Canvas provides some course and student analytics for instructors.

Analytics is the discovery, interpretation, and communication of meaningful patterns in data.

Student interactions in Canvas can show how they are performing in comparison to their peers and offer a high-level look at how course tools/materials are being used by students.

Canvas Analytics 2.0 Beta – spring 2019

Canvas Analytics 1.0 Overview
Canvas Course Analytics 1.0 Quick Start Guide
Canvas Student Analytics 1.0 Quick Start Guide