Cooper Standard (Germany) Market Value
| C31 Stock | EUR 13.70 0.20 1.48% |
| Symbol | Cooper |
Cooper Standard 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cooper Standard's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cooper Standard.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Cooper Standard on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Cooper Standard Holdings or generate 0.0% return on investment in Cooper Standard over 180 days. Cooper Standard is related to or competes with COMINTL BANK, Chiba Bank, Hanover Insurance, Fast Retailing, CHIBA BANK, Commonwealth Bank, and Vastned Retail. Cooper-Standard Holdings Inc., through its subsidiary, Cooper-Standard Automotive Inc., designs, manufactures, and sells... More
Cooper Standard Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cooper Standard's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cooper Standard Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.83 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 29.01 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 5.98 |
Cooper Standard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cooper Standard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cooper Standard's standard deviation. In reality, there are many statistical measures that can use Cooper Standard historical prices to predict the future Cooper Standard's volatility.| Risk Adjusted Performance | 0.0106 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0023 |
Cooper Standard Holdings Backtested Returns
At this point, Cooper Standard is somewhat reliable. Cooper Standard Holdings secures Sharpe Ratio (or Efficiency) of 0.0141, which signifies that the company had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cooper Standard Holdings, which you can use to evaluate the volatility of the firm. Please confirm Cooper Standard's Downside Deviation of 3.83, mean deviation of 2.69, and Risk Adjusted Performance of 0.0106 to double-check if the risk estimate we provide is consistent with the expected return of 0.058%. Cooper Standard has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.41, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cooper Standard will likely underperform. Cooper Standard Holdings right now shows a risk of 4.1%. Please confirm Cooper Standard Holdings information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Cooper Standard Holdings will be following its price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Cooper Standard Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Cooper Standard time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cooper Standard Holdings price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Cooper Standard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.19 |
Cooper Standard Holdings lagged returns against current returns
Autocorrelation, which is Cooper Standard stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cooper Standard's stock expected returns. We can calculate the autocorrelation of Cooper Standard returns to help us make a trade decision. For example, suppose you find that Cooper Standard has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cooper Standard regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cooper Standard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cooper Standard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cooper Standard stock over time.
Current vs Lagged Prices |
| Timeline |
Cooper Standard Lagged Returns
When evaluating Cooper Standard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cooper Standard stock have on its future price. Cooper Standard autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cooper Standard autocorrelation shows the relationship between Cooper Standard stock current value and its past values and can show if there is a momentum factor associated with investing in Cooper Standard Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cooper Stock
Cooper Standard financial ratios help investors to determine whether Cooper Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cooper with respect to the benefits of owning Cooper Standard security.