Copa Inventory from 2010 to 2024

CPA Stock  USD 98.10  2.50  2.49%   
Copa Holdings' Inventory is increasing over the years with slightly volatile fluctuation. Overall, Inventory is expected to go to about 122.4 M this year. From 2010 to 2024 Copa Holdings Inventory quarterly data regression line had arithmetic mean of  71,115,747 and r-squared of  0.80. View All Fundamentals
 
Inventory  
First Reported
2003-12-31
Previous Quarter
108.5 M
Current Value
116.6 M
Quarterly Volatility
30.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Copa Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Copa main balance sheet or income statement drivers, such as Depreciation And Amortization of 321 M, Interest Expense of 166.1 M or Total Revenue of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.0177 or PTB Ratio of 1.91. Copa financial statements analysis is a perfect complement when working with Copa Holdings Valuation or Volatility modules.
  
This module can also supplement Copa Holdings' financial leverage analysis and stock options assessment as well as various Copa Holdings Technical models . Check out the analysis of Copa Holdings Correlation against competitors.

Latest Copa Holdings' Inventory Growth Pattern

Below is the plot of the Inventory of Copa Holdings SA over the last few years. It is Copa Holdings' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Copa Holdings' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Copa Inventory Regression Statistics

Arithmetic Mean71,115,747
Geometric Mean57,099,524
Coefficient Of Variation41.26
Mean Deviation20,719,764
Median74,319,000
Standard Deviation29,342,098
Sample Variance861T
Range120.6M
R-Value0.90
Mean Square Error183.4T
R-Squared0.80
Slope5,876,476
Total Sum of Squares12053.4T

Copa Inventory History

2024122.4 M
2023116.6 M
202293.3 M
202174.8 M
202074.3 M
201969.1 M
201886.5 M

Other Fundumenentals of Copa Holdings SA

About Copa Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Copa Holdings income statement, its balance sheet, and the statement of cash flows. Copa Holdings investors use historical funamental indicators, such as Copa Holdings's Inventory, to determine how well the company is positioned to perform in the future. Although Copa Holdings investors may use each financial statement separately, they are all related. The changes in Copa Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Copa Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Copa Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Copa Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory116.6 M122.4 M
Change To Inventory94 M98.7 M
Inventory Turnover 19.65  34.47 
Days Of Inventory On Hand 18.57  12.98 
Average Inventory 0.00  0.00 
Days Of Inventory Outstanding 18.57  12.98 

Pair Trading with Copa Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Copa Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Copa Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Copa Stock

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The ability to find closely correlated positions to Copa Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Copa Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Copa Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Copa Holdings SA to buy it.
The correlation of Copa Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Copa Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copa Holdings SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Copa Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Copa Holdings SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Copa Holdings' 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 Copa Holdings Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Copa Holdings Sa Stock:
Check out the analysis of Copa Holdings Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Copa Stock analysis

When running Copa Holdings' price analysis, check to measure Copa Holdings' 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 Copa Holdings is operating at the current time. Most of Copa Holdings' value examination focuses on studying past and present price action to predict the probability of Copa Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copa Holdings' price. Additionally, you may evaluate how the addition of Copa Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Copa Holdings' 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 Copa Holdings. If investors know Copa 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 Copa Holdings 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
1.039
Dividend Share
3.28
Earnings Share
12.89
Revenue Per Share
86.095
Quarterly Revenue Growth
0.03
The market value of Copa Holdings SA is measured differently than its book value, which is the value of Copa that is recorded on the company's balance sheet. Investors also form their own opinion of Copa Holdings' value that differs from its market value or its book value, called intrinsic value, which is Copa Holdings' 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 Copa Holdings' market value can be influenced by many factors that don't directly affect Copa Holdings' 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 Copa Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Copa Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copa Holdings' 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.