Compass Diversified Preferred Stock Probability of Future Preferred Stock Price Finishing Under 19.45
| CODI-PA Preferred Stock | USD 22.67 0.01 0.04% |
Compass |
Compass Diversified Target Price Odds to finish below 19.45
The tendency of Compass Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 19.45 or more in 90 days |
| 22.67 | 90 days | 19.45 | near 1 |
Based on a normal probability distribution, the odds of Compass Diversified to drop to $ 19.45 or more in 90 days from now is near 1 (This Compass Diversified probability density function shows the probability of Compass Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Compass Diversified price to stay between $ 19.45 and its current price of $22.67 at the end of the 90-day period is about 6.91 .
Assuming the 90 days trading horizon Compass Diversified has a beta of -0.0471 suggesting as returns on the benchmark increase, returns on holding Compass Diversified are expected to decrease at a much lower rate. During a bear market, however, Compass Diversified is likely to outperform the market. Additionally Compass Diversified has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Compass Diversified Price Density |
| Price |
Predictive Modules for Compass Diversified
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compass Diversified. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Compass Diversified Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Compass Diversified is not an exception. The market had few large corrections towards the Compass Diversified's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Compass Diversified, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Compass Diversified within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.54 | |
Ir | Information ratio | -0.19 |
Compass Diversified Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Compass Diversified for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Compass Diversified can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Compass Diversified generated a negative expected return over the last 90 days | |
| Compass Diversified has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Compass Diversified Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Compass Preferred Stock often depends not only on the future outlook of the current and potential Compass Diversified's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Compass Diversified's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 49 M | |
| Cash And Short Term Investments | 157.1 M |
Compass Diversified Technical Analysis
Compass Diversified's future price can be derived by breaking down and analyzing its technical indicators over time. Compass Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Compass Diversified. In general, you should focus on analyzing Compass Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Compass Diversified Predictive Forecast Models
Compass Diversified's time-series forecasting models is one of many Compass Diversified's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Compass Diversified's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.
Things to note about Compass Diversified
Checking the ongoing alerts about Compass Diversified for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Compass Diversified help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Compass Diversified generated a negative expected return over the last 90 days | |
| Compass Diversified has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in Compass Preferred Stock
Compass Diversified financial ratios help investors to determine whether Compass Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Compass with respect to the benefits of owning Compass Diversified security.