Compass Weighted Average Shares from 2010 to 2024
| CMPS Stock | USD 8.42 0.11 1.29% |
Check Compass PathwaysPlc 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 Tax Provision of 501.9 K, Depreciation And Amortization of 230.8 K or Interest Expense of 3.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.08. Compass financial statements analysis is a perfect complement when working with Compass PathwaysPlc Valuation or Volatility modules.
Compass | Weighted Average Shares |
About Compass PathwaysPlc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Compass PathwaysPlc income statement, its balance sheet, and the statement of cash flows. Compass PathwaysPlc investors use historical funamental indicators, such as Compass PathwaysPlc's Weighted Average Shares, to determine how well the company is positioned to perform in the future. Although Compass PathwaysPlc investors may use each financial statement separately, they are all related. The changes in Compass PathwaysPlc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Compass PathwaysPlc'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 PathwaysPlc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Compass PathwaysPlc. Please read more on our technical analysis and fundamental analysis pages.
COMPASS Pathways plc operates as a mental health care company primarily in the United Kingdom and the United States. COMPASS Pathways plc was incorporated in 2020 and is headquartered in London, the United Kingdom. Compass Pathways is traded on NASDAQ Exchange in the United States.
Pair Trading with Compass PathwaysPlc
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 PathwaysPlc 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 PathwaysPlc will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Compass PathwaysPlc 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 PathwaysPlc 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 PathwaysPlc - 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 PathwaysPlc to buy it.
The correlation of Compass PathwaysPlc 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 PathwaysPlc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass PathwaysPlc 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 PathwaysPlc 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 PathwaysPlc Correlation against competitors. For more information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Compass Stock analysis
When running Compass PathwaysPlc's price analysis, check to measure Compass PathwaysPlc'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 PathwaysPlc is operating at the current time. Most of Compass PathwaysPlc's value examination focuses on studying past and present price action to predict the probability of Compass PathwaysPlc'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 PathwaysPlc's price. Additionally, you may evaluate how the addition of Compass PathwaysPlc to your portfolios can decrease your overall portfolio volatility.
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Is Compass PathwaysPlc'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 PathwaysPlc. 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 PathwaysPlc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.32) | Return On Assets (0.33) | Return On Equity (0.58) |
The market value of Compass PathwaysPlc 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 PathwaysPlc's value that differs from its market value or its book value, called intrinsic value, which is Compass PathwaysPlc'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 PathwaysPlc's market value can be influenced by many factors that don't directly affect Compass PathwaysPlc'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 PathwaysPlc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass PathwaysPlc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass PathwaysPlc'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.