Compass Digital Acquisition Price on September 6, 2024
CDAQDelisted Stock | USD 10.74 0.00 0.00% |
If you're considering investing in Compass Stock, it is important to understand the factors that can impact its price. As of today, the current price of Compass Digital stands at 10.74, as last reported on the 24th of December, with the highest price reaching 10.74 and the lowest price hitting 10.74 during the day. Compass Digital Acqu secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Compass Digital Acquisition exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compass Digital's Standard Deviation of 0.4691, risk adjusted performance of (0.01), and Mean Deviation of 0.1489 to double-check the risk estimate we provide.
Compass Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Compass |
Sharpe Ratio = -0.147
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CDAQ |
Estimated Market Risk
0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Compass Digital 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 Digital by adding Compass Digital to a well-diversified portfolio.
Compass Digital Main Headline on 6th of September 2024
EEW Renewables, a Global Renewable Energy Developer, and Com... by globenewswire.com
EEW Renewables Ltd is a global utility-scale renewable energy project developer across Europe and Australia with expertise across...
Compass Digital Valuation on September 6, 2024
It is possible to determine the worth of Compass Digital on a given historical date. On September 6, 2024 Compass was worth 10.82 at the beginning of the trading date compared to the closed value of 10.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compass Digital stock. Still, in general, we apply an absolute valuation method to find Compass Digital'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 Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Compass Digital's related companies.
Open | High | Low | Close | Volume | |
10.79 | 10.79 | 10.79 | 10.79 | 1.00 | |
09/06/2024 | 10.82 | 10.82 | 10.81 | 10.81 | 21,732 |
10.80 | 10.89 | 10.80 | 10.89 | 9,114 |
Backtest Compass Digital | | | Compass Digital History | | | Compass Digital Valuation | Previous | Next |
Compass Digital Trading Date Momentum on September 6, 2024
On September 09 2024 Compass Digital Acquisition was traded for 10.89 at the closing time. The top price for the day was 10.89 and the lowest listed price was 10.80 . The trading volume for the day was 9.1 K. The trading history from September 9, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 0.74% . The overall trading delta against the current closing price is 0.19% . |
Compass Digital Acqu Fundamentals Correlations and Trends
By evaluating Compass Digital'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 Digital'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 Digital Stock history
Compass Digital 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 Digital Acqu 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 Digital stock prices may prove useful in developing a viable investing in Compass Digital
Compass Digital Acquisition Corp. does not have significant operations. Compass Digital Acquisition Corp. was incorporated in 2021 and is based in Dallas, Texas. Compass Digital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Compass Digital Stock Technical Analysis
Compass Digital technical 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Compass Digital Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Compass Digital Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Digital December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Compass Digital 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 Digital shares will generate the highest return on investment. By undertsting and applying Compass Digital stock market strength indicators, traders can identify Compass Digital Acquisition entry and exit signals to maximize returns
Compass Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Compass Digital's price direction in advance. Along with the technical and fundamental analysis of Compass 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 | (0.01) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (1.41) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 nation. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Compass Stock
If you are still planning to invest in Compass Digital Acqu check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Compass Digital's history and understand the potential risks before investing.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |