Sale by David Lazzarato of 38502 shares of Canopy Growth
| WEED Stock | CAD 1.61 0.08 4.73% |
About 62% of Canopy Growth's investor base is looking to short. The analysis of overall sentiment of trading Canopy Growth Corp stock suggests that many investors are alarmed at this time. Canopy Growth's investing sentiment overview a quick insight into current market opportunities from investing in Canopy Growth Corp. Many technical investors use Canopy Growth Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Canopy |
Filed transaction by Canopy Growth Corp director. General open market or private sale of non-derivative or derivative security
Read at macroaxis.com
Cash Flow Correlation
Canopy Growth's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Canopy Growth'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
Canopy Growth Fundamental Analysis
We analyze Canopy Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canopy Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canopy Growth 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.
EBITDA
EBITDA Comparative Analysis
Canopy Growth is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Canopy Growth Corp 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 Canopy Growth stock to make a market-neutral strategy. Peer analysis of Canopy Growth could also be used in its relative valuation, which is a method of valuing Canopy Growth by comparing valuation metrics with similar companies.
Peers
Canopy Growth Related Equities
| CRON | Cronos | 2.12 |
| ||
| AC | Air Canada | 3.61 |
| ||
| ACB | Aurora Cannabis | 6.71 |
| ||
| SHOP | Shopify | 6.90 |
|
Check out Canopy Growth Hype Analysis, Canopy Growth Correlation and Canopy Growth Performance. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.