Credo Operating Cycle from 2010 to 2026
| CRDO Stock | USD 125.05 9.67 7.18% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 314.16 | Current Value 240.57 | Quarterly Volatility 49.20144112 |
Check Credo Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Credo Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Depreciation And Amortization of 26.5 M or Interest Expense of 7.9 M, as well as many indicators such as Price To Sales Ratio of 17.53, Dividend Yield of 0.0 or PTB Ratio of 10.0. Credo financial statements analysis is a perfect complement when working with Credo Technology Valuation or Volatility modules.
Credo | Operating Cycle | Build AI portfolio with Credo Stock |
Evaluating Credo Technology's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Credo Technology Group's fundamental strength.
Latest Credo Technology's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Credo Technology Group over the last few years. It is Credo Technology's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Credo Technology's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
Credo Operating Cycle Regression Statistics
| Arithmetic Mean | 260.42 | |
| Geometric Mean | 256.56 | |
| Coefficient Of Variation | 18.89 | |
| Mean Deviation | 40.75 | |
| Median | 229.79 | |
| Standard Deviation | 49.20 | |
| Sample Variance | 2,421 | |
| Range | 141 | |
| R-Value | 0.63 | |
| Mean Square Error | 1,554 | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 6.15 | |
| Total Sum of Squares | 38,733 |
Credo Operating Cycle History
About Credo Technology Financial Statements
Credo Technology investors utilize fundamental indicators, such as Operating Cycle, to predict how Credo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 314.16 | 240.57 |
Pair Trading with Credo Technology
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 Credo Technology 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 Credo Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Credo Stock
Moving against Credo Stock
| 0.55 | SECVY | Seche Environnement | PairCorr |
| 0.55 | OBYCF | Obayashi | PairCorr |
| 0.54 | RILYL | B Riley Financial | PairCorr |
| 0.52 | NFG | National Fuel Gas | PairCorr |
| 0.48 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
The ability to find closely correlated positions to Credo Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credo Technology 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 Credo Technology - 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 Credo Technology Group to buy it.
The correlation of Credo Technology 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 Credo Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credo Technology 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 Credo Technology 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 Credo Technology Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Credo diversify its offerings? Factors like these will boost the valuation of Credo Technology. Projected growth potential of Credo fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Credo Technology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 61.5 | Earnings Share 1.16 | Revenue Per Share | Quarterly Revenue Growth 2.721 | Return On Assets |
Understanding Credo Technology requires distinguishing between market price and book value, where the latter reflects Credo's accounting equity. The concept of intrinsic value - what Credo Technology's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Credo Technology's price substantially above or below its fundamental value.
It's important to distinguish between Credo Technology's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Credo Technology should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Credo Technology's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.