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Performance of CAN Canaan | -66% in 12m

Compare CAN with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Canaan with its related Sector/Index SMH

Compare Canaan with its related Sector/Index SMH

Performance Duell CAN vs SMH

TimeFrame CAN SMH
1 Day -3.97% -0.87%
1 Week -3.20% 3.10%
1 Month -35.3% -1.04%
3 Months -33.8% 12.26%
6 Months -54.2% 47.17%
12 Months -66.0% 77.55%
YTD -60.8% 30.63%
Rel. Perf. 1m -3.92
Rel. Perf. 3m -12.85
Rel. Perf. 6m -11.86
Rel. Perf. 12m -16.67

Is Canaan a good stock to buy?

No, based on ValueRay Fundamental Analyses, Canaan (NASDAQ:CAN) is currently (May 2024) a stock to sell. It has a ValueRay Fundamental Rating of -78.68 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CAN as of May 2024 is 0.59. This means that CAN is currently overvalued and has a potential downside of -30.59% (Sold with Premium).

Is CAN a buy, sell or hold?

  • Strong Buy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
Canaan has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy CAN.
Values above 0%: CAN is performing better - Values below 0%: CAN is underperforming

Compare CAN with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY -6.22% -35.04% -73.43% -93.09%
US NASDAQ 100 QQQ -6.90% -35.28% -72.82% -102.92%
US Dow Jones Industrial 30 DIA -6.01% -35.30% -69.11% -83.84%
German DAX 40 DBXD -5.90% -35.83% -75.49% -81.06%
UK FTSE 100 ISFU -5.55% -39.51% -70.66% -76.71%
Shanghai Shenzhen CSI 300 CSI 300 -5.31% -39.18% -55.81% -53.87%
Hongkong Hang Seng HSI -9.00% -44.19% -54.57% -51.72%
Japan Nikkei 225 EXX7 -5.47% -32.35% -69.82% -85.32%
India NIFTY 50 INDA -2.36% -34.44% -71.64% -91.21%
Brasil Bovespa EWZ -8.00% -35.34% -58.66% -86.38%

CAN Canaan vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC -7.73% -33.96% -74.99% -105.40%
Consumer Discretionary XLY -4.85% -34.22% -64.71% -87.79%
Consumer Staples XLP -4.86% -38.75% -67.07% -68.64%
Energy XLE -2.87% -30.98% -67.43% -86.18%
Financial XLF -5.31% -34.05% -77.83% -95.52%
Health Care XLV -4.80% -35.21% -66.20% -74.69%
Industrial XLI -5.53% -34.46% -78.30% -93.50%
Materials XLB -6.03% -33.51% -74.03% -83.13%
Real Estate XLRE -6.60% -32.01% -65.10% -70.22%
Technology XLK -7.27% -34.39% -71.54% -102.21%
Utilities XLU -7.40% -41.36% -69.77% -70.50%
Aerospace & Defense XAR -6.90% -37.52% -71.70% -91.49%
Biotech XBI -10.07% -35.37% -80.68% -72.39%
Homebuilder XHB -6.28% -32.81% -92.18% -115.80%
Retail XRT -6.50% -34.46% -75.56% -88.25%

CAN Canaan vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 0.47% -27.19% -59.37% -83.47%
Natural Gas UNG -15.18% -40.27% -15.38% -27.89%
Gold GLD -4.30% -34.29% -71.54% -80.11%
Silver SLV -6.82% -33.45% -74.43% -72.07%
Copper CPER -4.26% -41.78% -78.88% -84.74%

Returns of CAN vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT -6.42% -34.99% -59.30% -57.05%
iShares High Yield Corp. Bond HYG -4.90% -36.10% -61.58% -75.98%
Does Canaan outperform its market, is CAN a Sector Leader?
No, over the last 12 months Canaan (CAN) made -65.98%, while its related Sector, the VanEck Semiconductor (SMH) made 77.55%.
Over the last 3 months CAN made -33.83%, while SMH made 12.26%.
Period CAN SMH S&P 500
1 Month -35.34% -1.04% -0.30%
3 Months -33.83% 12.26% 4.15%
12 Months -65.98% 77.55% 27.11%