Compass Net Income From Continuing Ops vs Selling And Marketing Expenses Analysis

CMPS Stock  USD 7.75  0.12  1.52%   
Compass PathwaysPlc financial indicator trend analysis is way more than just evaluating Compass PathwaysPlc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass PathwaysPlc is a good investment. Please check the relationship between Compass PathwaysPlc Net Income From Continuing Ops and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass PathwaysPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.

Net Income From Continuing Ops vs Selling And Marketing Expenses

Net Income From Continuing Ops vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass PathwaysPlc Net Income From Continuing Ops account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Compass PathwaysPlc's Net Income From Continuing Ops and Selling And Marketing Expenses is -0.74. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Compass PathwaysPlc, assuming nothing else is changed. The correlation between historical values of Compass PathwaysPlc's Net Income From Continuing Ops and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Compass PathwaysPlc are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Compass PathwaysPlc's Net Income From Continuing Ops and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income From Continuing Ops

Selling And Marketing Expenses

Most indicators from Compass PathwaysPlc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass PathwaysPlc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass PathwaysPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.Tax Provision is likely to gain to about 501.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 31.9 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation175K330K440K462K
Total Operating Expenses73.6M96.0M137.2M70.2M

Compass PathwaysPlc fundamental ratios Correlations

0.650.660.990.990.86-0.98-0.840.870.990.760.990.770.970.96-0.79-0.690.730.96-0.591.00.651.00.961.00.96
0.650.530.630.60.76-0.6-0.920.870.580.870.580.90.70.8-0.37-0.340.670.78-0.320.650.950.640.790.630.79
0.660.530.610.60.69-0.58-0.710.730.630.650.630.710.660.75-0.43-0.410.550.660.00.650.620.660.690.610.69
0.990.630.611.00.82-0.98-0.80.840.990.710.990.720.970.94-0.84-0.730.750.95-0.661.00.61.00.941.00.94
0.990.60.61.00.8-0.98-0.770.830.990.680.990.690.960.93-0.86-0.760.760.94-0.680.990.560.990.931.00.93
0.860.760.690.820.8-0.84-0.940.820.830.950.830.940.820.88-0.46-0.440.640.88-0.310.840.860.850.880.840.88
-0.98-0.6-0.58-0.98-0.98-0.840.79-0.77-0.99-0.73-0.99-0.73-0.91-0.90.80.67-0.69-0.90.69-0.98-0.6-0.98-0.9-0.98-0.9
-0.84-0.92-0.71-0.8-0.77-0.940.79-0.93-0.79-0.97-0.79-0.98-0.84-0.920.470.43-0.69-0.910.32-0.83-0.96-0.83-0.92-0.81-0.92
0.870.870.730.840.830.82-0.77-0.930.810.830.810.870.930.97-0.61-0.570.760.95-0.350.870.840.860.960.840.96
0.990.580.630.990.990.83-0.99-0.790.810.721.00.720.950.93-0.8-0.670.680.93-0.610.990.581.00.931.00.93
0.760.870.650.710.680.95-0.73-0.970.830.720.720.990.730.83-0.29-0.230.520.82-0.190.740.970.750.840.730.84
0.990.580.630.990.990.83-0.99-0.790.811.00.720.720.950.93-0.8-0.670.680.93-0.610.990.581.00.931.00.93
0.770.90.710.720.690.94-0.73-0.980.870.720.990.720.750.86-0.33-0.280.580.83-0.210.750.980.760.860.740.86
0.970.70.660.970.960.82-0.91-0.840.930.950.730.950.750.98-0.8-0.730.790.99-0.550.970.660.970.980.970.98
0.960.80.750.940.930.88-0.9-0.920.970.930.830.930.860.98-0.72-0.640.770.99-0.470.960.780.960.990.950.99
-0.79-0.37-0.43-0.84-0.86-0.460.80.47-0.61-0.8-0.29-0.8-0.33-0.8-0.720.94-0.83-0.720.84-0.81-0.21-0.8-0.68-0.81-0.68
-0.69-0.34-0.41-0.73-0.76-0.440.670.43-0.57-0.67-0.23-0.67-0.28-0.73-0.640.94-0.91-0.660.75-0.7-0.19-0.69-0.59-0.7-0.59
0.730.670.550.750.760.64-0.69-0.690.760.680.520.680.580.790.77-0.83-0.910.77-0.660.740.540.730.720.720.72
0.960.780.660.950.940.88-0.9-0.910.950.930.820.930.830.990.99-0.72-0.660.77-0.50.960.760.960.990.960.99
-0.59-0.320.0-0.66-0.68-0.310.690.32-0.35-0.61-0.19-0.61-0.21-0.55-0.470.840.75-0.66-0.5-0.61-0.13-0.6-0.45-0.63-0.45
1.00.650.651.00.990.84-0.98-0.830.870.990.740.990.750.970.96-0.81-0.70.740.96-0.610.631.00.961.00.96
0.650.950.620.60.560.86-0.6-0.960.840.580.970.580.980.660.78-0.21-0.190.540.76-0.130.630.630.780.620.78
1.00.640.661.00.990.85-0.98-0.830.861.00.751.00.760.970.96-0.8-0.690.730.96-0.61.00.630.951.00.95
0.960.790.690.940.930.88-0.9-0.920.960.930.840.930.860.980.99-0.68-0.590.720.99-0.450.960.780.950.951.0
1.00.630.611.01.00.84-0.98-0.810.841.00.731.00.740.970.95-0.81-0.70.720.96-0.631.00.621.00.950.95
0.960.790.690.940.930.88-0.9-0.920.960.930.840.930.860.980.99-0.68-0.590.720.99-0.450.960.780.951.00.95
Click cells to compare fundamentals

