Compass Diversified Holdings Stock Alpha and Beta Analysis
| CODI Stock | USD 23.44 0.42 1.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Compass Diversified Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Compass Diversified over a specified time horizon. Remember, high Compass Diversified's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Compass Diversified's market risk premium analysis include:
Beta 1.29 | Alpha 0.007283 | Risk 1.74 | Sharpe Ratio 0.0785 | Expected Return 0.14 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Compass |
Compass Diversified Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Compass Diversified market risk premium is the additional return an investor will receive from holding Compass Diversified long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Compass Diversified. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Compass Diversified's performance over market.| α | 0.01 | β | 1.29 |
Compass Diversified expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Compass Diversified's Buy-and-hold return. Our buy-and-hold chart shows how Compass Diversified performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Compass Diversified Market Price Analysis
Market price analysis indicators help investors to evaluate how Compass Diversified 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 Diversified shares will generate the highest return on investment. By understating and applying Compass Diversified stock market price indicators, traders can identify Compass Diversified position entry and exit signals to maximize returns.
Compass Diversified Return and Market Media
The median price of Compass Diversified for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 21.39 with a coefficient of variation of 3.89. The daily time series for the period is distributed with a sample standard deviation of 0.83, arithmetic mean of 21.46, and mean deviation of 0.66. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by Stephen Keller of Compass Diversified subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Stephen Keller of 5000 shares of Compass Diversified at 21.63 subject to Rule 16b-3 | 09/19/2024 |
3 | SPC Financial Inc. Reduces Position in Compass Diversified | 10/18/2024 |
| Compass Diversified dividend paid on 24th of October 2024 | 10/24/2024 |
4 | Compass Inc Reports Q3 2024 Revenue of 1.5 Billion, Slightly Surpassing Estimates | 10/30/2024 |
5 | Compass Diversified Q3 2024 Earnings Call Transcript | 11/01/2024 |
6 | Vanguard Group Incs Strategic Acquisition of Compass Inc Shares | 11/05/2024 |
7 | Contract Catering Market Focused Insights Report 2024-2029 with Exclusive Data on 70 Vendors Including Aramark, Avolta, Compass, Delaware North, Elior, ISS, OCS... | 11/07/2024 |
8 | Book Review Four Points of the Compass, by Jerry Brotton | 11/12/2024 |
9 | Compass CEO Robert Reffkin sells 2.64 million in stock | 11/13/2024 |
10 | BXP lagging NYC-focused rivals even with a higher average quality portfolio Compass | 11/14/2024 |
11 | Compass Minerals stock surges on report of takeover interest | 11/15/2024 |
12 | Compass Mining Expands into Iowa with New 30 MW Bitcoin Mining Facility | 11/19/2024 |
13 | Compass Digital Acquisition Corp. issues 2.5 million promissory note | 11/21/2024 |
About Compass Diversified Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Compass or other stocks. Alpha measures the amount that position in Compass Diversified has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0876 | 0.0737 | 0.097 | Price To Sales Ratio | 1.09 | 0.57 | 0.58 |
Compass Diversified Upcoming Company Events
As portrayed in its financial statements, the presentation of Compass Diversified's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Compass Diversified's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Compass Diversified's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Compass Diversified. Please utilize our Beneish M Score to check the likelihood of Compass Diversified's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Compass Diversified
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Compass Diversified Backtesting, Compass Diversified Valuation, Compass Diversified Correlation, Compass Diversified Hype Analysis, Compass Diversified Volatility, Compass Diversified History and analyze Compass Diversified Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Compass Diversified 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, stock market cycles, or different charting patterns.