Compass Digital Acquisition Price on May 24, 2024

CDAQWDelisted Stock  USD 0.06  0.0005  0.80%   
If you're considering investing in Compass Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Compass Digital stands at 0.06, as last reported on the 7th of January, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. Compass Digital Acqu secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Compass Digital Acquisition exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compass Digital's Mean Deviation of 10.23, downside deviation of 19.52, and Risk Adjusted Performance of 0.0885 to double-check the risk estimate we provide.
  
Compass Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1094

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Estimated Market Risk

 12.31
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.35
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  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 Valuation on May 24, 2024

It is possible to determine the worth of Compass Digital on a given historical date. On May 24, 2024 Compass was worth 0.0504 at the beginning of the trading date compared to the closed value of 0.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compass Digital pink sheet. 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
  0.06    0.06    0.05    0.06    1.00  
05/24/2024
  0.05    0.06    0.05    0.06    1.00  
  0.05    0.05    0.05    0.05    11,400  
Backtest Compass Digital  |  Compass Digital History  |  Compass Digital Valuation   PreviousNext  
Open Value
0.0504
0.0006
Downside
0.06
Closing Value
36.99
Upside

Compass Digital Trading Date Momentum on May 24, 2024

On May 29 2024 Compass Digital Acquisition was traded for  0.05  at the closing time. The highest daily price throughout the period was 0.05  and the lowest price was  0.05 . The daily volume was 11.4 K. The net trading volume on 05/29/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 16.67% . The overall trading delta to current closing price is 31.50% .

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 Pink Sheet 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. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas. Compass Digital is traded on NASDAQ Exchange in the United States.

Compass Digital Pink Sheet Technical Analysis

Compass Digital technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Compass Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Compass Digital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Compass Digital Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Compass Digital Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Compass Digital pink sheet 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 pink sheet 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 Pink Sheet 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.
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 producer price index.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Compass Pink Sheet

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.
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