Canoo Inc Stock Filter Stocks by Fundamentals
GOEV Stock | USD 3.25 0.19 5.52% |
Canoo Inc fundamentals help investors to digest information that contributes to Canoo's financial success or failures. It also enables traders to predict the movement of Canoo Stock. The fundamental analysis module provides a way to measure Canoo's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canoo stock.
Canoo | Shares Owned by Insiders |
Canoo Shares Owned by Insiders Analysis
2021 | 2022 | 2023 | 2024 (projected) | Other Assets | 15.2M | 93.4M | 107.4M | 112.8M | Accounts Payable | 52.3M | 103.2M | 118.7M | 124.6M |
Canoo Shares Owned by Insiders Driver Correlations
Understanding the fundamental principles of building solid financial models for Canoo is extremely important. It helps to project a fair market value of Canoo Stock properly, considering its historical fundamentals such as Shares Owned by Insiders. Since Canoo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canoo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canoo's interrelated accounts and indicators.
Click cells to compare fundamentals
Competition |
Based on the latest financial disclosure, Canoo Inc has a Shares Owned by Insiders of 0.0null. This indicator is about the same for the Automobiles average (which is currently at 0.0) sector and about the same as Shares Owned by Insiders (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Canoo Institutional Holders
Institutional Holdings refers to the ownership stake in Canoo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canoo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canoo's value.Shares | Ep Wealth Advisors, Inc. | 2023-12-31 | 1000 K | Goldman Sachs Group Inc | 2023-12-31 | 940.1 K | Bank Of America Corp | 2023-12-31 | 730.3 K | Group One Trading, Lp | 2023-12-31 | 675.2 K | Amundi | 2023-12-31 | 323.5 K | Barclays Plc | 2023-12-31 | 311.6 K | Hrt Financial Llc | 2023-12-31 | 305.6 K | Millennium Management Llc | 2023-12-31 | 280.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 224.9 K | Vanguard Group Inc | 2023-12-31 | 26 M | Infini Capital Management Ltd | 2023-09-30 | 16.7 M |
Canoo Fundamentals
Return On Equity | -1.8 | ||||
Return On Asset | -0.37 | ||||
Operating Margin | (93.97) % | ||||
Current Valuation | 306.92 M | ||||
Shares Outstanding | 56.94 M | ||||
Shares Owned By Insiders | 2.72 % | ||||
Shares Owned By Institutions | 12.69 % | ||||
Number Of Shares Shorted | 9.88 M | ||||
Price To Book | 1.18 X | ||||
Price To Sales | 358.74 X | ||||
Revenue | 519 K | ||||
Gross Profit | 1.88 M | ||||
EBITDA | (273.87 M) | ||||
Net Income | (353.81 M) | ||||
Cash And Equivalents | 36.48 M | ||||
Cash Per Share | 0.13 X | ||||
Total Debt | 73.44 M | ||||
Debt To Equity | 0.14 % | ||||
Current Ratio | 0.39 X | ||||
Book Value Per Share | 5.85 X | ||||
Cash Flow From Operations | (262.05 M) | ||||
Short Ratio | 1.94 X | ||||
Earnings Per Share | (16.56) X | ||||
Target Price | 41.42 | ||||
Number Of Employees | 812 | ||||
Beta | 1.18 | ||||
Market Capitalization | 186.36 M | ||||
Total Asset | 496.47 M | ||||
Retained Earnings | (1.18 B) | ||||
Working Capital | (165.96 M) | ||||
Z Score | -4.02 | ||||
Net Asset | 496.47 M |
About Canoo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canoo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canoo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canoo Inc 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.
Please read more on our fundamental analysis page.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 Investors Sentiment
The influence of Canoo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canoo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canoo's public news can be used to forecast risks associated with an investment in Canoo. The trend in average sentiment can be used to explain how an investor holding Canoo can time the market purely based on public headlines and social activities around Canoo Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canoo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canoo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canoo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canoo.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canoo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canoo's short interest history, or implied volatility extrapolated from Canoo options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Canoo Piotroski F Score and Canoo Altman Z Score analysis. Note that the Canoo Inc information on this page should be used as a complementary analysis to other Canoo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Canoo Stock analysis
When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is Canoo's industry 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 Canoo. If investors know Canoo 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 Canoo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (16.56) | Revenue Per Share 0.025 | Return On Assets (0.37) | Return On Equity (1.80) |
The market value of Canoo Inc is measured differently than its book value, which is the value of Canoo that is recorded on the company's balance sheet. Investors also form their own opinion of Canoo's value that differs from its market value or its book value, called intrinsic value, which is Canoo'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 Canoo's market value can be influenced by many factors that don't directly affect Canoo'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 Canoo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canoo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canoo'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.