Canopy Growth director Luc Mongeau sells over 12k in company stock By Investing.com - Investing.com
| WEED Stock | CAD 4.07 0.31 7.08% |
About 61% 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.
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Canopy Growth director Luc Mongeau sells over 12k in company stock By Investing.com Investing.com
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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.
Revenue
Revenue Comparative Analysis
Canopy Growth is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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
| RUDB | RBC Discount | 0.96 | ||||
| ALA-PA | Altagas Cum | 0.51 | ||||
| XHB | IShares Canadian | 0.30 | ||||
| XEG | IShares SPTSX | 1.78 | ||||
| HTAE | Harvest Tech | 3.97 |
Check out Canopy Growth Hype Analysis, Canopy Growth Correlation and Canopy Growth Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.