Compass Long Term Investments from 2010 to 2024
| CMP Stock | USD 13.04 0.42 3.33% |
Long Term Investments | First Reported 2015-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 35.5 M |
Check Compass Minerals 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 Depreciation And Amortization of 103.5 M, Interest Expense of 45.6 M or Selling General Administrative of 107.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.068 or PTB Ratio of 6.22. Compass financial statements analysis is a perfect complement when working with Compass Minerals Valuation or Volatility modules.
Compass | Long Term Investments |
Latest Compass Minerals' Long Term Investments Growth Pattern
Below is the plot of the Long Term Investments of Compass Minerals International over the last few years. Long Term Investments is an item on the asset side of Compass Minerals balance sheet that represents investments Compass Minerals Int intends to hold for over a year. Compass Minerals International long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Compass Minerals' Long Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Compass Minerals' overall financial position and show how it may be relating to other accounts over time.
| Long Term Investments | 10 Years Trend |
|
Long Term Investments |
| Timeline |
Compass Long Term Investments Regression Statistics
| Arithmetic Mean | 61,340,000 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 80.69 | |
| Mean Deviation | 45,328,000 | |
| Median | 46,600,000 | |
| Standard Deviation | 49,492,868 | |
| Sample Variance | 2449.5T | |
| Range | 118M | |
| R-Value | (0.86) | |
| Mean Square Error | 698.2T | |
| R-Squared | 0.74 | |
| Significance | 0.000044 | |
| Slope | (9,490,000) | |
| Total Sum of Squares | 34293.6T |
Compass Long Term Investments History
About Compass Minerals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Compass Minerals income statement, its balance sheet, and the statement of cash flows. Compass Minerals investors use historical funamental indicators, such as Compass Minerals's Long Term Investments, to determine how well the company is positioned to perform in the future. Although Compass Minerals investors may use each financial statement separately, they are all related. The changes in Compass Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Compass Minerals'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 Minerals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Compass Minerals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Long Term Investments | 46.6 M | 0.0 |
Pair Trading with Compass Minerals
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 Minerals 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 Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.82 | VALE | Vale SA ADR Aggressive Push | PairCorr |
Moving against Compass Stock
| 0.88 | EMX | EMX Royalty Corp Financial Report 20th of May 2024 | PairCorr |
| 0.82 | LZM | Lifezone Metals | PairCorr |
| 0.79 | FURY | Fury Gold Mines Financial Report 9th of May 2024 | PairCorr |
| 0.76 | NAK | Northern Dynasty Minerals Financial Report 10th of May 2024 | PairCorr |
| 0.76 | WRN | Western Copper Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Compass Minerals 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 Minerals 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 Minerals - 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 Minerals International to buy it.
The correlation of Compass Minerals 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 Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int 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 Minerals 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.Check out the analysis of Compass Minerals Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.