Compass Digital Acquisition Performance
| CDAQWDelisted Stock | USD 0.06 0.0005 0.80% |
On a scale of 0 to 100, Compass Digital holds a performance score of 6. The firm shows a Beta (market volatility) of 0.0505, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Compass Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compass Digital is expected to be smaller as well. Please check Compass Digital's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Compass Digital's price patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Compass Digital Acquisition are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Compass Digital showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 936.43 |
Compass |
Compass Digital Relative Risk vs. Return Landscape
If you would invest 6.00 in Compass Digital Acquisition on September 1, 2024 and sell it today you would earn a total of 0.33 from holding Compass Digital Acquisition or generate 5.5% return on investment over 90 days. Compass Digital Acquisition is currently producing 0.7886% returns and takes up 9.513% volatility of returns over 90 trading days. Put another way, 84% of traded pink sheets are less volatile than Compass, and 85% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Compass Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compass Digital's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Compass Digital Acquisition, and traders can use it to determine the average amount a Compass Digital'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 = 0.0829
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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 Fundamentals Growth
Compass Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Compass Digital, and Compass Digital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Compass Pink Sheet performance.
| Return On Asset | -0.0253 | |||
| EBITDA | (2.05 M) | |||
| Cash And Equivalents | 11.99 K | |||
| Total Debt | 125 K | |||
| Book Value Per Share | (0.17) X | |||
| Cash Flow From Operations | (1.18 K) | |||
| Total Asset | 55.43 M | |||
| Retained Earnings | (1.37 M) | |||
About Compass Digital Performance
Evaluating Compass Digital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Compass Digital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Compass Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Compass Digital Acqu performance evaluation
Checking the ongoing alerts about Compass Digital for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Compass Digital Acqu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Compass Digital Acqu is not yet fully synchronised with the market data | |
| Compass Digital Acqu is way too risky over 90 days horizon | |
| Compass Digital Acqu has some characteristics of a very speculative penny stock | |
| Compass Digital Acqu appears to be risky and price may revert if volatility continues | |
| Compass Digital Acqu has a very high chance of going through financial distress in the upcoming years | |
| Compass Digital Acquisition has accumulated about 11.99 K in cash with (1.18 K) of positive cash flow from operations. |
- Analyzing Compass Digital'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 Digital's stock is overvalued or undervalued compared to its peers.
- Examining Compass Digital'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 Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Compass Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Compass Digital's pink sheet. These opinions can provide insight into Compass Digital's potential for growth and whether the stock is currently undervalued or overvalued.
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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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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