north by east vs compass point

north by east and compass point both are nouns.

Word	Noun	Adjective	Verb	Adverb
north by east	Yes	No	No	No
compass point	Yes	No	No	No

As nouns, compass point is a hypernym of north by east; that is, compass point is a word with a broader meaning than north by east:

north by east: the compass point that is one point east (clockwise) of due north
compass point: any of 32 horizontal directions indicated on the card of a compass

Other hypernyms of north by east include point.

north by east (noun)	compass point (noun)
the compass point that is one point east (clockwise) of due north	any of 32 horizontal directions indicated on the card of a compass