Compass Diversified Preferred Stock Price on February 21, 2023
CODI-PA Preferred Stock | USD 22.67 0.01 0.04% |
If you're considering investing in Compass Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Compass Diversified stands at 22.67, as last reported on the 29th of December, with the highest price reaching 22.68 and the lowest price hitting 22.53 during the day. Compass Diversified secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Compass Diversified exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compass Diversified's Mean Deviation of 0.4188, risk adjusted performance of (0.11), and Standard Deviation of 0.5964 to double-check the risk estimate we provide.
Compass Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Compass |
Sharpe Ratio = -0.1151
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Compass Diversified 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 Compass Diversified by adding Compass Diversified to a well-diversified portfolio.
Compass Diversified Valuation on February 21, 2023
It is possible to determine the worth of Compass Diversified on a given historical date. On February 21, 2023 Compass was worth 21.37 at the beginning of the trading date compared to the closed value of 21.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compass Diversified preferred stock. Still, in general, we apply an absolute valuation method to find Compass Diversified's 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 Compass Diversified where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Compass Diversified's related companies.
Open | High | Low | Close | Volume | |
21.50 | 21.71 | 21.29 | 21.30 | 3,005 | |
02/21/2023 | 21.37 | 21.69 | 21.33 | 21.46 | 10,554 |
21.53 | 21.72 | 21.49 | 21.53 | 5,312 |
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Compass Diversified Trading Date Momentum on February 21, 2023
On February 22 2023 Compass Diversified was traded for 21.53 at the closing time. The highest price during the trading period was 21.72 and the lowest recorded bid was listed for 21.49 . The volume for the day was 5.3 K. This history from February 22, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.33% . The overall trading delta to the current price is 1.03% . |
Compass Diversified Fundamentals Correlations and Trends
By evaluating Compass Diversified's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Compass Diversified's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Compass financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Compass Diversified Preferred Stock history
Compass Diversified 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 Compass is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Compass Diversified 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 Compass Diversified stock prices may prove useful in developing a viable investing in Compass Diversified
Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. Compass Diversified Holdings LLC was founded in 2005 and is based in Westport, Connecticut with an additional office in Irvine, California. Compass Diversified operates under Conglomerates classification in USA and is traded on New York Stock Exchange. It employs 4770 people.
Compass Diversified Preferred Stock Technical Analysis
Compass Diversified technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Compass Diversified Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Compass Diversified cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Compass Diversified December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Compass Diversified preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compass Diversified shares will generate the highest return on investment. By undertsting and applying Compass Diversified preferred stock market strength indicators, traders can identify Compass Diversified entry and exit signals to maximize returns
Compass Diversified Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Compass Diversified's price direction in advance. Along with the technical and fundamental analysis of Compass Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Compass 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 | (0.11) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 1.95 |
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Volume Indicators |
Complementary Tools for Compass Preferred Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified'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 Compass Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
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