Compass Diversified Holdings Preferred Stock Buy Hold or Sell Recommendation
| CODI-P-A | 24.16 0.29 1.21% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Compass Diversified Holdings is 'Strong Sell'. Macroaxis provides Compass Diversified buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CODI-P-A positions.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. In addition, we conduct extensive research on individual companies such as Compass and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Compass Diversified Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Compass |
Execute Compass Diversified Buy or Sell Advice
The Compass recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Compass Diversified Holdings. Macroaxis does not own or have any residual interests in Compass Diversified Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Compass Diversified's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Reporting Quality (M-Score) | null | Details |
Compass Diversified thematic classifications
 | Diversified AssetsAll types of close end funds |
Compass Diversified Returns Distribution Density
The distribution of Compass Diversified's historical returns is an attempt to chart the uncertainty of Compass Diversified's future price movements. The chart of the probability distribution of Compass Diversified daily returns describes the distribution of returns around its average expected value. We use Compass Diversified Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Compass Diversified returns is essential to provide solid investment advice for Compass Diversified.
| Mean Return | -0.0025 | Value At Risk | -0.91 | Potential Upside | 1.45 | Standard Deviation | 0.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Compass Diversified historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Compass Diversified Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Compass Diversified or Diversified Assets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Compass Diversified's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Compass preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.22 | |
σ | Overall volatility | 0.78 | |
Ir | Information ratio | -0.02 |
Compass Diversified Volatility Alert
Compass Diversified Holdings exhibits very low volatility with skewness of 0.34 and kurtosis of 2.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Compass Diversified's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Compass Diversified's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Compass Diversified Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Compass . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Use Investing Ideas to Build Portfolios
In addition to having Compass Diversified in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Absolute Returns ETFs Thematic Idea Now
Absolute Returns ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Absolute Returns ETFs Theme or any other thematic opportunities.
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