Comparative Analysis: Carnival Corporation (CCL) vs Riot Blockchain (RIOT)
Compare: Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) 16.50% for CCL vs Day Trader, Popular Stocks: Long Bias Strategy (TA&FA) 6.91% for RIOT
In the unpredictable and fluctuating world of stock market trading, it's vital to understand the complexities of various stocks and how they operate in their respective industries. This article will provide a detailed comparison between two diverse stocks: Carnival Corporation (CCL) and Riot Blockchain (RIOT), through an exploration of various financial aspects including volatility, price growth, and earnings report dates.
Day Trading Volatility: CCL vs RIOT
From a day trading perspective, different trading strategies have been adopted for these two stocks. The Medium Volatility Stocks for Active Trading (TA&FA) strategy, which yielded a return of 16.50%, was employed for CCL. On the other hand, the Popular Stocks: Long Bias Strategy (TA&FA) was utilized for RIOT, resulting in a 6.91% return. Despite having lower returns than CCL, RIOT's strategy focuses on long-term growth, providing a stable foundation for future profits.
Price Growth Comparison
CCL, falling under the Other Consumer Services industry, experienced no price change this past week, trailing behind the industry's average weekly, monthly, and quarterly growth of -2.31%, +0.82%, and +11.66%, respectively.
In contrast, RIOT, classified under the Investment Banks/Brokers industry, demonstrated a significant price change of +11.54% within the same time frame. It exceeded the industry's average weekly growth of +2.39%, contributing to the industry's average monthly and quarterly growth of +3.29% and +27.21% respectively. Evidently, RIOT's performance highlights its potential for robust growth, outshining CCL in the same period.
Upcoming Earnings Reports
On the calendar for earnings reports, CCL is scheduled to report its earnings on September 28, 2023, while RIOT is anticipated to disclose its earnings earlier, on August 21, 2023. Investors and analysts will eagerly be watching these dates to gauge the companies' financial health and future prospects.
Both the stocks operate in different sectors, with CCL in the Other Consumer Services industry, which saw a weekly decline of -2.31%, and RIOT in the Investment Banks/Brokers industry, which posted a weekly growth of +2.39%. The stark difference in the industries' performance outlines the diverse investment environment these two stocks inhabit.
RIOT saw its Momentum Indicator move below the 0 level on September 13, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned negative. In of the 74 cases, the stock moved further down in the following days. The odds of a decline are at .
RIOT moved below its 50-day moving average on August 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for RIOT crossed bearishly below the 50-day moving average on August 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIOT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for RIOT entered a downward trend on September 06, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RIOT's RSI Indicator exited the oversold zone, of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for RIOT just turned positive on September 05, 2023. Looking at past instances where RIOT's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RIOT advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
RIOT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RIOT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.496) is normal, around the industry mean (4.731). P/E Ratio (75.188) is within average values for comparable stocks, (36.059). RIOT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.377). RIOT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.035). P/S Ratio (6.207) is also within normal values, averaging (129.977).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RIOT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a financial conglomerate
|MFs / NAME||Price $||Chg $||Chg %|
|Philotimo Focused Growth and Income|
|American Funds Capital World Gr&Inc 529A|
|Transamerica Small Cap Value I3|
|PGIM Jennison Blend R6|
|Artisan Developing World Investor|
A.I.dvisor indicates that over the last year, RIOT has been closely correlated with MARA. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIOT jumps, then MARA could also see price increases.