Canoo Inc Stock Price History
| GOEV Stock | USD 2.56 0.03 1.19% |
Below is the normalized historical share price chart for Canoo Inc extending back to April 16, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Canoo stands at 2.56, as last reported on the 12th of May 2024, with the highest price reaching 2.59 and the lowest price hitting 2.50 during the day.
If you're considering investing in Canoo Stock, it is important to understand the factors that can impact its price. Canoo appears to be extremely dangerous, given 3 months investment horizon. Canoo Inc secures Sharpe Ratio (or Efficiency) of 0.0192, which signifies that the company had a 0.0192% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canoo Inc, which you can use to evaluate the volatility of the firm. Please makes use of Canoo's Mean Deviation of 7.92, downside deviation of 8.62, and Risk Adjusted Performance of 0.0152 to double-check if our risk estimates are consistent with your expectations.
At this time, Canoo's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 26.3 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 21.6 K in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 182.87 in 2024. Canoo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of August 2017 | 200 Day MA 6.404 | 50 Day MA 2.6906 | Beta 1.263 |
Canoo |
Sharpe Ratio = 0.0192
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | GOEV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Canoo is performing at about 1% of its full potential. 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 by adding it to a well-diversified portfolio.
Price Book 0.6342 | Enterprise Value Ebitda (0.85) | Price Sales 174.6461 | Shares Float 59.7 M | Wall Street Target Price 12.86 |
Canoo Stock Price History Chart
There are several ways to analyze Canoo Stock price data. The simplest method is using a basic Canoo candlestick price chart, which shows Canoo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 21, 2024 | 4.34 |
| Lowest Price | March 14, 2024 | 1.31 |
Canoo May 12, 2024 Stock Price Synopsis
Various analyses of Canoo's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Canoo Stock. It can be used to describe the percentage change in the price of Canoo from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Canoo Stock.| Canoo Price Daily Balance Of Power | 0.33 | |
| Canoo Price Rate Of Daily Change | 1.01 | |
| Canoo Price Action Indicator | 0.03 |
Canoo May 12, 2024 Stock Price Analysis
Canoo Stock Price History Data
The price series of Canoo for the period between Mon, Feb 12, 2024 and Sun, May 12, 2024 has a statistical range of 3.03 with a coefficient of variation of 23.14. Under current investment horizon, the daily prices are spread out with arithmetic mean of 2.78. The median price for the last 90 days is 2.77. The company completed 1:23 stock split on 8th of March 2024.| Open | High | Low | Close | Volume | ||
05/12/2024 | 2.53 | 2.59 | 2.50 | 2.56 | ||
| 05/10/2024 | 2.53 | 2.59 | 2.50 | 2.56 | 2,538,275 | |
| 05/09/2024 | 2.55 | 2.60 | 2.44 | 2.53 | 2,205,845 | |
| 05/08/2024 | 2.52 | 2.58 | 2.45 | 2.54 | 1,840,125 | |
| 05/07/2024 | 2.62 | 2.64 | 2.38 | 2.58 | 3,348,392 | |
| 05/06/2024 | 2.73 | 2.77 | 2.61 | 2.63 | 3,025,530 | |
| 05/03/2024 | 2.81 | 2.89 | 2.75 | 2.77 | 2,044,153 | |
| 05/02/2024 | 2.80 | 2.83 | 2.63 | 2.83 | 2,631,051 | |
| 05/01/2024 | 2.79 | 2.94 | 2.75 | 2.79 | 2,009,123 | |
| 04/30/2024 | 2.80 | 2.90 | 2.69 | 2.88 | 2,028,526 | |
| 04/29/2024 | 2.76 | 2.89 | 2.71 | 2.82 | 1,913,719 | |
| 04/26/2024 | 2.76 | 2.83 | 2.70 | 2.77 | 2,264,561 | |
| 04/25/2024 | 2.89 | 2.99 | 2.68 | 2.70 | 3,748,827 | |
| 04/24/2024 | 3.25 | 3.28 | 2.87 | 2.90 | 3,931,544 | |
| 04/23/2024 | 3.27 | 3.45 | 3.14 | 3.17 | 3,527,732 | |
| 04/22/2024 | 2.88 | 3.41 | 2.68 | 3.40 | 5,980,914 | |
