Canoo Inc Stock Story

GOEV Stock  USD 3.57  0.32  9.85%   
Slightly above 64% of all Canoo's sophisticated investors are looking to take a long position. The analysis of overall sentiment of trading Canoo Inc stock suggests that some investors are interested at this time. Canoo's investor sentiment overview provides quick insight into current market opportunities from investing in Canoo Inc. The current market sentiment, together with Canoo's historical and current headlines, can help investors time the market. In addition, many technical investors use Canoo Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Canoo stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Canoo daily returns and investor perception about the current price of Canoo Inc as well as its diversification or hedging effects on your existing portfolios.
  

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Canoo Latest Timeline

Canoo is listed for 3.57. The company has price-to-book (P/B) ratio of 1.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canoo Inc recorded a loss per share of 16.56. The entity had not issued any dividends in recent years. The firm had 1:23 split on the 8th of March 2024.
When determining whether Canoo Inc is a strong investment it is important to analyze Canoo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canoo's future performance. For an informed investment choice regarding Canoo Stock, refer to the following important reports:
Check out Canoo Hype Analysis, Canoo Correlation and Canoo Performance.
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 Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.
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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.