The Cooper Companies Stock Probability of Future Stock Price Finishing Under 241.36
| COO Stock | USD 90.41 0.55 0.61% |
Closest to current price Cooper long CALL Option Payoff at Expiration
Cooper |
Cooper Companies Target Price Odds to finish below 241.36
The tendency of Cooper Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 241.36 after 90 days |
| 90.41 | 90 days | 241.36 | close to 99 |
Based on a normal probability distribution, the odds of Cooper Companies to stay under $ 241.36 after 90 days from now is close to 99 (This The Cooper Companies probability density function shows the probability of Cooper Stock to fall within a particular range of prices over 90 days) . Probability of Cooper Companies price to stay between its current price of $ 90.41 and $ 241.36 at the end of the 90-day period is roughly 96.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.38 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cooper Companies will likely underperform. Additionally The Cooper Companies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Cooper Companies Price Density |
| Price |
Predictive Modules for Cooper Companies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cooper Companies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cooper Companies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cooper Companies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cooper Companies is not an exception. The market had few large corrections towards the Cooper Companies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Cooper Companies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cooper Companies within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.16 | |
β | Beta against NYSE Composite | 1.38 | |
σ | Overall volatility | 3.64 | |
Ir | Information ratio | -0.09 |
Cooper Companies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cooper Companies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cooper Companies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cooper Companies generated a negative expected return over the last 90 days | |
| Cooper Companies is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Should You Think About Buying The Cooper Companies, Inc. Now |
Cooper Companies Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cooper Stock often depends not only on the future outlook of the current and potential Cooper Companies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cooper Companies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.2 M | |
| Cash And Short Term Investments | 120.8 M |
Cooper Companies Technical Analysis
Cooper Companies' future price can be derived by breaking down and analyzing its technical indicators over time. Cooper Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Cooper Companies. In general, you should focus on analyzing Cooper Stock price patterns and their correlations with different microeconomic environments and drivers.
Cooper Companies Predictive Forecast Models
Cooper Companies' time-series forecasting models is one of many Cooper Companies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Cooper Companies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Cooper Companies
Checking the ongoing alerts about Cooper Companies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cooper Companies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cooper Companies generated a negative expected return over the last 90 days | |
| Cooper Companies is unlikely to experience financial distress in the next 2 years | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Should You Think About Buying The Cooper Companies, Inc. Now |
Check out Cooper Companies Backtesting, Cooper Companies Valuation, Cooper Companies Correlation, Cooper Companies Hype Analysis, Cooper Companies Volatility, Cooper Companies History as well as Cooper Companies Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Cooper Stock analysis
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 1.46 | 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.