Canopy growth corp CGC.US Trend Analysis

US StockHealth Care
(No presentation for CGC)

CGC Trend Score

3

24

15

Consolidation
  • AI analysis rates CGC   with a medium trend score of 3.
  • It is mainly because  the momentum for stock prices is still building up .
  • Historically, CGC had a trend score of 3 on 98 occasions, with a 29% probability of profits and an average 2.01% increase in period returns.
  • Recently, following the change in CGC's trend score to 3, the stock price has experienced a 24.07% increase.

CGC Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/09 (Daily Update)

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CGC Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

CGC Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of CGC from 2014/07 till Now

678.74%
Cumulative Return
21.11%
Annual Return
46.06%
Volatility
0.46
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from July, 2014 to May, 2025. (Total Trades: 22)

CGCSectorUS Overall Market
Wining Rate41%30%33%
Avg Return20.3%0.9%1%
Avg Profit64.7%23.2%14.7%
Avg Loss-10.5%-8.8%-5.8%
Avg Risk-Reward Ratio618.7%262.1%252.7%

Update to 2025/5/9 (Daily Update)

Top 10 High Relevance to CGC Trend Score