Canaan Inc Stock Price Prediction

Intrinsic Valuation Low Real High 0.13 2.64 10.98 Details

Naive Forecast Low Next High 0.04 1.92 10.26 Details

4 Analysts Consensus Low Target High 4.53 4.98 5.53 Details

Earnings Estimates (0) Low Projected EPS High -0.13 -0.05 -0.01 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Canaan. Your research has to be compared to or analyzed against Canaan's peers to derive any actionable benefits. When done correctly, Canaan'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 Canaan Inc.

Canaan After-Hype Price Prediction Density Analysis

Canaan Estimiated After-Hype Price Volatility

Canaan Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
1.33	8.39	0.25	0.57	12 Events / Month	10 Events / Month	In about 12 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
1.97	1.73	12.18	4,416   Notes

Canaan Hype Timeline

On the 25th of November Canaan Inc is traded for 1.97. The entity has historical hype elasticity of -0.25, and average elasticity to hype of competition of 0.57. Canaan is forecasted to decline in value after the next headline, with the price expected to drop to 1.73. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -12.18%, whereas the daily expected return is currently at 1.33%. The volatility of related hype on Canaan is about 1970.81%, with the expected price after the next announcement by competition of 2.54. About 21.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.8. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canaan Inc recorded a loss per share of 1.43. The entity had not issued any dividends in recent years. Considering the 90-day investment horizon the next forecasted press release will be in about 12 days. Check out Canaan Basic Forecasting Models to cross-verify your projections.

Canaan Related Hype Analysis

Canaan Additional Predictive Modules

Most predictive techniques to examine Canaan price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canaan using various technical indicators. When you analyze Canaan 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.

The successful prediction of Canaan stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Canaan Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Canaan based on analysis of Canaan hews, social hype, general headline patterns, and widely used predictive technical indicators.

The number of cover stories for Canaan depends on current market conditions and Canaan's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canaan is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canaan's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Canaan's future price predictability will typically decrease when Canaan's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canaan Inc often depends not only on the future outlook of the potential Canaan's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canaan's indicators that are reflective of the short sentiment are summarized in the table below.

Check out Canaan Basic Forecasting Models to cross-verify your projections. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canaan. If investors know Canaan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canaan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Canaan Inc is measured differently than its book value, which is the value of Canaan that is recorded on the company's balance sheet. Investors also form their own opinion of Canaan's value that differs from its market value or its book value, called intrinsic value, which is Canaan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canaan's market value can be influenced by many factors that don't directly affect Canaan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Canaan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canaan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canaan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.