Compass Stock Forecast - Accumulation Distribution
| COMP Stock | USD 6.76 0.03 0.45% |
Compass Stock Forecast is based on your current time horizon. Although Compass' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Compass' systematic risk associated with finding meaningful patterns of Compass fundamentals over time.
Compass |
Open Interest Against 2025-03-21 Compass Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Compass' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Compass' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Compass stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Compass' open interest, investors have to compare it to Compass' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Compass is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Compass. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 166010.0 | 244905.0 |
| Check Compass Volatility | Backtest Compass | Trend Details |
Compass Trading Date Momentum
| On January 14 2025 Compass was traded for 5.58 at the closing time. The top price for the day was 5.72 and the lowest listed price was 5.42 . The trading volume for the day was 5.4 M. The trading history from January 14, 2025 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 3.72% . The overall trading delta against the current closing price is 27.14% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Compass to competition |
Other Forecasting Options for Compass
For every potential investor in Compass, whether a beginner or expert, Compass' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Compass Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Compass. Basic forecasting techniques help filter out the noise by identifying Compass' price trends.View Compass Related Equities
| Risk & Return | Correlation |
Compass Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Compass' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Compass' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Compass Market Strength Events
Market strength indicators help investors to evaluate how Compass 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 shares will generate the highest return on investment. By undertsting and applying Compass stock market strength indicators, traders can identify Compass entry and exit signals to maximize returns.
| Accumulation Distribution | 182632.0 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.82 | |||
| Day Typical Price | 6.8 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | 0.03 |
Compass Risk Indicators
The analysis of Compass' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Compass' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compass stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.57 | |||
| Semi Deviation | 2.97 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.42 | |||
| Downside Variance | 10.65 | |||
| Semi Variance | 8.8 | |||
| Expected Short fall | (2.92) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Compass
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving against Compass Stock
| 0.64 | DBRG-PJ | DigitalBridge Group | PairCorr |
| 0.59 | UOKA | MDJM Symbol Change | PairCorr |
| 0.56 | DBRG-PI | DigitalBridge Group | PairCorr |
| 0.37 | BB | BlackBerry Downward Rally | PairCorr |
| 0.32 | WETH | Wetouch Technology Common | PairCorr |
The ability to find closely correlated positions to Compass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass 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 Compass - 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 Compass to buy it.
The correlation of Compass 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 Compass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass 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 Compass 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.Additional Tools for Compass Stock Analysis
When running Compass' price analysis, check to measure Compass' 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 is operating at the current time. Most of Compass' value examination focuses on studying past and present price action to predict the probability of Compass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass' price. Additionally, you may evaluate how the addition of Compass to your portfolios can decrease your overall portfolio volatility.