Cooper Metals (Australia) Price on June 5, 2024
| CPM Stock | 0.04 0 7.50% |
If you're considering investing in Cooper Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cooper Metals stands at 0.04, as last reported on the 29th of December, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Cooper Metals secures Sharpe Ratio (or Efficiency) of -0.0536, which signifies that the company had a -0.0536% return per unit of risk over the last 3 months. Cooper Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cooper Metals' Mean Deviation of 3.27, standard deviation of 4.65, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
At this time, Cooper Metals' Issuance Of Capital Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 70.2 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 6.5 M in 2024. . Cooper Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cooper |
Sharpe Ratio = -0.0536
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| Negative Returns | CPM |
Estimated Market Risk
| 4.65 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cooper Metals is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cooper Metals by adding Cooper Metals to a well-diversified portfolio.
Price Book 0.297 | Book Value 0.145 | Enterprise Value 402.6 K | Enterprise Value Ebitda (11.06) | Price Sales 26.668 |
Cooper Metals Valuation on June 5, 2024
It is possible to determine the worth of Cooper Metals on a given historical date. On June 5, 2024 Cooper was worth 0.095 at the beginning of the trading date compared to the closed value of 0.088. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cooper Metals stock. Still, in general, we apply an absolute valuation method to find Cooper Metals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cooper Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cooper Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.1 | 0.1 | 431,301 | |
06/05/2024 | 0.1 | 0.1 | 0.09 | 0.09 | 1,056,848 |
| 0.09 | 0.09 | 0.08 | 0.08 | 481,975 |
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Cooper Metals Trading Date Momentum on June 5, 2024
| On June 06 2024 Cooper Metals was traded for 0.08 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.08 . The daily volume was recorded at 482 K. The volume of trading on 6th of June 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.55% . The overall trading delta to the closing price today is 15.91% . |
Cooper Metals Fundamentals Correlations and Trends
By evaluating Cooper Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cooper Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cooper financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cooper Metals Stock history
Cooper Metals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cooper is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cooper Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cooper Metals stock prices may prove useful in developing a viable investing in Cooper Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.2 M | 38.5 M | |
| Net Loss | -914.1 K | -959.8 K |
Cooper Metals Stock Technical Analysis
Cooper Metals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cooper Metals Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Cooper Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cooper Metals December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cooper Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cooper Metals shares will generate the highest return on investment. By undertsting and applying Cooper Metals stock market strength indicators, traders can identify Cooper Metals entry and exit signals to maximize returns
Cooper Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cooper Metals' price direction in advance. Along with the technical and fundamental analysis of Cooper Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cooper to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 5.72 |
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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.