Compass Reconciled Depreciation from 2010 to 2024

CODI Stock  USD 22.13  0.04  0.18%   
Compass Diversified's Reconciled Depreciation is increasing with slightly volatile movements from year to year. Reconciled Depreciation is predicted to flatten to about 131.2 M. For the period between 2010 and 2024, Compass Diversified, Reconciled Depreciation quarterly trend regression had mean deviation of  11,600,117 and range of 70.2 M. View All Fundamentals
 
Reconciled Depreciation  
First Reported
2006-06-30
Previous Quarter
25.4 M
Current Value
37.2 M
Quarterly Volatility
9.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0996 or PTB Ratio of 0.93. Compass financial statements analysis is a perfect complement when working with Compass Diversified Valuation or Volatility modules.
  
This module can also supplement Compass Diversified's financial leverage analysis and stock options assessment as well as various Compass Diversified Technical models . Check out the analysis of Compass Diversified Correlation against competitors.

Latest Compass Diversified's Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of Compass Diversified Holdings over the last few years. It is Compass Diversified's Reconciled Depreciation 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.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

Compass Reconciled Depreciation Regression Statistics

Arithmetic Mean115,746,888
Geometric Mean114,728,237
Coefficient Of Variation14.20
Mean Deviation11,600,117
Median110,051,000
Standard Deviation16,433,079
Sample Variance270T
Range70.2M
R-Value0.53
Mean Square Error207.7T
R-Squared0.29
Significance0.04
Slope1,964,465
Total Sum of Squares3780.6T

Compass Reconciled Depreciation History

2024131.2 M
2023157.5 M
2022138.8 M
2021117.6 M
2020102.8 M
201987.3 M
2018120.6 M

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 Reconciled Depreciation, 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 ReportedProjected for Next Year
Reconciled Depreciation157.5 M131.2 M

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

  0.7AB AllianceBernsteinPairCorr

Moving against Compass Stock

  0.58CDAQU Compass Digital AcquPairCorr
  0.45SF Stifel Financial Financial Report 24th of July 2024 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.
Pair CorrelationCorrelation Matching
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 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
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
0.083
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.