- ISIN
- US1347481020
- CUSIP
- 134748102
- Sector
- Technology
- Industry
- Computer Hardware
- IPO Date
- Nov 20, 2019
Highlights
- Market Cap
- $242.62M
- Enterprise Value
- $278.26M
- EPS (TTM)
- -$0.38
- Total Revenue (TTM)
- $510.04M
- Gross Profit (TTM)
- $17.56M
- EBITDA (TTM)
- -$144.51M
- Year Range
- $0.31 - $2.22
- Target Price
- $1.93
- ROA (TTM)
- -40.01%
- ROE (TTM)
- -55.74%
Share Price Chart
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Performance
CAN Performance Chart
Canaan Inc. (CAN) is down 49.1% since the beginning of the year. At $0 per share, CAN is trading 84.2% below its 52-week high of $2. Investors who bought $1,000 worth of CAN shares 5 years ago would now be looking at an investment worth $45.
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Returns By Period
Canaan Inc. (CAN) has returned -49.14% so far this year and -42.34% over the past 12 months.
Canaan Inc.
- 1D
- 6.79%
- 1M
- -15.45%
- YTD
- -49.14%
- 6M
- -58.20%
- 1Y
- -42.34%
- 3Y*
- -44.39%
- 5Y*
- -46.26%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CAN Monthly Returns History
Based on dividend-adjusted daily data since Nov 20, 2019, CAN's average daily return is +0.10%, while the average monthly return is +1.71%. At this rate, an investment would double in approximately 3.4 years.
Historically, 40% of months were positive and 60% were negative. The best month was Feb 2021 with a return of +232.5%, while the worst month was May 2020 at -54.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CAN closed higher 44% of trading days. The best single day was Feb 12, 2020 with a return of +82.7%, while the worst single day was Apr 12, 2021 at -29.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.45% | -27.37% | -12.57% | 23.48% | -22.49% | -15.10% | -49.14% | ||||||
| 2025 | 0.98% | -36.71% | -32.99% | -19.85% | -13.69% | 1.81% | 11.66% | 7.91% | 18.34% | 62.21% | -29.37% | -31.68% | -66.34% |
| 2024 | -37.88% | 9.41% | -3.18% | -42.43% | 15.43% | -1.01% | 0.02% | -7.78% | 9.52% | 14.85% | 82.76% | -3.30% | -11.26% |
| 2023 | 52.43% | -10.83% | -3.57% | 4.44% | -27.66% | 4.41% | 49.30% | -36.79% | -9.45% | 5.49% | -21.35% | 52.98% | 12.14% |
| 2022 | -16.50% | 22.56% | 3.04% | -30.02% | -1.58% | -13.90% | 22.05% | -10.69% | -6.55% | -11.59% | -10.34% | -20.77% | -60.00% |
| 2021 | -23.10% | 232.46% | 36.35% | -39.48% | -32.85% | -2.98% | -15.58% | 36.63% | -35.00% | 40.26% | 2.57% | -41.41% | -13.15% |
Benchmark Metrics
Canaan Inc. has an annualized alpha of -1.58%, beta of 1.73, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since November 20, 2019.
- This stock participated in 230.48% of S&P 500 Index downside but only 101.76% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.08 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.58%
- Beta
- 1.73
- R²
- 0.08
- Upside Capture
- 101.76%
- Downside Capture
- 230.48%
Return for Risk
Risk / Return Rank
CAN ranks 30 for risk / return — below 30% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Canaan Inc. (CAN) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -2.58 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 2.78 | -3.29 |
| Martin ratioReturn relative to average drawdown | -0.74 | 12.44 | -13.18 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Canaan Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Canaan Inc. was 99.12%, occurring on Jun 12, 2026. The portfolio has not yet recovered.
The current Canaan Inc. drawdown is 99.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -99.12%Jun 2026 | 5y 3mo | — | 5y 3moMar 2021 - now |
2020 bear market2020 | -80.11%Jul 2020 | 7mo 25d | 7mo 3d | 1y 2moNov 2019 - Feb 2021 |
2021 bear market2021 | -38.85%Feb 2021 | 4d | 11d | 15dFeb 2021 - Mar 2021 |
2021 correction2021 | -15.46%Feb 2021 | 0s | 1d | 1dFeb 2021 - Feb 2021 |
2021 pullback2021 | -2.47%Mar 2021 | 0s | 1d | 1dMar 2021 - Mar 2021 |
Drawdown Indicators
| CAN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.12% | -56.78% | -42.34% |
Max Drawdown (1Y)Largest decline over 1 year | -84.38% | -9.10% | -75.28% |
Max Drawdown (3Y)Largest decline over 3 years | -89.96% | -18.90% | -71.06% |
Max Drawdown (5Y)Largest decline over 5 years | -97.01% | -25.43% | -71.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -99.04% | -1.80% | -97.24% |
Average DrawdownAverage peak-to-trough decline | -83.81% | -10.71% | -73.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.92% | 2.03% | +54.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Canaan Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Canaan Inc. is priced in the market compared to other companies in the Computer Hardware industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for CAN relative to other companies in the Computer Hardware industry. Currently, CAN has a P/S ratio of 0.4. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for CAN in comparison with other companies in the Computer Hardware industry. Currently, CAN has a P/B value of 0.6. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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