The… Explore strong past performing companies in the Pharmaceuticals & Biotech industry. How has Cann Group performed over the past 5 years? They combined time series analysis with information from Google Trends and the Yahoo Finance websites to forecast stock prices. Since then, CAN shares have increased by 16.6% and is now trading at $4.56. Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 89.8%. Frontier Communications stock price forecast* for tomorrow, and next weeks based on the last 30 days. Significantly Below Fair Value: CAN is trading below fair value by more than 20%. However, trying to make stock market forecast is useless anyway, as no stock can be possibly be a better deal than another. Price at the end 286, change for September 5.15%. Create FREE account to see full CAN report. No need to calculate the sustainability of CAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. Growing Profit Margin: CAN is currently unprofitable. One Forecaster Is Now More Bearish On Cann Group Limited (ASX:CAN) Than They Used To Be, Here's Why Cann Group (ASX:CAN) Can Afford Some Debt. Earnings vs Industry: CAN is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (44.2%). The forecast for beginning of September 272. Over the past year the S&P 500 has risen 11.67% while CAN is lower by -78.09%. Stable Share Price: CAN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 18% a week. Further to my recent post (see The ABCs of financial planning), I promised that I would write about how to forecast stock prices. Stable Dividend: Insufficient data to determine if CAN's dividends per share have been stable in the past. /* sc-component-id: styled__MobileFooterMenuItem-sc-1ma10rv-1 */ In the past, the price will move at least 10% above the recent low once it hits new high. QQQ 331.36. How is Cann Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst? Both of them are efficient and everybody in the market has perfect information available to them. Learn more here. We must set up a loop that begins in day 1 and ends at day 1,000. The current NVIDIA Corp [] share price is $543.64. Who this matters to: Overall Ranking is a comprehensive evaluation. , but has since raised additional capital. The forecast for beginning of December 313. As of 2021 February 10, Wednesday current price of TOPS stock is 2.310$ and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception).. Top Ships Inc has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. The forecast for beginning of October 286. CAN underperformed the Australian Market which returned 0.3% over the past year. has increased from 14% to 19% over the past year. A $0.205 dividend will be paid to shareholders of record as of 02/08/21. How has Cann Group's share price performed over time and what events caused price changes? Cann Group Limited engages in research and development, cultivation and production, manufacturing, clinical evaluation, processing, packaging, and distribution and supply of medicinal cannabis for various diseases and medical conditions in Australia. What is Cann Group current dividend yield, its reliability and sustainability? (-27.73%), as it is currently unprofitable. .cXOQER{position:fixed;top:200%;-webkit-transition:top 0.2s ease 0s;transition:top 0.2s ease 0s;left:0;width:100%;height:100%;background:#262E3A;color:black;} Averaged Facebook stock price for month 283. It seems to be getting ahead of itself and I … Facebook stock price predictions for October 2021. Price/Cash Flow: Latest closing price divided by the last 12 months revenue/cash flow per share. Unable to evaluate CAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. Insufficient data to determine if CAN's debt to equity ratio has reduced over the past 5 years. About the Top Ships Inc stock forecast. Cann Group Limited engages in research and development, cultivation and production, manufacturing, clinical evaluation, processing, packaging, and distribution and supply of medicinal cannabis for various diseases and medical conditions in Australia. