Compass Diversified Holdings Preferred Stock Performance
| CODI-P-A | 24.40 0.10 0.41% |
Compass Diversified has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Compass Diversified are expected to decrease at a much lower rate. During the bear market, Compass Diversified is likely to outperform the market. Compass Diversified right now shows a risk of 0.86%. Please confirm Compass Diversified coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Compass Diversified will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Compass Diversified Holdings are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Compass Diversified is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Compass |
Compass Diversified Relative Risk vs. Return Landscape
If you would invest 2,393 in Compass Diversified Holdings on October 25, 2024 and sell it today you would earn a total of 37.00 from holding Compass Diversified Holdings or generate 1.55% return on investment over 90 days. Compass Diversified Holdings is generating 0.0296% of daily returns and assumes 0.8564% volatility on return distribution over the 90 days horizon. Simply put, 7% of preferred stocks are less volatile than Compass, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Compass Diversified Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compass Diversified's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Compass Diversified Holdings, and traders can use it to determine the average amount a Compass Diversified's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0346
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Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Compass Diversified is performing at about 2% of its full potential. 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 Diversified by adding it to a well-diversified portfolio.
Things to note about Compass Diversified performance evaluation
Checking the ongoing alerts about Compass Diversified for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Compass Diversified help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Compass Diversified's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Compass Diversified's preferred stock performance include:- Analyzing Compass Diversified's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Compass Diversified's stock is overvalued or undervalued compared to its peers.
- Examining Compass Diversified's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Compass Diversified's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Compass Diversified's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Compass Diversified's preferred stock. These opinions can provide insight into Compass Diversified's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Compass Preferred Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified's 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 Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
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