Performance of GOEV Canoo | -83.8% in 12m

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

Compare Canoo with its related Sector/Index XLY

Compare Canoo with its related Sector/Index XLY

Performance Duell GOEV vs XLY

TimeFrame GOEV XLY
1 Day 2.59% 0.90%
1 Week -2.81% 3.62%
1 Month -19.5% -3.53%
3 Months -22.5% 2.69%
6 Months -55.3% 19.30%
12 Months -83.8% 23.38%
YTD -47.6% -0.48%
Rel. Perf. 1m -1.71
Rel. Perf. 3m -7.11
Rel. Perf. 6m -9.72
Rel. Perf. 12m -19.92

Is Canoo a good stock to buy?

No, based on ValueRay Analyses, Canoo (NASDAQ:GOEV) is currently (April 2024) a stock to sell. It has a ValueRay Growth Rating of -7.43 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GOEV as of April 2024 is 1.38. This means that GOEV is currently overvalued and has a potential downside of -50.18% (Sold with Premium).

Is GOEV a buy, sell or hold?

  • Strong Buy: 4
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
Canoo has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy GOEV.
Values above 0%: GOEV is performing better - Values below 0%: GOEV is underperforming

Compare GOEV with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY -5.46% -17.45% -79.42% -111.35%
US NASDAQ 100 QQQ -6.75% -16.70% -81.24% -122.95%
US Dow Jones Industrial 30 DIA -3.47% -16.85% -73.05% -100.88%
German DAX 40 DBXD -5.15% -18.13% -78.38% -98.10%
UK FTSE 100 ISFU -6.32% -21.03% -71.07% -91.34%
Shanghai Shenzhen CSI 300 CSI 300 -3.72% -20.80% -57.82% -72.04%
Hongkong Hang Seng HSI -11.52% -21.46% -53.63% -65.36%
Japan Nikkei 225 EXX7 -2.74% -11.47% -72.42% -101.62%
India NIFTY 50 INDA -4.74% -22.55% -77.78% -114.03%
Brasil Bovespa EWZ -5.41% -17.25% -62.45% -105.79%

GOEV Canoo vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC -3.62% -17.93% -82.51% -127.88%
Consumer Discretionary XLY -6.43% -15.95% -74.64% -107.21%
Consumer Staples XLP -4.35% -19.64% -69.01% -85.96%
Energy XLE -3.62% -22.94% -67.72% -102.41%
Financial XLF -3.90% -18.08% -83.89% -112.62%
Health Care XLV -3.54% -15.49% -67.98% -91.84%
Industrial XLI -4.63% -18.44% -82.49% -112.25%
Materials XLB -3.44% -17.50% -76.00% -100.14%
Real Estate XLRE -4.43% -14.65% -68.20% -87.45%
Technology XLK -6.60% -15.71% -80.57% -121.71%
Utilities XLU -3.97% -23.83% -67.88% -84.13%
Aerospace & Defense XAR -5.74% -17.73% -75.14% -105.82%
Biotech XBI -3.61% -9.55% -81.52% -89.07%
Homebuilder XHB -6.36% -14.35% -104.11% -138.57%
Retail XRT -5.69% -14.77% -81.12% -106.20%

GOEV Canoo vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO -4.76% -23.49% -59.89% -106.83%
Natural Gas UNG 0.36% -13.46% -3.42% -35.83%
Gold GLD -0.81% -26.91% -73.06% -101.09%
Silver SLV 2.19% -30.89% -74.72% -92.85%
Copper CPER -4.41% -33.59% -82.97% -104.75%

Returns of GOEV vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT -1.79% -13.90% -61.54% -70.30%
iShares High Yield Corp. Bond HYG -3.65% -18.87% -64.38% -92.59%
Does Canoo outperform its market, is GOEV a Sector Leader?
No, over the last 12 months Canoo (GOEV) made -83.83%, while its related Sector, the Consumer Discretionary Sector SPDR.. (XLY) made 23.38%.
Over the last 3 months GOEV made -22.45%, while XLY made 2.69%.
Period GOEV XLY S&P 500
1 Month -19.48% -3.53% -2.03%
3 Months -22.45% 2.69% 4.60%
12 Months -83.83% 23.38% 27.52%