Koppers Holdings Stock Market Value
| KOP Stock | USD 38.46 0.10 0.26% |
| Symbol | Koppers |
Koppers Holdings Price To Book Ratio
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Koppers Holdings. If investors know Koppers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Koppers Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 0.27 | Earnings Share 3.52 | Revenue Per Share 102.327 | Quarterly Revenue Growth 0.007 |
The market value of Koppers Holdings is measured differently than its book value, which is the value of Koppers that is recorded on the company's balance sheet. Investors also form their own opinion of Koppers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Koppers Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Koppers Holdings' market value can be influenced by many factors that don't directly affect Koppers Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Koppers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koppers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koppers Holdings' 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.
Koppers Holdings '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 Koppers Holdings' 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 Koppers Holdings.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Koppers Holdings on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Koppers Holdings or generate 0.0% return on investment in Koppers Holdings over 720 days. Koppers Holdings is related to or competes with H B, Minerals Technologies, Quaker Chemical, Oil Dri, Sensient Technologies, Innospec, and Northern Technologies. Koppers Holdings Inc. provides treated wood products, wood preservation chemicals, and carbon compounds in the United St... More
Koppers Holdings 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 Koppers Holdings' 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 Koppers Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.45 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.07 |
Koppers Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koppers Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koppers Holdings' standard deviation. In reality, there are many statistical measures that can use Koppers Holdings historical prices to predict the future Koppers Holdings' volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0047 |
Koppers Holdings Backtested Returns
Currently, Koppers Holdings is very steady. Koppers Holdings has Sharpe Ratio of 0.0093, which conveys that the firm had a 0.0093% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Koppers Holdings, which you can use to evaluate the volatility of the firm. Please verify Koppers Holdings' Risk Adjusted Performance of 0.013, downside deviation of 1.8, and Mean Deviation of 1.53 to check out if the risk estimate we provide is consistent with the expected return of 0.0206%. The company secures a Beta (Market Risk) of 1.85, which conveys 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, Koppers Holdings will likely underperform. Koppers Holdings right now secures a risk of 2.22%. Please verify Koppers Holdings expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Koppers Holdings will be following its current price movements.
Auto-correlation | -0.58 |
Good reverse predictability
Koppers Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Koppers Holdings time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Koppers Holdings price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Koppers Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 49.67 |
Koppers Holdings lagged returns against current returns
Autocorrelation, which is Koppers Holdings 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 Koppers Holdings' stock expected returns. We can calculate the autocorrelation of Koppers Holdings returns to help us make a trade decision. For example, suppose you find that Koppers Holdings 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 |
Koppers Holdings 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 Koppers Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koppers Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koppers Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Koppers Holdings Lagged Returns
When evaluating Koppers Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koppers Holdings stock have on its future price. Koppers Holdings 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, Koppers Holdings autocorrelation shows the relationship between Koppers Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Koppers Holdings.
Regressed Prices |
| Timeline |
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 against Koppers Stock
| 0.42 | DNMR | Danimer Scientific | PairCorr |
| 0.39 | IFF | International Flavors | PairCorr |
| 0.35 | FF | FutureFuel Corp | PairCorr |
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.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.