generate the highest return on investment. By undertsting and applying Carnival stock market strength indicators, traders can identify Carnival entry and exit signals to maximize returns.
Carnival Risk Indicators
The analysis of Carnival's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Carnival's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carnival stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.94 | |||
| Semi Deviation | 2.6 | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.71 | |||
| Downside Variance | 7.77 | |||
| Semi Variance | 6.76 | |||
| Expected Short fall | (1.98) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of Carnival to cross-verify your projections. For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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. If investors know Carnival will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.343 | Earnings Share 2.02 | Revenue Per Share | Quarterly Revenue Growth 0.066 | Return On Assets |
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carnival's market value can be influenced by many factors that don't directly affect Carnival's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival'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.