Mr Cooper Group Stock Technical Analysis

COOP Stock  USD 81.72  2.24  2.82%   
As of the 25th of April, Mr Cooper owns the Market Risk Adjusted Performance of 0.2462, standard deviation of 1.58, and Mean Deviation of 1.18. Mr Cooper Group technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Mr Cooper, which can be compared to its peers in the sector. Please verify Mr Cooper Group coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Mr Cooper Group is priced fairly, providing market reflects its prevailing price of 81.72 per share. Given that Mr Cooper Group has jensen alpha of 0.2163, we recommend you to check Mr Cooper's latest market performance to make sure the company can sustain itself in the future.

Mr Cooper Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as COOP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to COOP
  
Mr Cooper's 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.

Mr Cooper Analyst Consensus

Target PriceAdvice# of Analysts
67.4Strong Buy9Odds
Mr Cooper Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most COOP 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 COOP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mr Cooper Group, talking to its executives and customers, or listening to COOP conference calls.
COOP Analyst Advice Details
Mr Cooper 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 Mr Cooper technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mr Cooper 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...

Mr Cooper Group Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Mr Cooper Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mr Cooper Group Trend Analysis

Use this graph to draw trend lines for Mr Cooper Group. You can use it to identify possible trend reversals for Mr Cooper 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 Mr Cooper price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Mr Cooper Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mr Cooper Group applied against its price change over selected period. The best fit line has a slop of   0.17  , which means Mr Cooper Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1093.33, which is the sum of squared deviations for the predicted Mr Cooper price change compared to its average price change.

About Mr Cooper 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 Mr Cooper Group 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 Mr Cooper Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mr Cooper Group price pattern first instead of the macroeconomic environment surrounding Mr Cooper Group. By analyzing Mr Cooper'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 Mr Cooper'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 Mr Cooper specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2024 (projected)
Days Sales Outstanding150.95192.51
PTB Ratio0.710.97

Mr Cooper April 25, 2024 Technical Indicators

Most technical analysis of COOP 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 COOP from various momentum indicators to cycle indicators. When you analyze COOP 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.

Mr Cooper April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as COOP stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Mr Cooper Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if COOP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mr Cooper Group Stock. Highlighted below are key reports to facilitate an investment decision about Mr Cooper Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for COOP Stock analysis

When running Mr Cooper's price analysis, check to measure Mr Cooper's 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 Mr Cooper is operating at the current time. Most of Mr Cooper's value examination focuses on studying past and present price action to predict the probability of Mr Cooper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mr Cooper's price. Additionally, you may evaluate how the addition of Mr Cooper to your portfolios can decrease your overall portfolio volatility.
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Is Mr Cooper's 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 Mr Cooper. If investors know COOP 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 Mr Cooper 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
107.881
Earnings Share
7.3
Revenue Per Share
26.748
Quarterly Revenue Growth
0.333
Return On Assets
0.0306
The market value of Mr Cooper Group is measured differently than its book value, which is the value of COOP that is recorded on the company's balance sheet. Investors also form their own opinion of Mr Cooper's value that differs from its market value or its book value, called intrinsic value, which is Mr Cooper's 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 Mr Cooper's market value can be influenced by many factors that don't directly affect Mr Cooper's 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 Mr Cooper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mr Cooper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mr Cooper's 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.