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CVNA
Stock ticker: NYSE
AS OF
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Price
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Capitalization
3.53B

CVNA Price Prediction, Carvana Co AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for CVNA with price predictions
07:00 PM EST Dec 04, 2023

CVNA in upward trend: price rose above 50-day moving average on December 01, 2023

CVNA moved above its 50-day moving average on December 01, 2023 date and that indicates a change from a downward trend to an upward trend. In of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on CVNA as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CVNA just turned positive on November 03, 2023. Looking at past instances where CVNA's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where CVNA advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for CVNA moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVNA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CVNA broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for CVNA entered a downward trend on November 10, 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.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CVNA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (10.638) is normal, around the industry mean (7.590). P/E Ratio (0.000) is within average values for comparable stocks, (26.205). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.550). CVNA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (0.493) is also within normal values, averaging (85.435).

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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CVNA’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 76, placing this stock worse than average.

A.I. Advisor
published Earnings

CVNA is expected to report earnings to fall 122.93% to -82 cents per share on February 22

Carvana Co CVNA Stock Earnings Reports
Q4'23
Est.
$-0.83
Q3'23
Missed
by $0.02
Q2'23
Beat
by $0.60
Q1'23
Beat
by $0.15
Q4'22
Missed
by $5.49
The last earnings report on November 02 showed earnings per share of $3.60, missing the estimate of $3.62. With 9.51M shares outstanding, the current market capitalization sits at 3.53B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Home Depot (NYSE:HD), Lowe's Companies (NYSE:LOW), AutoZone (NYSE:AZO), Tractor Supply Company (NASDAQ:TSCO), Ulta Beauty (NASDAQ:ULTA), Best Buy Company (NYSE:BBY), Five Below (NASDAQ:FIVE), Bath & Body Works (NYSE:BBWI), RH (NYSE:RH), GameStop Corp (NYSE:GME).

Industry description

The specialty stores sector includes companies dedicated to the sale of retail products focused on a single product category, such as clothing, carpet, books, or office supplies. A specialty store could face intense competition from big-box departmental chains, and therefore offering an adequate collection of the product type it specializes in is key in maintaining/growing its market.

Market Cap

The average market capitalization across the Specialty Stores Industry is 6.79B. The market cap for tickers in the group ranges from 48 to 311.86B. HD holds the highest valuation in this group at 311.86B. The lowest valued company is CALI at 48.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Stores Industry was 1%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 15%. KIRK experienced the highest price growth at 39%, while UCAR experienced the biggest fall at -73%.

Volume

The average weekly volume growth across all stocks in the Specialty Stores Industry was -44%. For the same stocks of the Industry, the average monthly volume growth was -48% and the average quarterly volume growth was -78%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 52
Price Growth Rating: 59
SMR Rating: 67
Profit Risk Rating: 76
Seasonality Score: 13 (-100 ... +100)
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published price charts
A.I. Advisor
published General Information

General Information

a car dealer

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
300 E. Rio Salado Parkway
Phone
+1 602 852-6604
Employees
16600
Web
https://www.carvana.com
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CVNA and

Correlation & Price change

A.I.dvisor indicates that over the last year, CVNA has been loosely correlated with W. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if CVNA jumps, then W could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CVNA
1D Price
Change %
CVNA100%
-3.29%
W - CVNA
65%
Loosely correlated
-4.60%
JMIA - CVNA
63%
Loosely correlated
-1.39%
VRM - CVNA
61%
Loosely correlated
-5.19%
WISH - CVNA
58%
Loosely correlated
-11.04%
ETSY - CVNA
57%
Loosely correlated
-1.61%
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