CCL·Carnival Corporation & plc

Realized volatility (21d)

49.6% 77th pct

Below its peak

-64.4%

vs 200-day average

-6.9%

Up days (1y)

47%

Carnival Corporation & plc is currently running 49.6% annualised volatility over the last 21 sessions. Measured against CCL's own 13 years of daily returns rather than a market-wide average, that is the 77th percentile — elevated for this stock, against a typical reading of 35.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CCL is trading -64.4% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -34.0%, and the deepest was -84.2% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -6.9% from its 200-day moving average. Against every other day in its history, that gap ranks at the 31st percentile — close to the gap it normally carries. Over the past year CCL closed higher on 47% of sessions, and it is currently 1 session into a rising streak.

On October specifically: over 13 years of records, CCL finished the month higher 8 of 13 times, with a median return of +1.2% and an average of +2.0%. Its strongest month historically has been November at +8.0% on average, its weakest March at -6.1%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CCL has opened more than 2% away from the prior close in 196 of 3,268 sessions (6.0% of the time), with the largest gaps running +10.9% and -10.1%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, CCL moved an average of 7.2% in the session after earnings, closing higher 2 of those 3 times, with a median move of +3.3% and a largest of +13.5%.

All figures computed from 3,269 daily closes between 2013-10-07 and 2026-10-06, split-adjusted, recomputed daily. Percentiles are against CCL's own 13-year history, not a peer group or index.