COMPASS GROUP (Germany) Market Value
| XGR Stock | EUR 31.00 0.20 0.64% |
| Symbol | COMPASS |
COMPASS GROUP '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 GROUP's 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 GROUP.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in COMPASS GROUP on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding COMPASS GROUP or generate 0.0% return on investment in COMPASS GROUP over 180 days. COMPASS GROUP is related to or competes with McDonalds, Starbucks, and Compass Group. Compass Group PLC, together with its subsidiaries, operates as a food and support services company in North America, Eur... More
COMPASS GROUP 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 GROUP's 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 GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.0809 | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 2.16 |
COMPASS GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COMPASS GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COMPASS GROUP's standard deviation. In reality, there are many statistical measures that can use COMPASS GROUP historical prices to predict the future COMPASS GROUP's volatility.| Risk Adjusted Performance | 0.1424 | |||
| Jensen Alpha | 0.2115 | |||
| Total Risk Alpha | 0.0279 | |||
| Sortino Ratio | 0.0824 | |||
| Treynor Ratio | 4.57 |
COMPASS GROUP Backtested Returns
COMPASS GROUP appears to be very steady, given 3 months investment horizon. COMPASS GROUP secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for COMPASS GROUP, which you can use to evaluate the volatility of the firm. Please makes use of COMPASS GROUP's mean deviation of 0.9668, and Risk Adjusted Performance of 0.1424 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, COMPASS GROUP holds a performance score of 14. The firm shows a Beta (market volatility) of 0.0475, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COMPASS GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding COMPASS GROUP is expected to be smaller as well. Please check COMPASS GROUP's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether COMPASS GROUP's price patterns will revert.
Auto-correlation | 0.75 |
Good predictability
COMPASS GROUP has good predictability. Overlapping area represents the amount of predictability between COMPASS GROUP time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 2024. 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 GROUP price movement. The serial correlation of 0.75 indicates that around 75.0% of current COMPASS GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
COMPASS GROUP lagged returns against current returns
Autocorrelation, which is COMPASS GROUP 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 GROUP's stock expected returns. We can calculate the autocorrelation of COMPASS GROUP returns to help us make a trade decision. For example, suppose you find that COMPASS GROUP 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 GROUP 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 GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COMPASS GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COMPASS GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
COMPASS GROUP Lagged Returns
When evaluating COMPASS GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COMPASS GROUP stock have on its future price. COMPASS GROUP 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 GROUP autocorrelation shows the relationship between COMPASS GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in COMPASS GROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COMPASS Stock
COMPASS GROUP financial ratios help investors to determine whether COMPASS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COMPASS with respect to the benefits of owning COMPASS GROUP security.