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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CanaanCAN -7.25%39 12-1 Month Momentum % is -61.74% as of Jul. 25, 2026. GuruFocus rates CAN with a GF Score™ of 39/100 and a GF Value™ of $0.64 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,445 Hardware companies, Canaan ranks worse than 96.89% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-07-25), Canaan's 12-1 Month Momentum % is -61.74%.
The industry rank for Canaan's 12-1 Month Momentum % or its related term are showing as below:
CAN's 12-1 Month Momentum % is ranked worse than 96.89% of 2445
companies
in the Hardware industry
Industry Median: 15.47
vs CAN: -61.74
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Canaan 12-1 Month Momentum % Related Terms
CAN vs ALOT, BGIN, NNDM: 12-1 Month Momentum % Comparison
For the Computer Hardware subindustry, Canaan's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canaan 12-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Canaan's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Canaan's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 12-1 Month Momentum % of -61.74% mean?
Canaan (CAN) has a 12-1 Month Momentum % of -61.74% as of Jul. 25, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Canaan and its competitors. According to the industry distribution chart, Canaan ranks #2369 out of 2445 companies in the Hardware industry, placing it in the top 96.9%.
Is Canaan's 12-1 Month Momentum % too high?
Canaan's current 12-1 Month Momentum % is -61.74%. Based on the distribution chart, Canaan ranks #2369 out of 2445 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Canaan has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canaan's 12-1 Month Momentum % compare to ALOT and BGIN?
According to the Hardware industry distribution chart, Canaan ranks #2369 out of 2445 companies for 12-1 Month Momentum %. This places Canaan in the lower half of its industry. The industry median 12-1 Month Momentum % is 15.47. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Hardware company?
The median 12-1 Month Momentum % among Hardware companies is 15.47, based on 2,445 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Canaan and its competitors. For the Hardware industry, the median 12-1 Month Momentum % is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaan's current 12-1 Month Momentum % is -61.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaan stock overvalued right now?
Based on GuruFocus' analysis, Canaan (CAN) is currently considered Possible Value Trap. The stock's GF Value™ is $0.64, compared to a current price of $0.24 — trading 62.8% below its estimated fair value. The current 12-1 Month Momentum % is -61.74%. Canaan's overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Canaan (CAN), the current 12-1 Month Momentum % is -61.74% as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canaan (CAN) Overvalued in 2026?
Based on GuruFocus' analysis, Canaan stock appears to be undervalued.
The current stock price of $0.24 is trading 62.8% below its estimated GF Value™ of $0.64.
GuruFocus considers Canaan to be Possible Value Trap.
Key valuation signals for CAN:
12-1 Month Momentum %: -61.74%
GF Value™: $0.64 vs. price of $0.24 (62.8% below fair value)
No single metric tells the full story. See the CAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts and accessories. Geographically, the company derives its maximum revenue from United States.
39GF Score
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