Canoo Holdings Alpha and Beta Analysis
| GOEVWDelisted Stock | USD 0.01 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Canoo Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Canoo Holdings over a specified time horizon. Remember, high Canoo Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Canoo Holdings' market risk premium analysis include:
Beta (0.60) | Alpha (0.33) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Canoo |
Canoo Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Canoo Holdings market risk premium is the additional return an investor will receive from holding Canoo Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canoo Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Canoo Holdings' performance over market.| α | -0.33 | β | -0.6 |
Canoo Holdings Fundamentals Vs Peers
Comparing Canoo Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canoo Holdings' direct or indirect competition across all of the common fundamentals between Canoo Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canoo Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canoo Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Canoo Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canoo Holdings to competition |
| Fundamentals | Canoo Holdings | Peer Average |
| Return On Equity | -0.73 | -0.31 |
| Return On Asset | -0.25 | -0.14 |
| Operating Margin | (48.41) % | (5.51) % |
| Number Of Shares Shorted | 42.57 K | 4.71 M |
| Revenue | 886 K | 9.43 B |
| Gross Profit | (1.62 M) | 27.38 B |
| EBITDA | (282.64 M) | 3.9 B |
Canoo Holdings Opportunities
Canoo Holdings Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 912 shares by Hector Ruiz of Canoo Holdings at 0.25 subject to Rule 16b-3 | 11/14/2024 |
2 | Disposition of tradable shares by Kingsbury Arthur F of Canoo Holdings subject to Rule 16b-3 | 12/03/2024 |
3 | Canoo files for bankruptcy, will cease operations immediately - Yahoo Voices | 01/17/2025 |
About Canoo Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Canoo or other delisted stocks. Alpha measures the amount that position in Canoo Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 Canoo Holdings 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, Canoo Holdings' short interest history, or implied volatility extrapolated from Canoo Holdings options trading.
Build Portfolio with Canoo Holdings
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Canoo Stock
If you are still planning to invest in Canoo Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canoo Holdings' history and understand the potential risks before investing.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Transaction History View history of all your transactions and understand their impact on performance |