Compass Digital Acquisition Stock Today
| CDAQU Stock | USD 10.73 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 67
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Compass Digital is selling for under 10.73 as of the 7th of May 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 10.73. Compass Digital has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Compass Digital Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of May 2022 and ending today, the 7th of May 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 15th of October 2021 | Classification Financials |
Compass Digital Acquisition Corp. does not have significant operations. Compass Digital Acquisition Corp. was incorporated in 2021 and is based in Dallas, Texas. Compass Digital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange. The company has 0 outstanding shares of which 304 shares are currently shorted by private and institutional investors with about 60.8 days to cover all short positions. More on Compass Digital Acquisition
Moving against Compass Stock
| 0.77 | EVR | Evercore Partners | PairCorr |
| 0.65 | WT | WisdomTree | PairCorr |
| 0.59 | TW | Tradeweb Markets Normal Trading | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Compass Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Compass Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Compass Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Thomas Hennessy | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Trading (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Trading, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Compass Digital's profitability, liquidity, and operating efficiency, Compass Digital Acquisition is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of Compass Digital Acqu is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Compass Digital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Compass Digital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
| Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Compass Digital's financial leverage. It provides some insight into what part of Compass Digital's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||
Compass Digital Acquisition (CDAQU) is traded on NASDAQ Exchange in USA. It is located in 3626 North Hall Street, Dallas, TX, United States, 75219 and employs 4 people. Compass Digital is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company classifies itself under Capital Markets sector and is part of Financials industry. Compass Digital Acqu has 0 outstanding shares of which 304 shares are currently shorted by private and institutional investors with about 60.8 days to cover all short positions.
Compass Digital Acquisition has accumulated about 1.23 M in cash with (1.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Compass Digital Probability Of Bankruptcy
Compass Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Compass Digital jumping above the current price in 90 days from now is about 21.64%. The Compass Digital Acquisition probability density function shows the probability of Compass Digital stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Compass Digital Acquisition has a beta of -0.0323 suggesting as returns on the benchmark increase, returns on holding Compass Digital are expected to decrease at a much lower rate. During a bear market, however, Compass Digital Acquisition is likely to outperform the market. Additionally, compass Digital Acquisition has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Compass Digital to move above the current price in 90 days from now is about 21.64 (This Compass Digital Acquisition probability density function shows the probability of Compass Stock to fall within a particular range of prices over 90 days) .
Compass Digital Historical Income Statement
Compass Digital Acquisition Income Statement is one of the three primary financial statements used for reporting Compass's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Compass Digital Acqu revenue and expense. Compass Digital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More FundamentalsCompass Stock Against Markets
Picking the right benchmark for Compass Digital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Compass Digital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Compass Digital is critical whether you are bullish or bearish towards Compass Digital Acquisition at a given time. Please also check how Compass Digital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Compass Digital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
How to buy Compass Stock?
Before investing in Compass Digital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Compass Digital. To buy Compass Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Compass Digital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Compass Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Compass Digital Acquisition stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Compass Digital Acquisition stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Compass Digital Acquisition, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Compass Stock please use our How to Invest in Compass Digital guide.
Already Invested in Compass Digital Acquisition?
The danger of trading Compass Digital Acquisition is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Compass Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Compass Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Compass Digital Acqu is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Compass Digital Acqu is a strong investment it is important to analyze Compass Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Compass Digital's future performance. For an informed investment choice regarding Compass Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Digital Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Compass Stock analysis
When running Compass Digital's price analysis, check to measure Compass Digital'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 Digital is operating at the current time. Most of Compass Digital's value examination focuses on studying past and present price action to predict the probability of Compass Digital'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 Digital's price. Additionally, you may evaluate how the addition of Compass Digital to your portfolios can decrease your overall portfolio volatility.
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Is Compass Digital'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 Digital. 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 Digital 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 (0.23) | Earnings Share (0.59) | Return On Assets (0.03) |
The market value of Compass Digital Acqu 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is Compass Digital'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 Digital's market value can be influenced by many factors that don't directly affect Compass Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Digital'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.