Compass PathwaysPlc Account Relationship Matchups

Compass PathwaysPlc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.4M203.5M300.9M197.3M276.0M190.0M
Other Current Liab52K4.1M268K9.3M10.2M10.7M
Total Current Liabilities23.9M6.9M15.1M15.6M19.6M15.2M
Total Stockholder Equity(30.4M)196.6M284.4M181.3M225.7M154.6M
Net Tangible Assets(30.4M)196.6M284.4M181.3M208.5M135.8M
Property Plant And Equipment Net218K245K4.1M2.6M4.7M5.0M
Net Debt(3.9M)(190.3M)(269.6M)(141.3M)(187.6M)(197.0M)
Retained Earnings(37.6M)(97.9M)(169.6M)(261.1M)(379.6M)(360.6M)
Accounts Payable1.3M2.7M2.6M4.8M5.9M3.3M
Cash25.0M190.3M273.2M143.2M220.6M160.5M
Non Current Assets Total218K1.1M5.6M5.6M14.7M15.4M
Cash And Short Term Investments25.0M190.3M273.2M143.2M220.6M160.5M
Net Receivables5.2M5.8M11.2M15.6M28.9M30.4M
Common Stock Shares Outstanding21.7M35.9M40.0M42.4M51.0M38.2M
Liabilities And Stockholders Equity32.4M203.5M300.9M197.3M276.0M190.0M
Inventory1.0M(5.8M)(10.8M)(14.9M)1.01.05
Other Current Assets952K12.0M21.6M47.7M11.7M17.3M
Other Stockholder Equity(31.8M)279.5M444.8M458.9M621.6M325.8M
Total Liab62.8M6.9M16.5M16.0M50.2M25.8M
Net Invested Capital(9.3M)196.6M284.4M181.3M254.5M163.7M
Property Plant And Equipment Gross218K245K398K2.6M4.7M5.0M
Total Current Assets32.2M202.4M295.3M191.7M261.3M185.0M
Accumulated Other Comprehensive Income(98K)14.6M8.8M(16.9M)(16.9M)(16.1M)
Capital Stock124K367K435K440K635K389.2K
Net Working Capital8.3M195.5M280.2M176.1M241.7M169.8M
Common Stock124K367K435K440K635.0K389.2K
Property Plant Equipment218K245K398K2.6M3.0M3.2M

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.

Moving together with Compass Stock

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Moving against Compass Stock

  0.79RZLT Rezolute Fiscal Year End 12th of September 2024 PairCorr
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  0.43INDP Indaptus TherapeuticsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Compass PathwaysPlc is a strong investment it is important to analyze Compass PathwaysPlc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Compass PathwaysPlc's future performance. For an informed investment choice regarding Compass Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass PathwaysPlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Compass Stock please use our How to Invest in Compass PathwaysPlc guide.
You can also try the Positions Ratings module to 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.

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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
(2.30)
Return On Assets
(0.34)
Return On Equity
(0.62)
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.