Koppers Non Currrent Assets Other from 2010 to 2025

KOP Stock  USD 29.25  3.02  9.36%   
Koppers Holdings Non Currrent Assets Other yearly trend continues to be relatively stable with very little volatility. Non Currrent Assets Other are likely to drop to about 6.2 M. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
2005-06-30
Previous Quarter
7.9 M
Current Value
11.6 M
Quarterly Volatility
35.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Koppers Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Koppers Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 46.5 M, Interest Expense of 46.7 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0051 or PTB Ratio of 2.02. Koppers financial statements analysis is a perfect complement when working with Koppers Holdings Valuation or Volatility modules.
  
Check out the analysis of Koppers Holdings Correlation against competitors.
To learn how to invest in Koppers Stock, please use our How to Invest in Koppers Holdings guide.

Latest Koppers Holdings' Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Koppers Holdings over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Koppers Holdings' Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Koppers Holdings' overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Koppers Non Currrent Assets Other Regression Statistics

Arithmetic Mean19,488,219
Geometric Mean17,045,133
Coefficient Of Variation45.20
Mean Deviation7,927,227
Median24,000,000
Standard Deviation8,809,277
Sample Variance77.6T
Range23.1M
R-Value(0.83)
Mean Square Error25.5T
R-Squared0.69
Significance0.000063
Slope(1,540,246)
Total Sum of Squares1164.1T

Koppers Non Currrent Assets Other History

20256.2 M
20246.6 M
20237.3 M
20229.2 M
202111 M
202024.6 M
201923.9 M

About Koppers Holdings Financial Statements

Koppers Holdings shareholders use historical fundamental indicators, such as Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Koppers Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Koppers Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Koppers Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Non Currrent Assets Other6.6 M6.2 M

Pair Trading with Koppers Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Koppers Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Koppers Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Koppers Stock

  0.74CC ChemoursPairCorr
  0.61DD Dupont De NemoursPairCorr
  0.89WDFC WD 40 CompanyPairCorr
The ability to find closely correlated positions to Koppers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koppers Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Koppers Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Koppers Holdings to buy it.
The correlation of Koppers Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Koppers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koppers Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Koppers Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Koppers Stock Analysis

When running Koppers Holdings' price analysis, check to measure Koppers Holdings' 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 Koppers Holdings is operating at the current time. Most of Koppers Holdings' value examination focuses on studying past and present price action to predict the probability of Koppers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koppers Holdings' price. Additionally, you may evaluate how the addition of Koppers Holdings to your portfolios can decrease your overall portfolio volatility.