| 04/19/2024 | 3.01 | 3.10 | 2.75 | 2.85 | 3,591,322 | |
| 04/18/2024 | 3.02 | 3.23 | 2.92 | 3.00 | 5,751,046 | |
| 04/17/2024 | 3.07 | 3.49 | 2.84 | 2.86 | 9,042,607 | |
| 04/16/2024 | 2.38 | 3.30 | 2.38 | 2.93 | 14,672,291 | |
| 04/15/2024 | 2.32 | 2.56 | 2.21 | 2.48 | 4,011,510 | |
| 04/12/2024 | 2.21 | 2.40 | 2.07 | 2.40 | 3,655,075 | |
| 04/11/2024 | 2.36 | 2.38 | 2.20 | 2.28 | 2,104,123 | |
| 04/10/2024 | 2.35 | 2.48 | 2.31 | 2.37 | 2,115,176 | |
| 04/09/2024 | 2.46 | 2.55 | 2.33 | 2.42 | 4,546,818 | |
| 04/08/2024 | 2.16 | 2.54 | 2.16 | 2.41 | 7,167,409 | |
| 04/05/2024 | 2.20 | 2.27 | 2.11 | 2.13 | 3,965,478 | |
| 04/04/2024 | 2.53 | 2.64 | 2.20 | 2.24 | 6,156,398 | |
| 04/03/2024 | 2.59 | 2.87 | 2.40 | 2.47 | 8,319,467 | |
| 04/02/2024 | 2.48 | 2.92 | 2.35 | 2.80 | 13,169,222 | |
| 04/01/2024 | 3.71 | 3.93 | 3.42 | 3.87 | 13,408,824 | |
| 03/28/2024 | 3.28 | 3.74 | 3.23 | 3.57 | 10,684,254 | |
| 03/27/2024 | 3.51 | 3.51 | 3.18 | 3.25 | 6,733,896 | |
| 03/26/2024 | 3.88 | 3.89 | 3.22 | 3.44 | 14,342,135 | |
| 03/25/2024 | 4.40 | 4.67 | 3.95 | 4.20 | 11,284,582 | |
| 03/22/2024 | 4.19 | 4.60 | 3.72 | 4.28 | 22,773,755 | |
| 03/21/2024 | 3.88 | 4.81 | 3.70 | 4.34 | 46,372,782 | |
| 03/20/2024 | 2.74 | 3.55 | 2.61 | 3.41 | 23,646,727 | |
| 03/19/2024 | 2.90 | 3.18 | 2.51 | 2.78 | 17,716,761 | |
| 03/18/2024 | 2.34 | 3.88 | 2.20 | 2.90 | 108,228,782 | |
| 03/15/2024 | 1.29 | 2.08 | 1.28 | 1.94 | 29,815,883 | |
| 03/14/2024 | 1.38 | 1.38 | 1.22 | 1.31 | 4,829,065 | |
| 03/13/2024 | 1.36 | 1.47 | 1.31 | 1.36 | 6,355,744 | |
| 03/12/2024 | 1.75 | 1.77 | 1.28 | 1.36 | 13,183,601 | |
| 03/11/2024 | 2.06 | 2.07 | 1.70 | 1.80 | 4,700,421 | |
| 03/08/2024 | 2.27 | 2.47 | 2.13 | 2.13 | 4,300,211 | |
| 03/07/2024 | 0.09 | 2.28 | 2.28 | 2.28 | 6,361,461 | |
| 03/06/2024 | 1.97 | 2.05 | 1.84 | 2.00 | 4,613,221 | |
| 03/05/2024 | 2.22 | 2.28 | 2.17 | 2.19 | 2,494,160 | |
| 03/04/2024 | 2.39 | 2.42 | 2.14 | 2.21 | 4,779,939 | |
| 03/01/2024 | 0.10 | 2.41 | 2.41 | 2.41 | 3,389,327 | |
| 02/29/2024 | 0.11 | 2.42 | 2.42 | 2.42 | 6,173,723 | |
| 02/28/2024 | 0.12 | 2.42 | 2.42 | 2.42 | 4,966,340 | |
| 02/27/2024 | 0.11 | 2.62 | 2.62 | 2.62 | 5,165,293 | |
| 02/26/2024 | 0.12 | 2.42 | 2.42 | 2.42 | 4,635,542 | |
| 02/23/2024 | 0.12 | 2.66 | 2.66 | 2.66 | 3,024,533 | |
| 02/22/2024 | 0.12 | 2.67 | 2.67 | 2.67 | 3,944,512 | |
| 02/21/2024 | 0.13 | 2.88 | 2.88 | 2.88 | 1,720,478 | |
| 02/20/2024 | 0.14 | 2.95 | 2.95 | 2.95 | 4,175,126 | |
| 02/16/2024 | 0.14 | 3.24 | 3.24 | 3.24 | 3,117,978 | |
| 02/15/2024 | 0.14 | 3.35 | 3.35 | 3.35 | 3,133,003 |
About Canoo Stock history
Canoo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Canoo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canoo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Canoo stock prices may prove useful in developing a viable investing in Canoo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.1 M | 26.3 M | |
| Net Loss | -438.9 M | -417 M |
Canoo Stock Technical Analysis
Canoo technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
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Canoo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canoo's price direction in advance. Along with the technical and fundamental analysis of Canoo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canoo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0152 | |||
| Jensen Alpha | 0.0125 | |||
| Total Risk Alpha | (1.40) | |||
| Sortino Ratio | 0.0039 | |||
| Treynor Ratio | 0.0829 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canoo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
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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 (12.19) | Revenue Per Share 0.035 | Return On Assets (0.32) | Return On Equity (1.26) |
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.