Canopy Growth Corp Stock Performance
| WEED Stock | CAD 1.52 0.02 1.33% |
On a scale of 0 to 100, Canopy Growth holds a performance score of 3. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canopy Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canopy Growth is expected to be smaller as well. Please check Canopy Growth's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Canopy Growth's price patterns will revert.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Canopy Growth Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Canopy Growth displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 170.3 M | |
| Free Cash Flow | -177 M |
Canopy |
Canopy Growth Relative Risk vs. Return Landscape
If you would invest 146.00 in Canopy Growth Corp on April 18, 2025 and sell it today you would earn a total of 6.00 from holding Canopy Growth Corp or generate 4.11% return on investment over 90 days. Canopy Growth Corp is generating 0.3309% of daily returns and assumes 7.4318% volatility on return distribution over the 90 days horizon. Simply put, 66% of stocks are less volatile than Canopy, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canopy Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canopy Growth's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canopy Growth Corp, and traders can use it to determine the average amount a Canopy Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0445
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Estimated Market Risk
| 7.43 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Canopy Growth is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canopy Growth by adding it to a well-diversified portfolio.
Canopy Growth Fundamentals Growth
Canopy Stock prices reflect investors' perceptions of the future prospects and financial health of Canopy Growth, and Canopy Growth fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canopy Stock performance.
| Return On Equity | -1.22 | ||||
| Return On Asset | -0.0363 | ||||
| Profit Margin | (2.22) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 515.96 M | ||||
| Shares Outstanding | 186.89 M | ||||
| Price To Book | 0.61 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 269 M | ||||
| EBITDA | (21.28 M) | ||||
| Cash And Equivalents | 214.55 M | ||||
| Cash Per Share | 5.54 X | ||||
| Total Debt | 4.26 M | ||||
| Debt To Equity | 0.12 % | ||||
| Book Value Per Share | 2.65 X | ||||
| Cash Flow From Operations | (165.75 M) | ||||
| Earnings Per Share | (5.62) X | ||||
| Total Asset | 917.7 M | ||||
| Retained Earnings | (10.93 B) | ||||
About Canopy Growth Performance
By examining Canopy Growth's fundamental ratios, stakeholders can obtain critical insights into Canopy Growth's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Canopy Growth is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis for recreational and medical purposes primarily in Canada, the United States, Germany, and the United Kingdom. Canopy Growth Corporation is headquartered in Smiths Falls, Canada. CANOPY GROWTH operates under Drug ManufacturersSpecialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 4434 people.Things to note about Canopy Growth Corp performance evaluation
Checking the ongoing alerts about Canopy Growth for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canopy Growth Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canopy Growth Corp had very high historical volatility over the last 90 days | |
| Canopy Growth Corp may become a speculative penny stock | |
| The company reported the revenue of 269 M. Net Loss for the year was (598.12 M) with profit before overhead, payroll, taxes, and interest of 81.5 M. | |
| Canopy Growth Corp has accumulated about 214.55 M in cash with (165.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.54, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Canopy Growth's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canopy Growth's stock is overvalued or undervalued compared to its peers.
- Examining Canopy Growth's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canopy Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canopy Growth's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canopy Growth's stock. These opinions can provide insight into Canopy Growth's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.