CPS Stock | | | USD 14.56 0.22 1.53% |
Cooper Stnd financial indicator trend analysis is way more than just evaluating Cooper Stnd prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Stnd is a good investment. Please check the relationship between Cooper Stnd Gross Profit and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cooper Stnd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Cooper Stock please use our
How to Invest in Cooper Stnd guide.
Gross Profit vs Reconciled Depreciation
Gross Profit vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cooper Stnd Gross Profit account and
Reconciled Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cooper Stnd's Gross Profit and Reconciled Depreciation is 0.18. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Cooper Stnd, assuming nothing else is changed. The correlation between historical values of Cooper Stnd's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Cooper Stnd are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Cooper Stnd's Gross Profit and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cooper Stnd minus its cost of goods sold. It is profit before Cooper Stnd operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Reconciled Depreciation
Most indicators from Cooper Stnd's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Stnd 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 Stnd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Cooper Stock please use our
How to Invest in Cooper Stnd guide.At this time, Cooper Stnd's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 16.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 28.63 in 2024.
Cooper Stnd fundamental ratios Correlations
Click cells to compare fundamentals
Cooper Stnd Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cooper Stnd fundamental ratios Accounts
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Additional Tools for Cooper Stock Analysis
When running Cooper Stnd's price analysis, check to
measure Cooper Stnd'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 Cooper Stnd is operating at the current time. Most of Cooper Stnd's value examination focuses on studying past and present price action to
predict the probability of Cooper Stnd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cooper Stnd's price. Additionally, you may evaluate how the addition of Cooper Stnd to your portfolios can decrease your overall portfolio volatility.