Compass Diversified Holdings Stock Price Prediction

CODI Stock  USD 24.07  0.03  0.12%   
As of 29th of March 2024, The relative strength index (RSI) of Compass Diversified's share price is at 52 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Compass Diversified, making its price go up or down.

Oversold Vs Overbought

52

 
Oversold
 
Overbought
Compass Diversified stock price prediction is an act of determining the future value of Compass Diversified shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Compass Diversified's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Compass Diversified and does not consider all of the tangible or intangible factors available from Compass Diversified's fundamental data. We analyze noise-free headlines and recent hype associated with Compass Diversified Holdings, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Compass Diversified's stock price prediction:
Quarterly Earnings Growth
(0.13)
EPS Estimate Next Quarter
0.47
EPS Estimate Current Year
2.09
EPS Estimate Next Year
2.38
Wall Street Target Price
29
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Compass Diversified based on different types of headlines from major news networks to social media. The Compass stock price prediction module provides an analysis of price elasticity to changes in media outlook on Compass Diversified over a specific investment horizon. Using Compass Diversified hype-based prediction, you can estimate the value of Compass Diversified Holdings from the perspective of Compass Diversified response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Compass Diversified using Compass Diversified's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Compass using crowd psychology based on the activity and movement of Compass Diversified's stock price.

Compass Diversified Short Interest

A significant increase or decrease in Compass Diversified's short interest from the previous month could be a good indicator of investor sentiment towards Compass. Short interest can provide insight into the potential direction of Compass Diversified stock and how bullish or bearish investors feel about the market overall. An investor who is long Compass Diversified may also wish to track short interest. As short interest increases, investors should be becoming more worried about Compass Diversified and may potentially protect profits, hedge Compass Diversified with its derivative instruments, or be ready for some potential downside.
200 Day MA
21.1148
Short Percent
0.0165
Short Ratio
4.93
Shares Short Prior Month
803.2 K
50 Day MA
22.8918

Compass Diversified Hype to Price Pattern

Investor biases related to Compass Diversified's public news can be used to forecast risks associated with an investment in Compass. The trend in average sentiment can be used to explain how an investor holding Compass can time the market purely based on public headlines and social activities around Compass Diversified Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Compass Diversified's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Compass Diversified.

Compass Diversified Implied Volatility

    
  0.0  
Compass Diversified's implied volatility exposes the market's sentiment of Compass Diversified Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Compass Diversified's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Compass Diversified stock will not fluctuate a lot when Compass Diversified's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Compass Diversified. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Compass Diversified to buy its stock at a price that has no basis in reality. In that case, they are not buying Compass because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Compass Diversified after-hype prediction price

    
  USD 24.07  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Compass Diversified Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Compass Diversified's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
21.9223.5125.10
Details
Naive
Forecast
LowNextHigh
21.8823.4725.05
Details
8 Analysts
Consensus
LowTargetHigh
24.5727.0029.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.370.440.51
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Compass Diversified. Your research has to be compared to or analyzed against Compass Diversified's peers to derive any actionable benefits. When done correctly, Compass Diversified's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Compass Diversified.

Compass Diversified After-Hype Price Prediction Density Analysis

As far as predicting the price of Compass Diversified at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Compass Diversified or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Compass Diversified, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Compass Diversified Estimiated After-Hype Price Volatility

In the context of predicting Compass Diversified's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Compass Diversified's historical news coverage. Compass Diversified's after-hype downside and upside margins for the prediction period are 22.48 and 25.66, respectively. We have considered Compass Diversified's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
24.07
24.07
After-hype Price
25.66
Upside
Compass Diversified is very steady at this time. Analysis and calculation of next after-hype price of Compass Diversified is based on 3 months time horizon.

Compass Diversified Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Compass Diversified is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Compass Diversified backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Compass Diversified, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.13 
1.60
  0.01 
  0.01 
10 Events / Month
2 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
24.07
24.07
0.00 
2,000  
Notes

Compass Diversified Hype Timeline

Compass Diversified is currently traded for 24.07. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.01. Compass is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.13%. %. The volatility of related hype on Compass Diversified is about 3600.0%, with the expected price after the next announcement by competition of 24.08. About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.77. Some equities with similar Price to Book (P/B) outperform the market in the long run. Compass Diversified has Price/Earnings To Growth (PEG) ratio of 2.71. The entity recorded a loss per share of 1.71. The firm last dividend was issued on the 17th of January 2024. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days.
Check out Compass Diversified Basic Forecasting Models to cross-verify your projections.

Compass Diversified Related Hype Analysis

Having access to credible news sources related to Compass Diversified's direct competition is more important than ever and may enhance your ability to predict Compass Diversified's future price movements. Getting to know how Compass Diversified rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Compass Diversified may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CODI-PACompass Diversified 0.00 0 per month 0.94 (0) 2.53 (1.62) 6.26 
CODI-PBCompass Diversified 0.00 0 per month 0.97 (0.08) 1.56 (2.03) 5.15 
CODI-PCCompass Diversified 0.00 0 per month 0.46 (0.17) 0.92 (0.79) 3.05 
SPLP-PASteel Partners Holdings 0.00 0 per month 0.29 (0.08) 0.84 (0.71) 1.87 
MDUMDU Resources Group(0.36)9 per month 0.58  0.21  2.43 (1.22) 4.84 
TUSKMammoth Energy Services 0.15 9 per month 0.00 (0.15) 5.00 (4.86) 17.31 
YCBD-PACbdMD Inc 0.00 0 per month 3.06  0.02  5.71 (6.67) 29.78 
IMAXImax Corp 0.61 10 per month 1.60  0  3.55 (2.68) 15.87 
AXILAXIL Brands 0.00 0 per month 6.47  0.09  10.62 (13.27) 56.32 

Compass Diversified Additional Predictive Modules

Most predictive techniques to examine Compass price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Compass using various technical indicators. When you analyze Compass charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Compass Diversified Predictive Indicators

The successful prediction of Compass Diversified stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Compass Diversified Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Compass Diversified based on analysis of Compass Diversified hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Compass Diversified's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Compass Diversified's related companies.
 2021 2022 2024 (projected)
Dividend Yield0.10.07370.0981
Price To Sales Ratio1.090.570.58

Story Coverage note for Compass Diversified

The number of cover stories for Compass Diversified depends on current market conditions and Compass Diversified's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Compass Diversified is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Compass Diversified's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Compass Diversified Short Properties

Compass Diversified's future price predictability will typically decrease when Compass Diversified's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Compass Diversified Holdings often depends not only on the future outlook of the potential Compass Diversified's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Compass Diversified's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding72.1 M
Cash And Short Term Investments450.5 M
When determining whether Compass Diversified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Compass Diversified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compass Diversified Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compass Diversified Holdings Stock:
Check out Compass Diversified Basic Forecasting Models to cross-verify your projections.
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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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
(1.71)
Revenue Per Share
28.554
Quarterly Revenue Growth
0.039
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.