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). /* sc-component-id: sc-jvEmr */ It derives a vast majority of the revenue from China. We aim to predict the daily adjusted closing prices of Vanguard Total Stock Market ETF (VTI), using data from the previous N days (ie. Unless specified all financial data is based on a yearly period but updated quarterly. CAN is forecast to be unprofitable in 3 years. /* sc-component-id: sc-kVrTmx */ CAN is unprofitable, so we can't compare its. Explore potentially undervalued companies in the Pharmaceuticals & Biotech industry. Get Our PREMIUM Forecast Now, from ONLY $7.49! Earnings vs Market: CAN is forecast to remain unprofitable over the next 3 years. Researching Can B (NASDAQ:CANB) stock? This supports the view that a range of variables from across the economy can help predict future stock returns. CAN is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year. Find real-time AMZN - Amazon.com Inc stock quotes, company profile, news and forecasts from CNN Business. Looking at the common fallacies about stock markets, we can see two major groups. Future ROE: CAN is forecast to be unprofitable in 3 years. Ripple Price Prediction 2022 – 2023. How experienced are the management team and are they aligned to shareholders interests? Gold Price Forecast: US Dollar Drop Lifts Gold - Topside Levels in Focus 2021-02-11 12:00:00 Gold, Silver Forecast: Real Rates, Weak USD May Underpin XAU, XAG .kOEbEZ{padding-left:32px;padding-right:32px;margin-bottom:64px;} Notable Dividend: Unable to evaluate CAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. Work resumes on disputed Russian-German undersea pipeline. Insufficient data to determine if CAN's dividend payments have been increasing. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. (1.8x) compared to the AU Pharmaceuticals industry average (3.9x). View CANB's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. The price is 0% to new high. CAN's revenue (47.9% per year) is forecast to grow faster than 20% per year. Long Term Liabilities: CAN's short term assets (A$12.5M) exceed its long term liabilities (A$8.8M). forecast horizon=1). Future Dividend Coverage: No need to calculate the sustainability of CAN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market. CAN is unprofitable, so we can't compare its. These overly bullish Uber share price forecasts from institutional players can either be taken as a contrarian signal or as supporting evidence for taking a bullish stance on the stock. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. Growing Dividend: Insufficient data to determine if CAN's dividend payments have been increasing. Forecast Cash Runway: CAN is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital. AAPL Regular Dividend: AAPL began trading ex-dividend on 02/05/21. /* sc-component-id: sc-keFjpB */ PE vs Market: CAN is unprofitable, so we can't compare its PE Ratio to the Australian market. CAN is forecast to have sufficient cash runway for 0 months based on free cash flow. In 2020, Gene Munster, who correctly predicted that Apple’s market capitalization would rise … Debt Level: CAN's debt to equity ratio (13.4%) is considered satisfactory. All Rights Reserved. First, let me outline my analytical framework. to determine if its dividend payments are covered by earnings. .igsbYB{border-bottom:1px solid rgba(255,255,255,0.1);} CAN is forecast to remain unprofitable over the next 3 years. Earnings Trend: CAN is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year. DOW 31,148.24. Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year. CANB | Complete Can B Corp. stock news by MarketWatch. - Try Now Risk-Free - Money-back guarantee! Canaan's stock was trading at $3.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. .bfcqnA{font-weight:normal;font-size:1.6rem;line-height:1.5;color:rgba(255,255,255,0.5);border-bottom:1px solid rgba(255,255,255,0.1);padding:10px 0;margin-top:24px;} @media (min-width:1024px){.bfcqnA{font-size:1.8rem;}} .bfcqnA:first-child{margin-top:0;} The polarization is best visible in its stock price forecast for 2021. View CANB's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. Experienced Management: CAN's management team is not considered Stable Share Price: CAN is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 19% a week. Free independent share market investing advice from The Motley Fool. Chief Compliance Officer & Company Secretary. Over the next 52 weeks, BYD Co Ltd has on average historically risen by 62.1 % based on the past 12 years of stock performance. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Over the next 52 weeks, NVIDIA Corp has on average historically risen by 53 % based on the past 21 years of stock performance. ; BYD Co Ltd has risen higher in 7 of those 12 years over the subsequent 52 week period, corresponding to a historical probability of 58.33 % ; Is BYD Co Ltd Stock Undervalued? This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. .fwumGh{color:inherit;-webkit-text-decoration:none;text-decoration:none;} Peter's compensation has been consistent with company performance over the past year. View real-time stock prices and stock quotes for a full financial overview. Portfolio results are unaudited and based on varying investment expiration dates. CAN lost -$0.72 per share in the over the last 12 months. Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. Our stock price predictions cover a period of 3 months. PB vs Industry: CAN is good value based on its PB Ratio (1.8x) compared to the AU Pharmaceuticals industry average (3.9x). Mr. Crock is an experienced public company senior manager with strong skills in marketing an... Show more. We cover the US equity market. /* sc-component-id: sc-bhlBdH */ Stock Price data may be delayed up to 15 minutes. CAN's revenue (47.9% per year) is forecast to grow faster than the Australian market (5.5% per year). The forecast for beginning of November 324. .ksQLEu{position:relative;-webkit-transition:0.1s background-color,0.4s color,padding 0.4s;transition:0.1s background-color,0.4s color,padding 0.4s;border:0;border-radius:2px;line-height:1;overflow:hidden;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;vertical-align:top;font-size:1.6rem;padding: 0 16px;height:40px;color:white;display:inline-block;width:auto;box-shadow:0 0 0 0 rgba(0,0,0,0);background-color:#0D6EF1;-webkit-text-decoration:none;text-decoration:none;width:40px;background:transparent;box-shadow:none;position:absolute;top:16px;right:16px;z-index:1;} .ksQLEu:focus,.ksQLEu:hover{background-color:rgb(12,99,217);} .ksQLEu:disabled{cursor:auto;background-color:#efefef;color:#999999;box-shadow:none;opacity:1;} .ksQLEu > svg{position:absolute;left:8px;top:8px;width:24px;height:24px;} .ksQLEu > svg > *{fill:black;} .ksQLEu:disabled > svg > *{opacity:0.3;fill:black;} .ksQLEu:focus,.ksQLEu:hover,.ksQLEu:active,.ksQLEu:disabled{background:transparent;box-shadow:none;} .ksQLEu svg{top:8px;left:8px;width:24px;height:24px;} .ksQLEu svg > *{fill:#FFFFFF;} Unable to compare CAN's earnings growth over the past year to its 5-year average as it is currently unprofitable. High Growth Revenue: CAN's revenue (47.9% per year) is forecast to grow faster than 20% per year. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. Return vs Market: CAN underperformed the Australian Market which returned 0.3% over the past year. Click Here to get the full Stock Score Report on Canaan Inc (CAN) Stock. SPY price fluctuates within 1.25% (three month std-dev: 0.84% one year average std_dev: 0%) daily (68% of days). Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. It considers technical and fundamental factors and is a good starting point for evaluating a stock. Earnings vs Savings Rate: CAN is forecast to remain unprofitable over the next 3 years. Yes Bank YESBANK share price forecast & targets for mid-term is a downtrend, and nearest possible share price target is 15 or 12.20 Yes Bank is currently trading at 16.65 However, if the trend reverses from this point, then a possible future share price target could be 18 or 20.75 Finally, we can generate values for our price list. /* sc-component-id: sc-ekkqgF */ We can simply write down the formula for the expected stock price on day T in Pythonic. Maximum value 349, while minimum 309. A true breakout could take XRP price back to $3 or beyond. Get today’s CAN share price, latest stock chart and CAN company news. to the XO Pharmaceuticals industry average. ( 0.8 years average tenure), which suggests a new team. The equipment manufactured by Canaan is sold to many countries including China, the United States, Hong Kong, and other foreign countries. CAN is up $0.07 from the previous closing price of $1.90 on volume of 1,213,507 shares. Volatility Over Time : CAN's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks. From our daily lives it is obvious that this does not truly reflect reality. /* sc-component-id: sc-jWojfa */ Maximum value 332, while minimum 294. Unable to evaluate CAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. Short Term Liabilities: CAN's short term assets (A$12.5M) exceed its short term liabilities (A$6.5M). What Type Of Returns Would Cann Group's(ASX:CAN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago? Learn more. High ROE: CAN has a negative Return on Equity (-27.73%), as it is currently unprofitable. Explore growth companies in the Pharmaceuticals & Biotech industry. .iCokZf{position:relative;-webkit-transition:0.1s background-color,0.4s color,padding 0.4s;transition:0.1s background-color,0.4s color,padding 