Compass Digital Acquisition Stock Fundamentals
Compass Digital Acquisition fundamentals help investors to digest information that contributes to Compass Digital's financial success or failures. It also enables traders to predict the movement of Compass Stock. The fundamental analysis module provides a way to measure Compass Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Compass Digital stock.
Compass |
Compass Digital Acquisition Company Shares Owned By Insiders Analysis
Compass Digital's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Compass Digital Shares Owned By Insiders | 43.43 % |
Most of Compass Digital's fundamental indicators, such as Shares Owned By Insiders, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Compass Digital Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
CompetitionBased on the latest financial disclosure, 43.432% of Compass Digital Acquisition are shares owned by insiders. This is 362.04% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The shares owned by insiders for all United States stocks is notably lower than that of the firm.
Compass Digital Acqu Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Compass Digital's current stock value. Our valuation model uses many indicators to compare Compass Digital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Compass Digital competition to find correlations between indicators driving Compass Digital's intrinsic value. More Info.Compass Digital Acquisition is rated below average in return on asset category among its peers. It is rated third in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Compass Digital by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Compass Shares Owned By Insiders Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Compass Digital's direct or indirect competition against its Shares Owned By Insiders to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Compass Digital could also be used in its relative valuation, which is a method of valuing Compass Digital by comparing valuation metrics of similar companies.Compass Digital is currently under evaluation in shares owned by insiders category among its peers.
Compass Fundamentals
| Return On Asset | -0.0253 | |||
| Current Valuation | 83.72 M | |||
| Shares Outstanding | 5.68 M | |||
| Shares Owned By Insiders | 43.43 % | |||
| Shares Owned By Institutions | 91.53 % | |||
| Number Of Shares Shorted | 452 | |||
| Price To Book | 1.53 X | |||
| EBITDA | (2.05 M) | |||
| Net Income | 4.39 K | |||
| Cash And Equivalents | 1.23 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 125 K | |||
| Current Ratio | 13.89 X | |||
| Book Value Per Share | (0.17) X | |||
| Cash Flow From Operations | (1.18 K) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.38) X | |||
| Beta | 0.005 | |||
| Market Capitalization | 83.68 M | |||
| Total Asset | 55.43 M | |||
| Retained Earnings | (1.37 M) | |||
| Working Capital | 299.07 K | |||
| Net Asset | 55.43 M |
Pair Trading with Compass Digital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass Digital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fastenal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fastenal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fastenal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fastenal Company to buy it.
The correlation of Fastenal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fastenal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fastenal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fastenal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
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