40 21.2%
Avg. stock sentiment across social media

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Month over Month

Avg. stock sentiment across social media

Oct 2024 38
Sep 2024 45
Aug 2024 52
Jul 2024 57
Jun 2024 52

What's the investor sentiment for Canoo?

The overall sentiment for investing in Canoo is negative, according to data from the top investing forums. Canoo has a sentiment score of 40 out of 100. This is up, compared to the 30 day moving average.

Analyzing Sentiment, how is Canoo performing compared to its industry peers?

Compared to its peers, Canoo ranks in the 40th percentile when it comes to Sentiment.

How does AltIndex calculate sentiment for Canoo?

AltIndex calculates sentiment for Canoo by analyzing posts from various internet stock forums, including Reddit. We employ advanced natural language processing techniques to parse and understand the context of each post. Our algorithm assesses the tone, keywords, and overall context of mentions to determine whether they are positive, neutral, or negative. The sentiment from all posts is then aggregated into a score ranging from 0 to 100. A higher score indicates that a majority of the mentions are positive or bullish, while a lower score signifies that the majority of mentions are negative or bearish. This comprehensive analysis allows us to provide an estimated sentiment score that reflects the current investor mood towards Canoo.

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The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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The information provided by AltIndex is solely for informational purposes and not a substitute for professional financial advice. Investing in financial markets carries inherent risks, and past performance doesn't guarantee future results. It's crucial to do your research, consult with financial experts, and align your financial objectives and risk tolerance before investing. AltIndex creators and operators are not liable for any financial losses incurred from using this information. Users should exercise caution, seek professional advice, and be prepared for the risks involved in trading and investing in financial assets, only investing what they can afford to lose. The information in this application, derived from publicly available data, is believed to be reliable but may not always be accurate or current. Users should verify information independently and not solely rely on this application for financial decisions. By using AltIndex, you acknowledge that it doesn't offer financial advice and agree to consult a qualified financial advisor before making investment decisions.

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