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Asset Summary

Weekly Performance Report for COO ETF: Week 51, 2024

Summary: The Weekly started with COO ETF opening at $94.76 and closing at $93.44. The ETF showed weakness throughout the Weekly, with the highest price observed at $96.14 and the lowest at $91.22. The underlying asset had a trading range of $4.92 Overall, it was a negative trading Weekly for COO ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-1.32 or -1.39% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for COO ETF was 9,894,398 units during Week 51, indicating active market participation and investor interest.

Opening Price: The Weekly started at $94.76.

Highest Price: The highest price observed during the Weekly was $96.14.

Lowest Price: The lowest price observed during the Weekly was $91.22.

Closing Price: The Weekly ended at $93.44.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, CooperCompanies invests in research and development to innovate and improve its product offerings.

Risks include market competition, regulatory challenges, and fluctuations in demand for contact lenses and surgical devices.

For recent performance metrics, consult financial news websites or stock market analysis platforms.

CooperCompanies has historically paid dividends, but it’s essential to check the latest dividend announcements for updates.

CooperCompanies is known for its innovative products and market presence, often performing well compared to peers.

Investing in COO depends on your financial goals and thorough market analysis. Review current trends and forecasts.

News can be found on financial news platforms, the company’s investor relations page, and industry reports.

Market capitalization is subject to change; you can find the latest figure on financial market websites.

You can buy COO through a brokerage account or by consulting a financial advisor.

COO primarily focuses on the contact lens and surgical device markets within the healthcare industry.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

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