Canaan Ownership
| CAN Stock | USD 1.82 0.02 1.11% |
Shares in Circulation | First Issued 2018-12-31 | Previous Quarter 274.5 M | Current Value 277.5 M | Avarage Shares Outstanding 182.6 M | Quarterly Volatility 40.5 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Canaan |
Canaan Stock Ownership Analysis
About 21.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.64. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canaan Inc recorded a loss per share of 1.43. The entity had not issued any dividends in recent years. Canaan Inc. engages in the research, design, and sale of integrated circuit final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the Peoples Republic of China. Canaan Inc. was founded in 2013 and is based in Beijing, the Peoples Republic of China. Canaan Inc operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 346 people. For more info on Canaan Inc please contact Nangeng Zhang at 65 6305 6618 or go to https://investor.canaan-creative.com.Besides selling stocks to institutional investors, Canaan also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Canaan's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Canaan's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Canaan Quarterly Liabilities And Stockholders Equity |
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Canaan Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canaan is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canaan Inc backward and forwards among themselves. Canaan's institutional investor refers to the entity that pools money to purchase Canaan's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2024-06-30 | 1.1 M | Prime Capital Investment Advisors, Llc | 2024-09-30 | 914.4 K | Citadel Advisors Llc | 2024-09-30 | 894.3 K | Goldman Sachs Group Inc | 2024-06-30 | 803.3 K | Two Sigma Advisers, Llc | 2024-06-30 | 779.7 K | Jane Street Group Llc | 2024-06-30 | 679.7 K | Millennium Management Llc | 2024-06-30 | 668.8 K | Quadrature Capital Llp | 2024-09-30 | 545 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 467.2 K | Van Eck Associates Corporation | 2024-06-30 | 9.8 M | State Street Corp | 2024-06-30 | 9.1 M |
Canaan Outstanding Bonds
Canaan issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Canaan Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Canaan bonds can be classified according to their maturity, which is the date when Canaan Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Canaan
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 Canaan 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 Canaan will appreciate offsetting losses from the drop in the long position's value.Moving together with Canaan Stock
Moving against Canaan Stock
| 0.8 | MCHP | Microchip Technology | PairCorr |
| 0.76 | TER | Teradyne | PairCorr |
| 0.75 | AMKR | Amkor Technology | PairCorr |
| 0.72 | ARW | Arrow Electronics | PairCorr |
| 0.44 | LGMK | LogicMark | PairCorr |
The ability to find closely correlated positions to Canaan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canaan 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 Canaan - 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 Canaan Inc to buy it.
The correlation of Canaan 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 Canaan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canaan Inc 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 Canaan 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canaan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Semiconductors & Semiconductor Equipment 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 Canaan. If investors know Canaan 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 Canaan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (1.43) | Revenue Per Share 0.867 | Quarterly Revenue Growth (0.03) | Return On Assets (0.36) |
The market value of Canaan Inc is measured differently than its book value, which is the value of Canaan that is recorded on the company's balance sheet. Investors also form their own opinion of Canaan's value that differs from its market value or its book value, called intrinsic value, which is Canaan'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 Canaan's market value can be influenced by many factors that don't directly affect Canaan'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 Canaan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canaan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canaan'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.