Canoo is a mobility technology company. Co.'s platform architecture is a self-contained, fully functional rolling chassis that directly houses the components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, vehicle control electronics and software and other components, which all have been optimized for functional integration. In addition to its vehicle technology, Co. is developing a software platform that aggregates car data from both Canoo and non-Canoo vehicles and delivers insights to its customers. The GOEV average annual return since 2019 is shown above.
The Average Annual Return on the GOEV average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether GOEV average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GOEV average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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Video: Don't Forget Dividends in Average Annual Return!
