Cooper Companies Backtesting

The Cooper Companies Inc -- USA Stock  

USD 235.19  5.46  2.27%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Cooper Companies Inc and determine expected loss or profit from investing in Cooper Companies over given investment horizon. Check also Cooper Companies Hype Analysis, Cooper Companies Correlation, Cooper Companies Valuation, Cooper Companies Volatility as well as analyze Cooper Companies Alpha and Beta and Cooper Companies Performance
 Time Horizon     30 Days    Login   to change

Cooper Companies 'What if' Analysis

December 21, 2017
No Change 0.00  0.0%
In 30 days
January 20, 2018
If you would invest  0.00  in Cooper Companies on December 21, 2017 and sell it all today you would earn a total of 0.00 from holding The Cooper Companies Inc or generate 0.0% return on investment in Cooper Companies over 30 days. Cooper Companies is related to or competes with DexCom, Boston Scientific, Quest Diagnostics, DENTSPLY SIRONA, and ResMed. The Cooper Companies Inc develops manufactures and markets a range of contact lenses including spherical lenses and tori...

Cooper Companies Upside/Downside Indicators


Cooper Companies Market Premium Indicators

The Cooper Companies lagged returns against current returns

 Current and Lagged Values 

Cooper Companies regressed lagged prices vs. current prices

 Current vs Lagged Prices 

The Cooper Companies Backtested Returns

Macroaxis considers Cooper Companies not too risky given 1 month investment horizon. The Cooper Companies secures Sharpe Ratio (or Efficiency) of 0.3243 which signifies that The Cooper Companies had 0.3243% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for The Cooper Companies Inc which you can use to evaluate future volatility of the firm. Please makes use of The Cooper Companies Mean Deviation of 1.01, Risk Adjusted Performance of 0.1206 and Semi Deviation of 0.6141 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Cooper Companies holds performance score of 21. The firm shows Beta (market volatility) of -0.0962 which signifies that as returns on market increase, returns on owning Cooper Companies are expected to decrease at a much smaller rate. During bear market, Cooper Companies is likely to outperform the market.. Although it is vital to follow to The Cooper Companies historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing The Cooper Companies technical indicators you can presently evaluate if the expected return of 0.4396% will be sustainable into the future. Please makes use of The Cooper Companies Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather Cooper Companies price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.86 

Very good predictability

The Cooper Companies Inc has very good predictability. Overlapping area represents the amount of predictability between Cooper Companies time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Cooper Companies price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Cooper Companies price fluctuation can be explain by its past prices.
Correlation Coefficient 0.86
Spearman Rank Test 0.77
Price Variance 11.11
Lagged Price Variance 12.66

Cooper Companies Lagged Returns

 Regressed Prices 

Cooper Companies Performance vs DOW

The median price of Cooper Companies for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 226.74 with a coefficient of variation of 2.76. The daily time series for the period is distributed with a sample standard deviation of 6.26, arithmetic mean of 227.0, and mean deviation of 5.38. The Stock received some media coverage during the period.
Price Growth (%)  
Payment of 384 shares by Carol Kaufman of Cooper Companies s...01/19/2018