Hi,
If the side that has an arrow on it is all the way up, the valves should be closed, which is what we want. However, if you are one or two teeth off with the timing, they can be in that position but open too early causing low compression.
Unless the head is leaking equally at each cylinder, the compression rings are totally faulty, we have an evenly warped head, or the valves in each cylinder are equally stuck open, timing is the only other thing that makes sense. The aforementioned possibilities are nearly impossible to happen.
Did you remove the timing belt cover to check the timing marks? Can you take a few pics of the timing marks, rocker arms, and valves so I can see what you are dealing with?
Let me know.
Joe
Wednesday, January 4th, 2023 AT 9:49 PM