Compass Book Value Per Share from 2010 to 2024
| CODI Stock | USD 21.68 0.35 1.64% |
Book Value Per Share | First Reported 2010-12-31 | Previous Quarter 18.40024964 | Current Value 11.86 | Quarterly Volatility 3.42112613 |
Check Compass Diversified financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Compass main balance sheet or income statement drivers, such as Interest Expense of 110.4 M, Selling General Administrative of 65 M or Total Revenue of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0969 or PTB Ratio of 0.93. Compass financial statements analysis is a perfect complement when working with Compass Diversified Valuation or Volatility modules.
Compass | Book Value Per Share |
Latest Compass Diversified's Book Value Per Share Growth Pattern
Below is the plot of the Book Value Per Share of Compass Diversified Holdings over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Compass Diversified's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Compass Diversified's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 12.57 X | 10 Years Trend |
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Book Value Per Share |
| Timeline |
Compass Book Value Per Share Regression Statistics
| Arithmetic Mean | 14.91 | |
| Geometric Mean | 14.50 | |
| Coefficient Of Variation | 22.94 | |
| Mean Deviation | 2.67 | |
| Median | 15.63 | |
| Standard Deviation | 3.42 | |
| Sample Variance | 11.70 | |
| Range | 11.5725 | |
| R-Value | 0.32 | |
| Mean Square Error | 11.35 | |
| R-Squared | 0.1 | |
| Significance | 0.25 | |
| Slope | 0.24 | |
| Total Sum of Squares | 163.86 |
Compass Book Value Per Share History
Other Fundumenentals of Compass Diversified
Compass Diversified Book Value Per Share component correlations
Click cells to compare fundamentals
About Compass Diversified Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Compass Diversified income statement, its balance sheet, and the statement of cash flows. Compass Diversified investors use historical funamental indicators, such as Compass Diversified's Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Compass Diversified investors may use each financial statement separately, they are all related. The changes in Compass Diversified's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Compass Diversified's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Compass Diversified Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Compass Diversified. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.40 | 11.86 | |
| Tangible Book Value Per Share | (4.24) | (4.46) |
Pair Trading with Compass Diversified
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass Diversified position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass Diversified will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.69 | AB | AllianceBernstein | PairCorr |
Moving against Compass Stock
| 0.66 | CDAQU | Compass Digital Acqu | PairCorr |
The ability to find closely correlated positions to Compass Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Diversified when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compass Diversified - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compass Diversified Holdings to buy it.
The correlation of Compass Diversified is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compass Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Diversified moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compass Diversified can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Compass Diversified Correlation against competitors. Note that the Compass Diversified information on this page should be used as a complementary analysis to other Compass Diversified's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Compass Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Compass Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
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Is Compass Diversified's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Compass Diversified. If investors know Compass will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Compass Diversified listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1 | Earnings Share (2.41) | Revenue Per Share 28.804 | Quarterly Revenue Growth (0.03) |
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.