Compass Digital Acquisition Price on August 6, 2024

CDAQDelisted Stock  USD 10.74  0.00  0.00%   
If you're considering investing in Compass Stock, it is important to understand the factors that can impact its price. As of today, the current price of Compass Digital stands at 10.74, as last reported on the 24th of November, with the highest price reaching 10.74 and the lowest price hitting 10.74 during the day. Compass Digital Acqu secures Sharpe Ratio (or Efficiency) of -0.016, which signifies that the company had a -0.016% return per unit of risk over the last 3 months. Compass Digital Acquisition exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compass Digital's Standard Deviation of 0.4691, mean deviation of 0.1489, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Compass Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.016

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Estimated Market Risk

 0.24
  actual daily
2
98% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  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 August 6, 2024

It is possible to determine the worth of Compass Digital on a given historical date. On August 6, 2024 Compass was worth 11.2 at the beginning of the trading date compared to the closed value of 10.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compass Digital stock. 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
  10.91    10.91    10.91    10.91    1.00  
08/06/2024
  11.20    11.20    10.89    10.90    62,246  
  10.90    10.90    10.90    10.90    22.00  
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Open Value
11.2
10.9
Closing Value
11.92
Upside

Compass Digital Trading Date Momentum on August 6, 2024

On August 07 2024 Compass Digital Acquisition was traded for  10.90  at the closing time. The top price for the day was 10.90  and the lowest listed price was  10.90 . The trading volume for the day was 22.0. The trading history from August 7, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.38% .

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 Stock 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. does not have significant operations. Compass Digital Acquisition Corp. was incorporated in 2021 and is based in Dallas, Texas. Compass Digital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Compass Digital Stock Technical Analysis

Compass Digital technical stock 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, delisted stock 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
November 24, 2024
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High

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Compass Digital Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Compass Digital 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 Digital shares will generate the highest return on investment. By undertsting and applying Compass Digital stock 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 Stock 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 nation.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the 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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