Cooper Common Stock Shares Outstanding vs Cash And Equivalents 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 Common Stock Shares Outstanding and its Cash And Equivalents 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.

Common Stock Shares Outstanding vs Cash And Equivalents

Common Stock Shares Outstanding vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Metals Common Stock Shares Outstanding account and Cash And Equivalents. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cooper Metals' Common Stock Shares Outstanding and Cash And Equivalents is 0.81. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Equivalents 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' Common Stock Shares Outstanding and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Cooper Metals are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Common Stock Shares Outstanding i.e., Cooper Metals' Common Stock Shares Outstanding and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Equivalents

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 Depreciation5.9K39.2K22.0K
Cost Of Revenue5.9K5.4K4.8K

Cooper Metals fundamental ratios Correlations

0.851.00.98-0.91-0.940.770.930.930.791.0-0.930.430.310.850.920.841.0-0.060.610.920.920.910.92-0.91-0.64
0.850.840.89-0.94-0.730.980.960.960.990.83-0.970.810.451.00.971.00.820.050.370.590.60.60.6-0.62-0.47
1.00.840.98-0.91-0.940.760.920.920.771.0-0.930.410.310.840.920.831.0-0.060.620.930.930.920.93-0.91-0.64
0.980.890.98-0.9-0.890.810.930.930.840.98-0.970.560.470.890.930.870.970.110.470.860.880.890.88-0.88-0.53
-0.91-0.94-0.91-0.90.87-0.93-0.98-0.98-0.92-0.890.94-0.58-0.2-0.94-0.98-0.95-0.90.22-0.66-0.75-0.73-0.69-0.720.720.71
-0.94-0.73-0.94-0.890.87-0.64-0.82-0.82-0.66-0.950.85-0.21-0.15-0.73-0.82-0.71-0.950.19-0.77-0.96-0.94-0.91-0.940.940.84
0.770.980.760.81-0.93-0.640.950.950.990.74-0.90.820.330.980.950.990.74-0.080.380.480.470.460.47-0.48-0.43
0.930.960.920.93-0.98-0.820.951.00.930.9-0.950.640.260.961.00.970.91-0.150.560.730.720.70.72-0.7-0.57
0.930.960.920.93-0.98-0.820.951.00.930.9-0.950.640.260.961.00.970.91-0.150.560.730.720.70.72-0.7-0.57
0.790.990.770.84-0.92-0.660.990.930.930.76-0.940.860.460.990.940.990.750.060.310.50.50.510.5-0.54-0.41
1.00.831.00.98-0.89-0.950.740.90.90.76-0.930.410.350.830.90.811.0-0.010.590.940.940.940.94-0.93-0.63
-0.93-0.97-0.93-0.970.940.85-0.9-0.95-0.95-0.94-0.93-0.7-0.51-0.97-0.95-0.95-0.91-0.11-0.43-0.75-0.76-0.77-0.760.80.55
0.430.810.410.56-0.58-0.210.820.640.640.860.41-0.70.680.810.660.80.380.41-0.210.060.10.150.11-0.170.08
0.310.450.310.47-0.2-0.150.330.260.260.460.35-0.510.680.450.280.40.280.91-0.510.140.230.350.25-0.360.27
0.851.00.840.89-0.94-0.730.980.960.960.990.83-0.970.810.450.971.00.820.050.370.590.60.60.6-0.62-0.47
0.920.970.920.93-0.98-0.820.951.01.00.940.9-0.950.660.280.970.970.91-0.140.550.720.710.690.71-0.69-0.57
0.841.00.830.87-0.95-0.710.990.970.970.990.81-0.950.80.41.00.970.81-0.010.390.570.570.570.57-0.58-0.46
1.00.821.00.97-0.9-0.950.740.910.910.751.0-0.910.380.280.820.910.81-0.080.640.940.940.930.94-0.91-0.65
-0.060.05-0.060.110.220.19-0.08-0.15-0.150.06-0.01-0.110.410.910.05-0.14-0.01-0.08-0.76-0.14-0.040.09-0.02-0.090.54
0.610.370.620.47-0.66-0.770.380.560.560.310.59-0.43-0.21-0.510.370.550.390.64-0.760.720.650.540.63-0.57-0.92
0.920.590.930.86-0.75-0.960.480.730.730.50.94-0.750.060.140.590.720.570.94-0.140.720.990.970.99-0.97-0.73
0.920.60.930.88-0.73-0.940.470.720.720.50.94-0.760.10.230.60.710.570.94-0.040.650.990.991.0-0.98-0.67
0.910.60.920.89-0.69-0.910.460.70.70.510.94-0.770.150.350.60.690.570.930.090.540.970.990.99-0.99-0.59
0.920.60.930.88-0.72-0.940.470.720.720.50.94-0.760.110.250.60.710.570.94-0.020.630.991.00.99-0.98-0.66
-0.91-0.62-0.91-0.880.720.94-0.48-0.7-0.7-0.54-0.930.8-0.17-0.36-0.62-0.69-0.58-0.91-0.09-0.57-0.97-0.98-0.99-0.980.67
-0.64-0.47-0.64-0.530.710.84-0.43-0.57-0.57-0.41-0.630.550.080.27-0.47-0.57-0.46-0.650.54-0.92-0.73-0.67-0.59-0.660.67
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Cooper Metals Account Relationship Matchups

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Additional Tools for Cooper Stock Analysis

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