Canopy Growth Corp Stock Cycle Indicators Hilbert Transform Dominant Cycle Period

CGC Stock  USD 1.09  0.02  1.80%   
Canopy Growth cycle indicators tool provides the execution environment for running the Hilbert Transform Dominant Cycle Period indicator and other technical functions against Canopy Growth. Canopy Growth value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of cycle indicators indicators. As with most other technical indicators, the Hilbert Transform Dominant Cycle Period indicator function is designed to identify and follow existing trends. Cycle Indicators are used by chartists in order to analyze variations of the instantaneous phase or amplitude of Canopy Growth price series.

Indicator
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The Hilbert Transform - Dominant Cycle Period indicator is used to generate in-phase and quadrature components of Canopy Growth Corp price series in order to analyze variations of the instantaneous cycles.

Canopy Growth Technical Analysis Modules

Most technical analysis of Canopy Growth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canopy from various momentum indicators to cycle indicators. When you analyze Canopy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canopy Growth Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canopy Growth Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canopy Growth Corp based on widely used predictive technical indicators. In general, we focus on analyzing Canopy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canopy Growth's daily price indicators and compare them against related drivers, such as cycle indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canopy Growth's intrinsic value. In addition to deriving basic predictive indicators for Canopy Growth, we also check how macroeconomic factors affect Canopy Growth price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 2026 (projected)
Days Sales Outstanding74.9863.6971.6292.08
PTB Ratio8.491.520.2929.89
Hype
Prediction
LowEstimatedHigh
0.051.099.65
Details
Intrinsic
Valuation
LowRealHigh
0.061.279.83
Details
Naive
Forecast
LowNextHigh
0.021.209.76
Details
10 Analysts
Consensus
LowTargetHigh
1.681.852.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canopy Growth. Your research has to be compared to or analyzed against Canopy Growth's peers to derive any actionable benefits. When done correctly, Canopy Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Canopy Growth Corp.

Canopy Growth Implied Volatility

    
  1.35  
Canopy Growth's implied volatility exposes the market's sentiment of Canopy Growth Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canopy Growth's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canopy Growth stock will not fluctuate a lot when Canopy Growth's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canopy Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canopy Growth's short interest history, or implied volatility extrapolated from Canopy Growth options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 20 shares
Impulse Idea
Impulse
Invested over 200 shares
Blockchain Idea
Blockchain
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Will Pharmaceuticals sector continue expanding? Could Canopy diversify its offerings? Factors like these will boost the valuation of Canopy Growth. Projected growth potential of Canopy fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Canopy Growth data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.96)
Revenue Per Share
1.533
Quarterly Revenue Growth
0.059
Return On Assets
(0.03)
Return On Equity
(0.62)
Investors evaluate Canopy Growth Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Canopy Growth's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Canopy Growth's market price to deviate significantly from intrinsic value.
It's important to distinguish between Canopy Growth's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Canopy Growth should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Canopy Growth's market price signifies the transaction level at which participants voluntarily complete trades.