Compass Pathways Plc Stock Market Value
| CMPS Stock | USD 4.45 0.30 7.23% |
| Symbol | Compass |
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Compass Pathways. If investors know Compass will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Compass Pathways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Compass Pathways Plc is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Pathways' value that differs from its market value or its book value, called intrinsic value, which is Compass Pathways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Compass Pathways' market value can be influenced by many factors that don't directly affect Compass Pathways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Compass Pathways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Pathways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Pathways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Compass Pathways 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Compass Pathways' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Compass Pathways.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Compass Pathways on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Compass Pathways Plc or generate 0.0% return on investment in Compass Pathways over 30 days. Compass Pathways is related to or competes with InnovAge Holding, Agilon Health, US Physicalrapy, Enhabit, Ensign, Cross Country, and Amedisys. COMPASS Pathways plc operates as a mental health care company primarily in the United Kingdom and the United States More
Compass Pathways Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Compass Pathways' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Compass Pathways Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 28.83 | |||
| Value At Risk | (6.01) | |||
| Potential Upside | 5.72 |
Compass Pathways Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compass Pathways' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compass Pathways' standard deviation. In reality, there are many statistical measures that can use Compass Pathways historical prices to predict the future Compass Pathways' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.6147 |
Compass Pathways Plc Backtested Returns
Compass Pathways Plc secures Sharpe Ratio (or Efficiency) of -0.0771, which signifies that the company had a -0.0771% return per unit of risk over the last 3 months. Compass Pathways Plc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compass Pathways' Standard Deviation of 5.08, risk adjusted performance of (0.06), and Mean Deviation of 3.11 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Compass Pathways are expected to decrease at a much lower rate. During the bear market, Compass Pathways is likely to outperform the market. At this point, Compass Pathways Plc has a negative expected return of -0.38%. Please make sure to confirm Compass Pathways' maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Compass Pathways Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.04 |
Very weak reverse predictability
Compass Pathways Plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Compass Pathways time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Compass Pathways Plc price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Compass Pathways price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Compass Pathways Plc lagged returns against current returns
Autocorrelation, which is Compass Pathways stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Compass Pathways' stock expected returns. We can calculate the autocorrelation of Compass Pathways returns to help us make a trade decision. For example, suppose you find that Compass Pathways has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Compass Pathways regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Compass Pathways stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compass Pathways stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compass Pathways stock over time.
Current vs Lagged Prices |
| Timeline |
Compass Pathways Lagged Returns
When evaluating Compass Pathways' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compass Pathways stock have on its future price. Compass Pathways autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Compass Pathways autocorrelation shows the relationship between Compass Pathways stock current value and its past values and can show if there is a momentum factor associated with investing in Compass Pathways Plc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Compass Stock Analysis
When running Compass Pathways' price analysis, check to measure Compass Pathways' 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 Pathways is operating at the current time. Most of Compass Pathways' value examination focuses on studying past and present price action to predict the probability of Compass Pathways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Pathways' price. Additionally, you may evaluate how the addition of Compass Pathways to your portfolios can decrease your overall portfolio volatility.