0.4s;border:0;border-radius:2px;font-size:inherit;padding:0;color:inherit;display:inline-block;width:auto;background-color:transparent;-webkit-text-decoration:underline;text-decoration:underline;-webkit-text-decoration:none;text-decoration:none;font-weight:normal;font-size:1.6rem;line-height:1.5;color:#FFFFFF;display:block;position:relative;padding:11px 16px;} .iCokZf:focus,.iCokZf:hover{background-color:transparent;} .iCokZf:disabled{cursor:auto;background-color:transparent;color:inherit;box-shadow:none;opacity:0.2;} @media (min-width:1024px){.iCokZf{font-size:1.8rem;}}experienced ( 0.8 years average tenure), which suggests a new team. Now it's -2.2% away from the target price of 390.52. Experienced Board: CAN's board of directors are considered experienced (4.8 years average tenure). .cdqhsV{color:inherit;-webkit-text-decoration:none;text-decoration:none;font-weight:normal;font-size:1.6rem;line-height:1.5;color:#FFFFFF;display:block;position:relative;padding:11px 16px;} @media (min-width:1024px){.cdqhsV{font-size:1.8rem;}} The first group is connected to the classical economic theory, which claims that markets are 100% efficient, and as such unpredictable. Accelerating Growth: Unable to compare CAN's earnings growth over the past year to its 5-year average as it is currently unprofitable. Is Cann Group undervalued compared to its fair value and its price relative to the market? Terms of Service | Privacy Policy. - Try Now Risk-Free - Money-back guarantee! Ethereum has already claimed a new all-time high in 2021, and sky is now the limit it seems. .cqZpCO{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap;-webkit-box-pack:left;-webkit-justify-content:left;-ms-flex-pack:left;justify-content:left;position:fixed;left:0;bottom:0;height:calc(56px + 0px);-webkit-transition:height 0.2s cubic-bezier(0.17,0.46,0.64,0.91);transition:height 0.2s cubic-bezier(0.17,0.46,0.64,0.91);width:100vw;background:#262E3A;border-top:1px solid rgba(255,255,255,0.1);z-index:9999;} @media (max-width:575px){} @media (min-width:576px){} @media (max-width:767px){} @media (min-width:768px){} @media (max-width:1023px){} @media (min-width:1024px){} @media (max-width:1199px){} @media (min-width:1200px){} @media (min-width:1024px){.cqZpCO{display:none;}} What this means: Canaan Inc ADR (CAN) gets an Overall Rank of 65, which is an above average rank under InvestorsObserver's stock ranking system. Insufficient data to determine if CAN's dividends per share have been stable in the past. Mr. Peter Crock, B.Ag.Sci (Hons), MBA has been Chief Executive Officer at Cann Group Limited since May 23, 2016. The Best Time of the Year to Buy Gold & Silver in 2021 Is... Silver 2021 Price Predictions and 5-Year Forecast; 2021 Gold Price Prediction, Trends, and 5-Year Forecast CAN is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (44.2%). Cann Group Limited's company bio, employee growth, exchange listings and data sources, Cann Group Limited engages in research and development, cultivation and production, manufacturing, clinical evaluation, processing, packaging, and distribution and supply of medicinal cannabis for various ... Show more. /* sc-component-id: redux-first-routerexport__RouterLink-lw8ajh-0 */ {‘test_score’: 0.9481024935723803, ‘forecast_set’: array([786.54352516, 788.13020371, 781.84159626, 779.65508615, 769.04187979])} So this is how we can predict the stock prices with Machine Learning. But given the bearish situation with the SEC, XRP could fall to below ten cents. Price at the end 313, change for November -3.4%. CAN's short term assets (A$12.5M) exceed its. Mr. Crock is an experienced public company senior manager with strong skills in marketing an. Reducing Debt: Insufficient data to determine if CAN's debt to equity ratio has reduced over the past 5 years. Get Our PREMIUM Forecast Now, from ONLY $7.49! Quality Earnings: CAN is currently unprofitable. CAN is trading below fair value by more than 20%. How volatile is Cann Group's share price compared to the market and industry in the last 5 years? We use big data and artificial intelligence to forecast stock prices. It can often be more profitable to wait for a share price to pull back from 52-week highs, but in this case, do analysts rate Walmart stock a buy or sell? S&P 500 3,886.83. Maximum value 318, while minimum 282. Who are the major shareholders and have insiders been buying or selling? Microsoft stock price predictions for December 2022. NVIDIA Corp Stock Forecast. CAN's 65 means that it ranks higher than 65% of stocks. Thinking about buying or selling stock in CAN? High Dividend: Unable to evaluate CAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. Compensation vs Market: Peter's total compensation ($USD381.80K) is about average for companies of similar size in the Australian market ($USD499.29K). CAN underperformed the Australian Pharmaceuticals industry which returned -5.7% over the past year. There is still risk of a double top pattern if a severe correction happens at current levels, but a breakout higher is due any day. Its product includes Kanzhi Al and Avalon Mining Machine. