Compass Minerals International Stock Technical Analysis

CMP Stock  USD 13.24  0.22  1.63%   
As of the 23rd of April, Compass Minerals shows the Standard Deviation of 4.45, risk adjusted performance of (0.06), and Mean Deviation of 3.22. Compass Minerals Int technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for thirteen technical drivers for Compass Minerals International, which can be compared to its peers. Please confirm Compass Minerals Int standard deviation and value at risk to decide if Compass Minerals Int is priced correctly, providing market reflects its regular price of 13.24 per share. Given that Compass Minerals has information ratio of (0.13), we suggest you to validate Compass Minerals International's prevailing market performance to make sure the company can sustain itself at a future point.

Compass Minerals Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Compass, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Compass
  
Compass Minerals' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Compass Minerals Analyst Consensus

Target PriceAdvice# of Analysts
49.17Buy8Odds
Compass Minerals International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Compass analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Compass stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Compass Minerals Int, talking to its executives and customers, or listening to Compass conference calls.
Compass Analyst Advice Details
Compass Minerals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Compass Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Compass Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Compass Minerals Int Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Compass Minerals Int volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Compass Minerals Int Trend Analysis

Use this graph to draw trend lines for Compass Minerals International. You can use it to identify possible trend reversals for Compass Minerals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Compass Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Compass Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Compass Minerals International applied against its price change over selected period. The best fit line has a slop of   0.19  , which may imply that the returns on investment in Compass Minerals International will continue to fail. It has 122 observation points and a regression sum of squares at 1337.84, which is the sum of squared deviations for the predicted Compass Minerals price change compared to its average price change.

About Compass Minerals Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Compass Minerals International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Compass Minerals International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Compass Minerals Int price pattern first instead of the macroeconomic environment surrounding Compass Minerals Int. By analyzing Compass Minerals's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Compass Minerals's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Compass Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 2024 (projected)
Dividend Yield0.0470.04210.02180.068
Price To Sales Ratio1.42.080.951.26

Compass Minerals April 23, 2024 Technical Indicators

Most technical analysis of Compass help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Compass from various momentum indicators to cycle indicators. When you analyze Compass charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Compass Minerals April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Compass stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Compass Minerals Int is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Compass Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Compass Minerals International Stock. Highlighted below are key reports to facilitate an investment decision about Compass Minerals International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Minerals International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Compass Stock analysis

When running Compass Minerals' price analysis, check to measure Compass Minerals' 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 Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Compass Minerals' 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 Minerals. 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 Minerals 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
(0.92)
Dividend Share
2.88
Earnings Share
(1.45)
Revenue Per Share
44.542
Quarterly Revenue Growth
(0.25)
The market value of Compass Minerals Int 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 Minerals' value that differs from its market value or its book value, called intrinsic value, which is Compass Minerals' 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 Minerals' market value can be influenced by many factors that don't directly affect Compass Minerals' 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 Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Minerals' 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.