Carnival Corporation

10-Year Study

CCL.US · Consumer Cyclical · US · Common Stock

Executive Summary: Carnival Corporation has compounded at -4.3% annually over the last 10 years, with a maximum drawdown of 89.3% and an annualized volatility of 102.6%.

1Y CAGR
+20.0%
3Y CAGR
+35.8%
5Y CAGR
-1.5%
10Y CAGR
-4.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
89.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.11
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.18
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
55.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +130.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -59.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.75.6-18.05.5————————-10.2%
202511.0-13.5-18.4-6.126.621.15.97.1-9.3-0.3-10.618.522.6%
2024-10.6-4.33.0-9.31.824.1-11.0-1.012.019.015.6-2.034.4%
202334.2-1.8-4.4-9.321.967.70.1-16.0-13.3-16.531.423.1130.0%
2022-1.52.6-0.5-14.4-19.8-37.74.74.4-25.728.99.6-18.8-59.9%
2021-13.843.3-0.85.45.7-10.8-17.911.53.6-11.4-20.514.2-7.1%
2020-14.4-22.2-60.620.7-1.04.3-15.518.7-7.9-9.745.78.4-56.9%
201916.81.2-12.28.2-5.8-9.11.5-5.6-0.8-1.96.312.87.4%
20187.9-6.0-2.0-3.8-0.5-8.03.44.63.7-12.18.5-18.2-23.4%
20176.41.75.34.94.42.31.84.7-7.12.8-0.51.130.8%
2016———-7.0-2.0-7.45.73.12.10.65.41.30.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 102.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 60.7% of variance. Idiosyncratic stock-specific factors contribute 7.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019295.057493927765
2016-05-019109.542886981693
2016-06-018434.046112145119
2016-07-018914.90638684194
2016-08-019188.281508990805
2016-09-019384.348044643108
2016-10-019438.169381206299
2016-11-019950.14376190342
2016-12-0110075.94355259822
2017-01-0110718.527843441443
2017-02-0110897.087277667395
2017-03-0111473.586594067085
2017-04-0112030.607093409486
2017-05-0112559.698565847717
2017-06-0112853.744201314332
2017-07-0113090.956758759508
2017-08-0113700.47689517623
2017-09-0112732.299518771382
2017-10-0113091.173430806864
2017-11-0113030.808598413529
2017-12-0113175.718863685113
2018-01-0114215.961363040515
2018-02-0113369.402006816503
2018-03-0113103.632073529825
2018-04-0112600.107902679583
2018-05-0112541.216440208265
2018-06-0111540.408253471625
2018-07-0111929.052904813801
2018-08-0112483.018328288485
2018-09-0112945.873155850037
2018-10-0111376.60418567061
2018-11-0112342.463171168749
2018-12-0110092.605633039886
2019-01-0111787.674393914116
2019-02-0111925.846158512935
2019-03-0110472.28006162153
2019-04-0111327.072955645066
2019-05-0110670.70832259001
2019-06-019703.484303193529
2019-07-019845.231156573722
2019-08-019289.68402715334
2019-09-019211.703757309973
2019-10-019038.907799543687
2019-11-019610.466993263666
2019-12-0110836.289101179345
2020-01-019280.02045384127
2020-02-017216.479209233695
2020-03-012840.440537606684
2020-04-013429.2251590914507
2020-05-013394.7309691524
2020-06-013541.374610802835
2020-07-012993.562673473058
2020-08-013554.3315992347143
2020-09-013273.9579699562537
2020-10-012956.9017630604494
2020-11-014309.195345017734
2020-12-014671.514342606174
2021-01-014026.6549952657156
2021-02-015769.304937739287
2021-03-015724.020479841916
2021-04-016030.264751574663
2021-05-016375.358321398315
2021-06-015685.1928489557495
2021-07-014669.369289337352
2021-08-015206.390958708807
2021-09-015394.028951718968
2021-10-014779.352020575177
2021-11-013800.189371369389
2021-12-014339.377761214403
2022-01-014272.512767400391
2022-02-014384.68388631651
2022-03-014360.958297131045
2022-04-013731.1793242865533
2022-05-012993.562673473058
2022-06-011865.5896621432767
2022-07-011954.013524669196
2022-08-012040.292333926292
2022-09-011516.2059857819802
2022-10-011954.013524669196
2022-11-012141.6515176793555
2022-12-011738.3381687311899
2023-01-012333.6012844318966
2023-02-012290.4618798033484
2023-03-012189.102696050285
2023-04-011986.362661339423
2023-05-012422.025146957816
2023-06-014061.1708524095015
2023-07-014063.3159056783243
2023-08-013411.9780641219254
2023-09-012959.0684835340076
2023-10-012471.6430458023037
2023-11-013248.065660297231
2023-12-013998.617632337869
2024-01-013575.8904679466204
2024-02-013420.6016116066885
2024-03-013524.1275158333096
2024-04-013196.3027081839195
2024-05-013252.3774340396117
2024-06-014037.4452632240364
2024-07-013593.137562916146
2024-08-013558.643372977095
2024-09-013985.6823111107255
2024-10-014744.857830636127
2024-11-015484.619534718445
2024-12-015374.615136275883
2025-01-015967.733198707768
2025-02-015161.1065008114365
2025-03-014212.126267802317
2025-04-013955.4782277093213
2025-05-015007.984364945063
2025-06-016064.78060871845
2025-07-016420.642779295686
2025-08-016877.885800830721
2025-09-016235.171506759084
2025-10-016217.902744584823
2025-11-015560.108076017221
2025-12-016586.721903593939
2026-01-016474.5724518825555
2026-02-016836.003094076836
2026-03-015607.472585569208
2026-04-015917.313613288062
Annual Return Matrix
YearAnnual Return
20170.3076411945844588
2018-0.23399962176962474
20190.0736859731945616
2020-0.5689009125736817
2021-0.07109826857696788
2022-0.5994038167710237
20231.3002530257138938
20240.3441183004871389
20250.2255243839018275
2026-0.10162996101909572
Total Factor Risk
1.0262491371953504
VTI.US Exposure
0.13317115817361289
VEA.US Exposure
0.039987284374168784
VWO.US Exposure
-0.008030570771873895
QQQ.US Exposure
0.11185981940121988
VTV.US Exposure
0.06042579405505635
IJR.US Exposure
0.015008279679099769
QUAL.US Exposure
-0.08818083333286936
SHV.US Exposure
0.6072437744426328
TLT.US Exposure
-0.0061186143657683155
LQD.US Exposure
0.005751553313515152
HYG.US Exposure
-0.009567485221559043
GLD.US Exposure
-0.003388191769361367
USO.US Exposure
0.003129937137911404
VNQ.US Exposure
0.03251618119183175
BTC-USD.CC Exposure
-0.0019637087899377274
CPER.US Exposure
0.003971235657749499
VIX.INDX Exposure
0.012468977260557998
UUP.US Exposure
0.01389269179949424
TIP.US Exposure
-0.0011409265878395006
Idiosyncratic Exposure
0.07896364435235867
Value Score
45.5
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
6.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
102.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →11.3x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.56%
Market Cap$35.5B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$33
Avg Yield on Cost
0.33%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$32.50.33%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-3.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-5.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
19.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
2.48
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Carnival Corporation a high-risk investment?

Carnival Corporation (CCL.US) has an annualized volatility of 102.6% and experienced a maximum drawdown of 89.3% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CCL.US?

Over the past 10 years, CCL.US has generated a Compound Annual Growth Rate (CAGR) of -4.3%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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