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. Below Fair Value: CAN (A$0.77) is trading below our estimate of fair value (A$4.99). .eJFwGd{-webkit-box-flex:1;-webkit-flex-grow:1;-ms-flex-positive:1;flex-grow:1;-webkit-flex-basis:0;-ms-flex-preferred-size:0;flex-basis:0;position:relative;width:100%;min-height:0px;max-width:100%;-webkit-flex:0 0 16.666666666666664%;-ms-flex:0 0 16.666666666666664%;flex:0 0 16.666666666666664%;max-width:16.666666666666664%;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-flex-direction:column !important;-ms-flex-direction:column !important;flex-direction:column !important;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;font-weight:normal;font-size:1.1rem;line-height:1.5;color:white;text-align:center;} @media (max-width:575px){} @media (min-width:576px){} @media (max-width:767px){} @media (min-width:768px){} @media (max-width:1023px){} @media (min-width:1024px){} @media (max-width:1199px){} @media (min-width:1200px){} @media (min-width:1024px){.eJFwGd{font-size:1.2000000000000002rem;}} .eJFwGd svg{display:inline-block;width:24px;height:24px;} .eJFwGd svg *{fill:#8C929B;} .eJFwGd > span,.eJFwGd > a{display:block;width:100%;height:100%;padding-top:5px;line-height:1.3;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;} .eJFwGd > span > span,.eJFwGd > a > span{display:block;opacity:0.5;} .eJFwGd:active{background:rgba(0,0,0,0.2);}.kkzVFe{-webkit-box-flex:1;-webkit-flex-grow:1;-ms-flex-positive:1;flex-grow:1;-webkit-flex-basis:0;-ms-flex-preferred-size:0;flex-basis:0;position:relative;width:100%;min-height:0px;max-width:100%;-webkit-flex:0 0 16.666666666666664%;-ms-flex:0 0 16.666666666666664%;flex:0 0 16.666666666666664%;max-width:16.666666666666664%;-webkit-box-pack:start;-webkit-justify-content:flex-start;-ms-flex-pack:start;justify-content:flex-start;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-flex-direction:column !important;-ms-flex-direction:column !important;flex-direction:column !important;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;font-weight:normal;font-size:1.1rem;line-height:1.5;color:white;text-align:center;} @media (max-width:575px){} @media (min-width:576px){} @media (max-width:767px){} @media (min-width:768px){} @media (max-width:1023px){} @media (min-width:1024px){} @media (max-width:1199px){} @media (min-width:1200px){} @media (min-width:1024px){.kkzVFe{font-size:1.2000000000000002rem;}} .kkzVFe svg{display:inline-block;width:24px;height:24px;} .kkzVFe svg *{fill:#0D6EF1;} .kkzVFe > span,.kkzVFe > a{display:block;width:100%;height:100%;padding-top:5px;line-height:1.3;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;} .kkzVFe > span > span,.kkzVFe > a > span{display:block;opacity:0.5;} .kkzVFe:active{background:rgba(0,0,0,0.2);}.cpnYdE{-webkit-box-flex:1;-webkit-flex-grow:1;-ms-flex-positive:1;flex-grow:1;-webkit-flex-basis:0;-ms-flex-preferred-size:0;flex-basis:0;position:relative;width:100%;min-height:0px;max-width:100%;-webkit-flex:0 0 16.666666666666664%;-ms-flex:0 0 16.666666666666664%;flex:0 0 16.666666666666664%;max-width:16.666666666666664%;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-flex-direction:column !important;-ms-flex-direction:column !important;flex-direction:column !important;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;font-weight:normal;font-size:1.1rem;line-height:1.5;color:white;text-align:center;} @media (max-width:575px){} @media (min-width:576px){} @media (max-width:767px){} @media (min-width:768px){} @media (max-width:1023px){} @media (min-width:1024px){} @media (max-width:1199px){} @media (min-width:1200px){} @media (min-width:1024px){.cpnYdE{font-size:1.2000000000000002rem;}} .cpnYdE svg{display:inline-block;width:24px;height:24px;} .cpnYdE svg *{fill:#8C929B;} .cpnYdE > span,.cpnYdE > a{display:block;width:100%;height:100%;padding-top:5px;line-height:1.3;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;} .cpnYdE > span > span,.cpnYdE > a > span{display:block;opacity:0.5;} .cpnYdE:active{background:rgba(0,0,0,0.2);}