Caravelle International Group Stock Price on October 29, 2024
| HTCO Stock | USD 2.41 0.02 0.82% |
If you're considering investing in Caravelle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Caravelle International stands at 2.41, as last reported on the 29th of December, with the highest price reaching 2.53 and the lowest price hitting 2.38 during the day. Caravelle International is abnormally volatile given 3 months investment horizon. Caravelle International secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.11% are justified by taking the suggested risk. Use Caravelle International Mean Deviation of 7.56, downside deviation of 7.65, and Risk Adjusted Performance of 0.2156 to evaluate company specific risk that cannot be diversified away.
As of the 29th of December 2024, Total Stockholder Equity is likely to grow to about (5.9 M). In addition to that, Common Stock Shares Outstanding is likely to drop to about 58 M. Caravelle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Caravelle |
Sharpe Ratio = 0.2645
| Best Portfolio | Best Equity | |||
| Good Returns | HTCO | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.75 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.11 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Caravelle International is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Caravelle International by adding it to a well-diversified portfolio.
Price Book 9.0363 | Enterprise Value Ebitda 4.634 | Price Sales 2.8869 | Shares Float 10 M | Earnings Share (0.11) |
Caravelle International Valuation on October 29, 2024
It is possible to determine the worth of Caravelle International on a given historical date. On October 29, 2024 Caravelle was worth 1.02 at the beginning of the trading date compared to the closed value of 1.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Caravelle International stock. Still, in general, we apply an absolute valuation method to find Caravelle International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Caravelle International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Caravelle International's related companies.
| Open | High | Low | Close | Volume | |
| 1.05 | 1.09 | 1.00 | 1.01 | 159,263 | |
10/29/2024 | 1.02 | 1.18 | 0.85 | 1.02 | 1,616,414 |
| 1.02 | 1.08 | 0.95 | 1.03 | 60,715 |
| Backtest Caravelle International | | | Caravelle International History | | | Caravelle International Valuation | Previous | Next |
Caravelle International Trading Date Momentum on October 29, 2024
| On October 30 2024 Caravelle International Group was traded for 1.03 at the closing time. The top price for the day was 1.08 and the lowest listed price was 0.95 . The trading volume for the day was 60.7 K. The trading history from October 30, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.98% . The overall trading delta against the current closing price is 15.69% . |
Caravelle International Fundamentals Correlations and Trends
By evaluating Caravelle International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Caravelle International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Caravelle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Caravelle International Stock history
Caravelle International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Caravelle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Caravelle International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Caravelle International stock prices may prove useful in developing a viable investing in Caravelle International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 60.7 M | 58 M |
Caravelle International Stock Technical Analysis
Caravelle International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Caravelle International Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Caravelle International Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Caravelle International December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Caravelle International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caravelle International shares will generate the highest return on investment. By undertsting and applying Caravelle International stock market strength indicators, traders can identify Caravelle International Group entry and exit signals to maximize returns
Caravelle International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Caravelle International's price direction in advance. Along with the technical and fundamental analysis of Caravelle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Caravelle to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2156 | |||
| Jensen Alpha | 3.01 | |||
| Total Risk Alpha | 2.69 | |||
| Sortino Ratio | 0.3914 | |||
| Treynor Ratio | 9.2 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Caravelle International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Marine Transportation 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 Caravelle International. If investors know Caravelle 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 Caravelle International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 1.526 | Quarterly Revenue Growth (0.30) | Return On Assets (0.23) | Return On Equity (6.65) |
The market value of Caravelle International is measured differently than its book value, which is the value of Caravelle that is recorded on the company's balance sheet. Investors also form their own opinion of Caravelle International's value that differs from its market value or its book value, called intrinsic value, which is Caravelle International'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 Caravelle International's market value can be influenced by many factors that don't directly affect Caravelle International'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 Caravelle International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caravelle International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caravelle International'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.