Canoo Holdings Stock Forecast - Jensen Alpha

GOEVW Stock  USD 0.02  0  5.96%   
Canoo Stock Forecast is based on your current time horizon.
  
At this time, Canoo Holdings' Payables Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0 in 2024, whereas Inventory Turnover is likely to drop 1.95 in 2024. . Common Stock Shares Outstanding is likely to climb to about 26.3 M in 2024, despite the fact that Net Loss is likely to grow to (296.5 M).
Canoo Holdings has current Jensen Alpha of 0.
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Canoo Holdings Trading Date Momentum

On November 22 2024 Canoo Holdings was traded for  0.02  at the closing time. The highest daily price throughout the period was 0.02  and the lowest price was  0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 11/22/2024 did not affect price variability. The overall trading delta to current closing price is 1.36% .
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Other Forecasting Options for Canoo Holdings

For every potential investor in Canoo, whether a beginner or expert, Canoo Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canoo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canoo. Basic forecasting techniques help filter out the noise by identifying Canoo Holdings' price trends.

Canoo Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canoo Holdings stock to make a market-neutral strategy. Peer analysis of Canoo Holdings could also be used in its relative valuation, which is a method of valuing Canoo Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Canoo Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Canoo Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Canoo Holdings' current price.

Canoo Holdings Market Strength Events

Market strength indicators help investors to evaluate how Canoo Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canoo Holdings shares will generate the highest return on investment. By undertsting and applying Canoo Holdings stock market strength indicators, traders can identify Canoo Holdings entry and exit signals to maximize returns.

Canoo Holdings Risk Indicators

The analysis of Canoo Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Canoo Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canoo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Canoo Stock Analysis

When running Canoo Holdings' price analysis, check to measure Canoo Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo Holdings is operating at the current time. Most of Canoo Holdings' value examination focuses on studying past and present price action to predict the probability of Canoo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo Holdings' price. Additionally, you may evaluate how the addition of Canoo Holdings to your portfolios can decrease your overall portfolio volatility.