Sale by Hector Ruiz of 745 shares of Canoo
GOEV Stock | USD 0.45 0.03 6.25% |
Slightly above 56% of Canoo's investor base is looking to short. The analysis of overall sentiment of trading Canoo Inc stock suggests that many investors are alarmed at this time. Canoo's investing sentiment can be driven by a variety of factors including economic data, Canoo's earnings reports, geopolitical events, and overall market trends.
Canoo |
Filed transaction by Canoo Inc officer. General open market or private sale of non-derivative or derivative security
Read at macroaxis.com
Cash Flow Correlation
Canoo's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Canoo's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.Click cells to compare fundamentals
Canoo Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Canoo can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Canoo Fundamental Analysis
We analyze Canoo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Canoo is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Canoo Inc Potential Pair-trading
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 stock to make a market-neutral strategy. Peer analysis of Canoo could also be used in its relative valuation, which is a method of valuing Canoo by comparing valuation metrics with similar companies.
Peers
Canoo Related Equities
MULN | Mullen Automotive | 18.52 | ||||
PSNY | Polestar Automotive | 5.77 | ||||
HYZN | Hyzon Motors | 4.91 | ||||
RIVN | Rivian Automotive | 3.19 | ||||
LCID | Lucid | 2.91 |
Additional Tools for Canoo Stock Analysis
When running Canoo's price analysis, check to measure Canoo's 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 is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.