Canoo Holdings Performance
| GOEVWDelisted Stock | USD 0.01 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canoo Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Canoo Holdings is expected to be smaller as well. At this point, Canoo Holdings has a negative expected return of -1.31%. Please make sure to confirm Canoo Holdings' variance and skewness , to decide if Canoo Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Canoo Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in April 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 40 M |
Canoo |
Canoo Holdings Relative Risk vs. Return Landscape
If you would invest 1.79 in Canoo Holdings on December 21, 2024 and sell it today you would lose (1.28) from holding Canoo Holdings or give up 71.51% of portfolio value over 90 days. Canoo Holdings is currently producing negative expected returns and takes up 23.4506% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Canoo, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canoo Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canoo Holdings' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canoo Holdings, and traders can use it to determine the average amount a Canoo Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0557
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| Negative Returns | GOEVW |
Estimated Market Risk
| 23.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canoo Holdings 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 Holdings by adding Canoo Holdings to a well-diversified portfolio.
Canoo Holdings Fundamentals Growth
Canoo Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canoo Holdings, and Canoo Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canoo Pink Sheet performance.
| Return On Equity | -0.73 | |||
| Return On Asset | -0.25 | |||
| Operating Margin | (48.41) % | |||
| Revenue | 886 K | |||
| EBITDA | (282.64 M) | |||
| Cash And Equivalents | 148.84 M | |||
| Cash Per Share | 5.71 X | |||
| Total Debt | 89.99 M | |||
| Debt To Equity | 0.13 % | |||
| Book Value Per Share | 2.44 X | |||
| Cash Flow From Operations | (251.13 M) | |||
| Total Asset | 542 M | |||
| Retained Earnings | (1.48 B) | |||
About Canoo Holdings Performance
Evaluating Canoo Holdings' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Canoo Holdings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canoo Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Canoo Holdings Ltd. designs and manufactures electric vehicles in California. The company founded in 2017 and is based in Torrance, California. Canoo Inc is traded on NASDAQ Exchange in the United States.Things to note about Canoo Holdings performance evaluation
Checking the ongoing alerts about Canoo Holdings for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canoo Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canoo Holdings is not yet fully synchronised with the market data | |
| Canoo Holdings generated a negative expected return over the last 90 days | |
| Canoo Holdings has high historical volatility and very poor performance | |
| Canoo Holdings has some characteristics of a very speculative penny stock | |
| Canoo Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 886 K. Net Loss for the year was (302.02 M) with loss before overhead, payroll, taxes, and interest of (1.62 M). | |
| Canoo Holdings has accumulated about 148.84 M in cash with (251.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Canoo Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canoo Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Canoo Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canoo Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canoo Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canoo Holdings' pink sheet. These opinions can provide insight into Canoo Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
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 real. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Canoo Pink Sheet
If you are still planning to invest in Canoo Holdings 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 Holdings' history and understand the potential risks before investing.
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