Cochlear (Australia) Market Value

COH Stock   258.86  3.94  1.50%   
Cochlear's market value is the price at which a share of Cochlear trades on a public exchange. It measures the collective expectations of Cochlear investors about its performance. Cochlear is selling for under 258.86 as of the 2nd of March 2025; that is 1.5 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 258.86.
With this module, you can estimate the performance of a buy and hold strategy of Cochlear and determine expected loss or profit from investing in Cochlear over a given investment horizon. Check out Cochlear Correlation, Cochlear Volatility and Cochlear Alpha and Beta module to complement your research on Cochlear.
Symbol

Please note, there is a significant difference between Cochlear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cochlear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cochlear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cochlear '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 Cochlear'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 Cochlear.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Cochlear on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Cochlear or generate 0.0% return on investment in Cochlear over 30 days. Cochlear is related to or competes with Home Consortium, Lunnon Metals, Aspire Mining, and Australian Unity. Cochlear is entity of Australia. It is traded as Stock on AU exchange. More

Cochlear 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 Cochlear'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 Cochlear upside and downside potential and time the market with a certain degree of confidence.

Cochlear Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cochlear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cochlear's standard deviation. In reality, there are many statistical measures that can use Cochlear historical prices to predict the future Cochlear's volatility.
Hype
Prediction
LowEstimatedHigh
256.71258.86261.01
Details
Intrinsic
Valuation
LowRealHigh
228.05230.20284.75
Details
Naive
Forecast
LowNextHigh
259.41261.56263.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.551.571.63
Details

Cochlear Backtested Returns

Cochlear secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of standard deviation over the last 3 months. Cochlear exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cochlear's risk adjusted performance of (0.07), and Mean Deviation of 1.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.097, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cochlear are expected to decrease at a much lower rate. During the bear market, Cochlear is likely to outperform the market. At this point, Cochlear has a negative expected return of -0.23%. Please make sure to confirm Cochlear's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Cochlear performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.67  

Good predictability

Cochlear has good predictability. Overlapping area represents the amount of predictability between Cochlear time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cochlear price movement. The serial correlation of 0.67 indicates that around 67.0% of current Cochlear price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.81
Residual Average0.0
Price Variance36.66

Cochlear lagged returns against current returns

Autocorrelation, which is Cochlear 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 Cochlear's stock expected returns. We can calculate the autocorrelation of Cochlear returns to help us make a trade decision. For example, suppose you find that Cochlear 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  

Cochlear 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 Cochlear stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cochlear stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cochlear stock over time.
   Current vs Lagged Prices   
       Timeline  

Cochlear Lagged Returns

When evaluating Cochlear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cochlear stock have on its future price. Cochlear 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, Cochlear autocorrelation shows the relationship between Cochlear stock current value and its past values and can show if there is a momentum factor associated with investing in Cochlear.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Cochlear Stock Analysis

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