Compass Digital Acquisition Price on June 25, 2024
| CDAQWDelisted Stock | USD 0.06 0.0005 0.80% |
If you're considering investing in Compass Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Compass Digital stands at 0.06, as last reported on the 1st of December, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. Compass Digital appears to be out of control, given 3 months investment horizon. Compass Digital Acqu secures Sharpe Ratio (or Efficiency) of 0.0829, which signifies that the company had a 0.0829% return per unit of risk over the last 3 months. By analyzing Compass Digital's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please makes use of Compass Digital's Downside Deviation of 19.52, risk adjusted performance of 0.084, and Mean Deviation of 10.23 to double-check if our risk estimates are consistent with your expectations.
Compass Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Compass |
Sharpe Ratio = 0.0829
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Estimated Market Risk
| 9.51 actual daily | 84 84% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Compass Digital is performing at about 6% 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 Digital by adding it to a well-diversified portfolio.
Compass Digital Valuation on June 25, 2024
It is possible to determine the worth of Compass Digital on a given historical date. On June 25, 2024 Compass was worth 0.0435 at the beginning of the trading date compared to the closed value of 0.051. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Compass Digital pink sheet. 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 | |
| 0.03 | 0.05 | 0.03 | 0.04 | 68,971 | |
06/25/2024 | 0.04 | 0.05 | 0.04 | 0.05 | 126,202 |
| 0.06 | 0.06 | 0.06 | 0.06 | 1,418 |
| Backtest Compass Digital | | | Compass Digital History | | | Compass Digital Valuation | Previous | Next |
Compass Digital Trading Date Momentum on June 25, 2024
| On June 26 2024 Compass Digital Acquisition was traded for 0.06 at the closing time. The highest daily price throughout the period was 0.06 and the lowest price was 0.06 . The daily volume was 1.4 K. The net trading volume on 06/26/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 13.73% . The overall trading delta to current closing price is 17.45% . |
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 Pink Sheet 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. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas. Compass Digital is traded on NASDAQ Exchange in the United States.
Compass Digital Pink Sheet Technical Analysis
Compass Digital technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Compass Digital Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Compass Digital Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Compass Digital pink sheet 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 pink sheet 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 Pink Sheet 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.
| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 1.47 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.069 | |||
| Treynor Ratio | 29.2 |
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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 producer price index. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Compass Pink Sheet
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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