The Cooper Companies Stock Technical Analysis

COO Stock  USD 92.04  1.48  1.58%   
As of the 16th of April 2024, Cooper Companies shows the Mean Deviation of 1.06, coefficient of variation of (3,064), and Risk Adjusted Performance of (0.01). Cooper Companies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for The Cooper Companies, which can be compared to its peers. Please confirm Cooper Companies market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Cooper Companies is priced correctly, providing market reflects its regular price of 92.04 per share. Given that Cooper Companies has information ratio of (0.07), we suggest you to validate The Cooper Companies's prevailing market performance to make sure the company can sustain itself at a future point.

Cooper Companies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cooper, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Cooper
  
Cooper Companies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Cooper Companies Analyst Consensus

Target PriceAdvice# of Analysts
400.17Buy20Odds
The Cooper Companies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cooper analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cooper stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cooper Companies, talking to its executives and customers, or listening to Cooper conference calls.
Cooper Analyst Advice Details
Cooper Companies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cooper Companies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cooper Companies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Cooper Companies Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cooper Companies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cooper Companies Trend Analysis

Use this graph to draw trend lines for The Cooper Companies. You can use it to identify possible trend reversals for Cooper Companies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Cooper Companies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Cooper Companies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Cooper Companies applied against its price change over selected period. The best fit line has a slop of   0.09  , which may imply that The Cooper Companies will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 294.65, which is the sum of squared deviations for the predicted Cooper Companies price change compared to its average price change.

About Cooper Companies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The Cooper Companies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The Cooper Companies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cooper Companies price pattern first instead of the macroeconomic environment surrounding Cooper Companies. By analyzing Cooper Companies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Cooper Companies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Cooper Companies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield2.23E-41.94E-42.24E-42.12E-4
Price To Sales Ratio4.074.293.874.06

Cooper Companies April 16, 2024 Technical Indicators

Most technical analysis of Cooper help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cooper from various momentum indicators to cycle indicators. When you analyze Cooper charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Cooper Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cooper Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Cooper Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Cooper Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Cooper Companies' price analysis, check to measure Cooper Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cooper Companies is operating at the current time. Most of Cooper Companies' value examination focuses on studying past and present price action to predict the probability of Cooper Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cooper Companies' price. Additionally, you may evaluate how the addition of Cooper Companies to your portfolios can decrease your overall portfolio volatility.
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Is Cooper Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cooper Companies. If investors know Cooper will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cooper Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.008
Earnings Share
1.45
Revenue Per Share
18.496
Quarterly Revenue Growth
0.085
The market value of Cooper Companies is measured differently than its book value, which is the value of Cooper that is recorded on the company's balance sheet. Investors also form their own opinion of Cooper Companies' value that differs from its market value or its book value, called intrinsic value, which is Cooper Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cooper Companies' market value can be influenced by many factors that don't directly affect Cooper Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cooper Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cooper Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cooper Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.