Canoo Holdings Stock Price on November 22, 2024

GOEVW Stock  USD 0.02  0.0003  1.36%   
Below is the normalized historical share price chart for Canoo Holdings extending back to April 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Canoo Holdings stands at 0.02, as last reported on the 25th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
IPO Date
16th of April 2019
Beta
1.29
 
Covid
If you're considering investing in Canoo Stock, it is important to understand the factors that can impact its price. Canoo Holdings secures Sharpe Ratio (or Efficiency) of -0.0753, which signifies that the company had a -0.0753% return per unit of risk over the last 3 months. Canoo Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canoo Holdings' Standard Deviation of 9.78, mean deviation of 7.62, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
At this time, Canoo Holdings' Common Stock is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 26.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 246.8 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 182.87 in 2024. Canoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0753

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Estimated Market Risk

 9.88
  actual daily
87
87% of assets are less volatile

Expected Return

 -0.74
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Canoo Holdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canoo Holdings by adding Canoo Holdings to a well-diversified portfolio.
Book Value
2.445
Shares Float
82.2 M
Market Capitalization
2.3 B
Shares Short Prior Month
37.5 K
Shares Short
36 K

Canoo Holdings Main Headline on 22nd of November 2024

Canoo Announces Adjournment of Annual Meeting Yahoo Finance

Canoo Holdings Valuation on November 22, 2024

It is possible to determine the worth of Canoo Holdings on a given historical date. On November 22, 2024 Canoo was worth 0.0221 at the beginning of the trading date compared to the closed value of 0.0224. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canoo Holdings stock. Still, in general, we apply an absolute valuation method to find Canoo Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Canoo Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canoo Holdings' related companies.
 Open High Low Close Volume
  0.02    0.02    0.02    0.02    71,092  
11/22/2024
  0.02    0.02    0.02    0.02    18,692  
  0.02    0.02    0.02    0.02    0.00  
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Open Value
0.0221
0.0002
Downside
0.0224
Closing Value
29.67
Upside

Canoo Holdings Trading Date Momentum on November 22, 2024

On November 25 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 11/25/2024 did not affect price variability. The overall trading delta to current closing price is 1.34% .

Canoo Holdings Fundamentals Correlations and Trends

By evaluating Canoo Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Canoo Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canoo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Canoo Holdings Stock history

Canoo Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Canoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canoo Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Canoo Holdings stock prices may prove useful in developing a viable investing in Canoo Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.1 M26.3 M
Net Loss-312.1 M-296.5 M

Canoo Holdings Stock Technical Analysis

Canoo Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Canoo Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canoo Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Canoo Holdings Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Canoo Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Canoo Holdings November 25, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canoo Holdings' price direction in advance. Along with the technical and fundamental analysis of Canoo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canoo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.