Canaan Inc Stock Overlap Studies Triangular Moving Average
| CAN Stock | USD 2.53 0.46 15.38% |
| Symbol |
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Triangular Moving Average shows Canaan double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
Canaan Technical Analysis Modules
Most technical analysis of Canaan help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canaan from various momentum indicators to cycle indicators. When you analyze Canaan charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Canaan Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canaan Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canaan Inc based on widely used predictive technical indicators. In general, we focus on analyzing Canaan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canaan's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canaan's intrinsic value. In addition to deriving basic predictive indicators for Canaan, we also check how macroeconomic factors affect Canaan price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 0.0273 | 100.8 | 90.72 | 95.25 | PTB Ratio | 1.63 | 0.58 | 1.14 | 1.08 |
Canaan Implied Volatility | 0.22 |
Canaan's implied volatility exposes the market's sentiment of Canaan Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canaan's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canaan stock will not fluctuate a lot when Canaan's options are near their expiration.
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 Canaan 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, Canaan's short interest history, or implied volatility extrapolated from Canaan options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Momentum Invested over 40 shares | |
 | Automobiles and Trucks Invested over 50 shares | |
 | Macroaxis Index Invested few shares | |
 | FinTech Invested over 40 shares | |
 | Adviser Favorites Invested few shares | |
 | Impulse Invested few shares | |
 | Investing Invested few shares | |
 | Trump Equities Invested few shares | |
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.