Canoo Inc Price on November 28, 2024
GOEVDelisted Stock | USD 0.16 0.04 33.33% |
If you're considering investing in Canoo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canoo stands at 0.16, as last reported on the 29th of March, with the highest price reaching 0.17 and the lowest price hitting 0.11 during the day. Canoo Inc secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19 % return per unit of risk over the last 3 months. Canoo Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canoo's Risk Adjusted Performance of (0.22), mean deviation of 11.78, and Standard Deviation of 18.26 to double-check the risk estimate we provide.
Canoo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canoo |
Sharpe Ratio = -0.1924
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Estimated Market Risk
24.4 actual daily | 96 96% of assets are less volatile |
Expected Return
-4.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canoo 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 by adding Canoo to a well-diversified portfolio.
Canoo Valuation on November 28, 2024
It is possible to determine the worth of Canoo on a given historical date. On November 28, 2024 Canoo was worth 8.0 at the beginning of the trading date compared to the closed value of 7.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canoo pink sheet. Still, in general, we apply an absolute valuation method to find Canoo's 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canoo's related companies.
Open | High | Low | Close | Volume | |
8.60 | 8.78 | 7.90 | 7.98 | 195,381 | |
11/27/2024 | 8.00 | 8.28 | 7.14 | 7.34 | 406,435 |
7.60 | 7.78 | 7.46 | 7.66 | 155,742 |
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Canoo Trading Date Momentum on November 28, 2024
On November 29 2024 Canoo Inc was traded for 7.66 at the closing time. The top price for the day was 7.78 and the lowest listed price was 7.46 . The trading volume for the day was 155.7 K. The trading history from November 29, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 4.36% . The overall trading delta against the current closing price is 18.26% . |
Canoo Inc Fundamentals Correlations and Trends
By evaluating Canoo's 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's 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 Pink Sheet history
Canoo 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 Inc 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 stock prices may prove useful in developing a viable investing in Canoo
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. Canoo operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 805 people.
Canoo Pink Sheet Technical Analysis
Canoo technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Canoo Period Price Range
Low | March 29, 2025
| High |
0.00 | 0.00 |
Canoo Inc cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 March 29, 2025 Market Strength
Market strength indicators help investors to evaluate how Canoo pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canoo shares will generate the highest return on investment. By undertsting and applying Canoo pink sheet market strength indicators, traders can identify Canoo Inc entry and exit signals to maximize returns
Canoo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canoo's price direction in advance. Along with the technical and fundamental analysis of Canoo Pink Sheet 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.
Risk Adjusted Performance | (0.22) | |||
Jensen Alpha | (4.83) | |||
Total Risk Alpha | (3.65) | |||
Treynor Ratio | 7.86 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Canoo Pink Sheet
If you are still planning to invest in Canoo Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canoo's history and understand the potential risks before investing.
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