Compass Correlations
| COMP Stock | USD 10.42 0.08 0.76% |
The current 90-days correlation between Compass and Amer Sports, is 0.3 (i.e., Weak diversification). The correlation of Compass 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Compass Correlation With Market
Modest diversification
The correlation between Compass and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Compass and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Compass Stock
Moving against Compass Stock
| 0.66 | RXT | Rackspace Technology | PairCorr |
| 0.65 | TTD | Trade Desk | PairCorr |
| 0.53 | EVPL | Everplay Group PLC | PairCorr |
| 0.39 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.37 | 002410 | Glodon Software | PairCorr |
| 0.36 | GWRE | Guidewire Software Earnings Call This Week | PairCorr |
| 0.32 | CALSOFT | California Software | PairCorr |
| 0.65 | TNE | Technology One | PairCorr |
| 0.46 | APTD | Aptitude Software | PairCorr |
| 0.42 | CRM | SalesforceCom CDR Earnings Call Today | PairCorr |
| 0.38 | 300378 | Digiwin Software | PairCorr |
Related Correlations Analysis
| -0.77 | 0.44 | 0.78 | 0.28 | 0.0 | 0.31 | RTTGF | ||
| -0.77 | -0.49 | -0.78 | -0.01 | 0.0 | -0.39 | AS | ||
| 0.44 | -0.49 | 0.67 | -0.3 | 0.0 | 0.9 | USGO | ||
| 0.78 | -0.78 | 0.67 | -0.04 | 0.0 | 0.61 | ZIJMF | ||
| 0.28 | -0.01 | -0.3 | -0.04 | 0.0 | -0.43 | TNL | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | UILCY | ||
| 0.31 | -0.39 | 0.9 | 0.61 | -0.43 | 0.0 | LPL | ||
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Compass Stock performing well and Compass Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Compass' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RTTGF | 0.54 | 0.28 | 0.00 | (5.94) | 0.00 | 1.10 | 9.09 | |||
| AS | 1.66 | (0.20) | 0.00 | (0.12) | 0.00 | 3.98 | 9.63 | |||
| USGO | 3.22 | 0.23 | 0.06 | 0.26 | 3.44 | 7.42 | 36.32 | |||
| ZIJMF | 2.72 | 0.41 | 0.08 | (1.38) | 3.43 | 4.88 | 16.38 | |||
| TNL | 1.47 | 0.12 | 0.06 | 0.20 | 1.63 | 2.74 | 22.05 | |||
| UILCY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LPL | 1.80 | (0.02) | (0.02) | 0.02 | 2.24 | 3.50 | 15.81 |
Compass Corporate Management
| Richard Simonelli | Vice Relations | Profile | |
| Ashley Donat | Head Coaching | Profile | |
| Soham CFA | Head Relations | Profile | |
| Ethan Glass | Chief Officer | Profile | |
| Greg Hart | Chief Product Officer | Profile |