Canopy Growth Shares Owned By Insiders vs. Shares Owned By Institutions

CGC Stock  USD 3.11  0.17  5.18%   
Considering the key profitability indicators obtained from Canopy Growth's historical financial statements, Canopy Growth Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Canopy Growth's ability to earn profits and add value for shareholders. At present, Canopy Growth's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's EV To Sales is expected to grow to 535.04, whereas Operating Cash Flow Sales Ratio is forecasted to decline to (8.51). At present, Canopy Growth's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Income Quality is expected to grow to 1.09, whereas Operating Income is projected to grow to (6.7 M).
For Canopy Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canopy Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canopy Growth Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canopy Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canopy Growth Corp over time as well as its relative position and ranking within its peers.
  
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Is Pharmaceuticals 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 Canopy Growth. If investors know Canopy 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 Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.02)
Revenue Per Share
3.315
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.04)
Return On Equity
(0.93)
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth'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 Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth'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 Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth'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.

Canopy Growth Corp Shares Owned By Institutions vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Canopy Growth's current stock value. Our valuation model uses many indicators to compare Canopy Growth value to that of its competitors to determine the firm's financial worth.
Canopy Growth Corp is number one stock in shares owned by insiders category among its peers. It also is number one stock in shares owned by institutions category among its peers producing about  51.65  of Shares Owned By Institutions per Shares Owned By Insiders. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canopy Growth's earnings, one of the primary drivers of an investment's value.

Canopy Growth's Earnings Breakdown by Geography

Canopy Shares Owned By Institutions vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Canopy Growth

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
0.17 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Canopy Growth

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
8.78 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Canopy Shares Owned By Institutions Comparison

Canopy Growth is currently under evaluation in shares owned by institutions category among its peers.

Canopy Growth Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Canopy Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canopy Growth will eventually generate negative long term returns. The profitability progress is the general direction of Canopy Growth's change in net profit over the period of time. It can combine multiple indicators of Canopy Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-228.7 M-6.7 M
Income Before Tax-471.4 M-8.9 M
Net Loss-483.7 M-8.9 M
Total Other Income Expense Net-242.6 M-2.2 M
Net Loss-483.7 M-8.9 M
Net Loss-8 M-8.4 M
Interest Income16.2 M30.5 M
Net Interest Income-89.1 M-84.7 M
Change To Netincome3.7 M3.5 M
Net Loss(8.79)(0.30)
Income Quality 0.58  1.09 
Net Income Per E B T 1.39  0.83 

Canopy Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Canopy Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canopy Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canopy Growth's important profitability drivers and their relationship over time.

Use Canopy Growth in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canopy Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canopy Growth will appreciate offsetting losses from the drop in the long position's value.

Canopy Growth Pair Trading

Canopy Growth Corp Pair Trading Analysis

The ability to find closely correlated positions to Canopy Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canopy Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canopy Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canopy Growth Corp to buy it.
The correlation of Canopy Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canopy Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canopy Growth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canopy Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Canopy Growth position

In addition to having Canopy Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Government Funds Thematic Idea Now

Government Funds
Government Funds Theme
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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When determining whether Canopy Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canopy Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canopy Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canopy Growth Corp Stock:
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You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
To fully project Canopy Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canopy Growth Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Canopy Growth's income statement, its balance sheet, and the statement of cash flows.
Potential Canopy Growth investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canopy Growth investors may work on each financial statement separately, they are all related. The changes in Canopy Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canopy Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.