Cooper Cash vs Common Stock Shares Outstanding Analysis
CPM Stock | 0.05 0 4.08% |
Cooper Metals financial indicator trend analysis is way more than just evaluating Cooper Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Metals is a good investment. Please check the relationship between Cooper Metals Cash and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cooper Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Metals Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cooper Metals' Cash and Common Stock Shares Outstanding is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Cooper Metals, assuming nothing else is changed. The correlation between historical values of Cooper Metals' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Cooper Metals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Cooper Metals' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Cooper Metals, which is listed under current asset account on Cooper Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cooper Metals customers. The amounts must be unrestricted with restricted cash listed in a different Cooper Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Cooper Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cooper Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Issuance Of Capital Stock is likely to gain to about 3.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 713.5 K in 2024.
2010 | 2023 | 2024 (projected) | Reconciled Depreciation | 5.9K | 39.2K | 22.0K | Cost Of Revenue | 5.9K | 5.4K | 4.8K |
Cooper Metals fundamental ratios Correlations
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Cooper Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Cooper Stock Analysis
When running Cooper Metals' price analysis, check to measure Cooper Metals' 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 Metals is operating at the current time. Most of Cooper Metals' value examination focuses on studying past and present price action to predict the probability of Cooper Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cooper Metals' price. Additionally, you may evaluate how the addition of Cooper Metals to your portfolios can decrease your overall portfolio volatility.