Carvana is a holding company. Through its subsidiaries, Co. is engaged in the e-commerce platform for buying and selling used cars. On its platform, consumers can research and identify a vehicle, inspect it using Co.'s 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle, and schedule delivery or pick-up, all from their desktop or mobile devices. Alternatively, a customer can obtain a firm provide online for their vehicle by answering a few questions without needing to provide photos or service records. Customers in certain markets also have the option to pick up their vehicle at one of its vending machines. The CVNA average annual return since 2017 is shown above.
The Average Annual Return on the CVNA average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether CVNA average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CVNA average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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