Canoo (GOEV) 12-1 Month Momentum %

: -75.54% (As of Today)

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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), Canoo's 12-1 Month Momentum % is -75.54%.

The industry rank for Canoo's 12-1 Month Momentum % or its related term are showing as below:

GOEV's 12-1 Month Momentum % is ranked worse than
97.42% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 5.6 vs GOEV: -75.54

Competitive Comparison

For the Auto Manufacturers subindustry, Canoo'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.

Canoo 12-1 Month Momentum % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Canoo's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Canoo's 12-1 Month Momentum % falls into.

Canoo (NAS:GOEV) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* 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.

Canoo (NAS:GOEV) 12-1 Month Momentum % Explanation

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.

Canoo 12-1 Month Momentum % Related Terms

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Canoo (GOEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Canoo Inc (NAS:GOEV) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

GOEVW:USA 9XK:Germany 9XK:Germany

Address

19951 Mariner Avenue, Torrance, CA, USA, 90503

Website

https://www.canoo.com

Canoo Inc is a mobility technology company. The company designs and manufactures electric vehicles for both commercial and consumer markets. The product pipeline includes three vehicle programs: Electric delivery vehicles, Lifestyle vehicle, and Sports vehicle.

Executives

Hector M. Ruiz	officer: General Counsel, Corp Secy	C/O CANOO INC., 19951 MARINER AVENUE, TORRANCE CA 90503
Ramesh Murthy	officer: SVP, CAO and ICFO	19951 MARINER AVENUE, TORRANCE CA 90503
Josette Sheeran	director	C/O CANOO INC., 19951 MARINER AVE., TORRANCE CA 90503
Kenneth Manget	officer: Chief Financial Officer	C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Tony Aquila	director, 10 percent owner, officer: Executive Chairman and CEO	2126 HAMILTON ROAD, SUITE 260, ARGYLE TX 76226
Dd Global Holdings Ltd	10 percent owner	WAN CHAI DISTRICT, NO. 6-8 HARBOUR RD., SHUI ON CENTRE, SUITE 1204-1207, HONG KONG K3 00000
De Capital Ltd	10 percent owner	RM 1204-07 SHUI ON CENTRE, NO.6-8 HARBOUR RD, WAN CHAI, HONG KONG K3 00000
Pak Tam Li	10 percent owner	RM 1204-07 SHUI ON CENTRE, NO.6-8 HARBOUR RD, WAN CHAI, HONG KONG K3 00000
Champ Key Ltd	10 percent owner	WAN CHAI DISTRICT, NO. 6-8 HARBOUR RD., SHUI ON CENTRE, SUITE 1204-1207, HONG KONG K3 00000
Remarkable Views Consultants Ltd.	10 percent owner	4F, NO. 13-19, SEC. 6, MINQUAN E. ROAD, NEIHU DIST., TAIPEI F5 114
Victor Chu	10 percent owner	C/O REMARKABLE VIEWS CONSULTANTS LTD., 4F, NO. 13-19, SEC. 6, MINQUAN E. ROAD, TAIPEI F5 114
Thomas A Dattilo	director	COOPER TIRE & RUBBER COMPANY, 701 LIMA AVENUE, FINDLAY OH 45840
Renato Giger	officer: SVP and Interim CFO	C/O CANOO INC., 19951 MARINER AVENUE, TORRANCE CA 90503
Edelman Claudia Romo	director	C/O CANOO INC., 19951 MARINER AVENUE, TORRANCE CA 90503
Arthur F Kingsbury	director	C/O CANOO INC., 19951 MARINER AVENUE, TORRANCE CA 90503