Canoo Holdings Stock Price Prediction
| GOEVW Stock | USD 0.02 0 5.96% |
Oversold Vs Overbought
32
Oversold | Overbought |
Quarterly Revenue Growth 0.717 |
Using Canoo Holdings hype-based prediction, you can estimate the value of Canoo Holdings from the perspective of Canoo Holdings response to recently generated media hype and the effects of current headlines on its competitors.
Canoo Holdings Hype to Price Pattern
Investor biases related to Canoo Holdings' public news can be used to forecast risks associated with an investment in Canoo. The trend in average sentiment can be used to explain how an investor holding Canoo can time the market purely based on public headlines and social activities around Canoo Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Canoo Holdings' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Canoo Holdings.
The fear of missing out, i.e., FOMO, can cause potential investors in Canoo Holdings to buy its stock at a price that has no basis in reality. In that case, they are not buying Canoo because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Canoo Holdings after-hype prediction price | USD 0.02 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Canoo |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canoo Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Canoo Holdings After-Hype Price Prediction Density Analysis
As far as predicting the price of Canoo Holdings at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Canoo Holdings or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Canoo Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canoo Holdings Estimiated After-Hype Price Volatility
In the context of predicting Canoo Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canoo Holdings' historical news coverage. Canoo Holdings' after-hype downside and upside margins for the prediction period are 0.00 and 9.91, respectively. We have considered Canoo Holdings' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Canoo Holdings is out of control at this time. Analysis and calculation of next after-hype price of Canoo Holdings is based on 3 months time horizon.
Canoo Holdings Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Canoo Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canoo Holdings backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Canoo Holdings, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.75 | 9.96 | 0.00 | 0.06 | 3 Events / Month | 2 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.02 | 0.02 | 9.50 |
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Canoo Holdings Hype Timeline
Canoo Holdings is currently traded for 0.02. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.06. Canoo is anticipated to decline in value after the next headline, with the price expected to drop to 0.02. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -9.5%, whereas the daily expected return is currently at -0.75%. The volatility of related hype on Canoo Holdings is about 13174.6%, with the expected price after the next announcement by competition of -0.04. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next anticipated press release will be in about 3 days. Check out Canoo Holdings Basic Forecasting Models to cross-verify your projections.Canoo Holdings Related Hype Analysis
Having access to credible news sources related to Canoo Holdings' direct competition is more important than ever and may enhance your ability to predict Canoo Holdings' future price movements. Getting to know how Canoo Holdings' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Canoo Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BFIIW | BurgerFi International LLC | 0.02 | 4 per month | 18.67 | 0.09 | 59.08 | (25.71) | 143.25 | |
| BTWNW | Bridgetown Holdings | (0.02) | 1 per month | 5.37 | 0.08 | 15.00 | (9.09) | 135.30 | |
| EVGOW | EVgo Equity Warrants | (0.39) | 2 per month | 7.58 | 0.15 | 27.94 | (14.29) | 187.32 | |
| GOEV | Canoo Inc | 0.01 | 9 per month | 0.00 | (0.14) | 9.18 | (16.22) | 48.91 | |
| PSFE-WT | Paysafe Ltd Wt | 0.00 | 0 per month | 9.47 | 0.08 | 18.72 | (17.52) | 89.11 |
Canoo Holdings Additional Predictive Modules
Most predictive techniques to examine Canoo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canoo using various technical indicators. When you analyze Canoo 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.| Cycle Indicators | ||
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| Volume Indicators |
About Canoo Holdings Predictive Indicators
The successful prediction of Canoo Holdings 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 Canoo Holdings, 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 Canoo Holdings based on analysis of Canoo Holdings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canoo Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canoo Holdings's related companies. | 2023 | 2024 (projected) | Graham Number | 51.98 | 49.38 | Receivables Turnover | 0.0754 | 0.067 |
Story Coverage note for Canoo Holdings
The number of cover stories for Canoo Holdings depends on current market conditions and Canoo Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canoo Holdings 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 Canoo Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Canoo Holdings Short Properties
Canoo Holdings' future price predictability will typically decrease when Canoo Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canoo Holdings often depends not only on the future outlook of the potential Canoo Holdings' 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. Canoo Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.1 M | |
| Cash And Short Term Investments | 10.3 M |
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.