Credit Acceptance Stock Price on November 1, 2024

CACC Stock  USD 473.10  13.08  2.84%   
Below is the normalized historical share price chart for Credit Acceptance extending back to June 05, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Credit Acceptance stands at 473.10, as last reported on the 25th of November, with the highest price reaching 473.99 and the lowest price hitting 459.32 during the day.
IPO Date
5th of June 1992
200 Day MA
500.0758
50 Day MA
451.6832
Beta
1.429
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Credit Stock, it is important to understand the factors that can impact its price. At this point, Credit Acceptance is very steady. Credit Acceptance secures Sharpe Ratio (or Efficiency) of 0.0097, which signifies that the company had a 0.0097% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Credit Acceptance, which you can use to evaluate the volatility of the firm. Please confirm Credit Acceptance's mean deviation of 1.41, and Risk Adjusted Performance of 0.0201 to double-check if the risk estimate we provide is consistent with the expected return of 0.0193%.
  
At present, Credit Acceptance's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8 B, whereas Other Stockholder Equity is projected to grow to (1.1 B). . At present, Credit Acceptance's Price Earnings Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 10.47, whereas Price Book Value Ratio is forecasted to decline to 3.93. Credit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0097

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Estimated Market Risk

 2.0
  actual daily
17
83% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Credit Acceptance is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Credit Acceptance by adding Credit Acceptance to a well-diversified portfolio.
Price Book
3.4803
Enterprise Value Ebitda
42.0621
Price Sales
6.7725
Shares Float
6.3 M
Wall Street Target Price
426.5

Credit Acceptance Main Headline on 1st of November 2024

Operator Good day, everyone, and welcome to the Credit Acceptance Corporation Third Quarter 2024 Earnings Call. Todays call is being recorded.

Credit Acceptance Valuation on November 1, 2024

It is possible to determine the worth of Credit Acceptance on a given historical date. On November 1, 2024 Credit was worth 422.37 at the beginning of the trading date compared to the closed value of 417.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Credit Acceptance stock. Still, in general, we apply an absolute valuation method to find Credit Acceptance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Credit Acceptance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Credit Acceptance's related companies.
 Open High Low Close Volume
  466.78    466.78    420.90    425.00    161,471  
11/01/2024
  422.37    438.73    416.82    417.33    90,289  
  415.00    425.60    414.16    423.62    88,808  
Backtest Credit Acceptance  |  Credit Acceptance History  |  Credit Acceptance Valuation   PreviousNext  
Open Value
422.37
416.37
Downside
417.33
Closing Value
428.37
Upside

Credit Acceptance Trading Date Momentum on November 1, 2024

On November 04 2024 Credit Acceptance was traded for  423.62  at the closing time. The top price for the day was 425.60  and the lowest listed price was  414.16 . The trading volume for the day was 88.8 K. The trading history from November 4, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.51% . The overall trading delta against the current closing price is 8.59% .

Credit Acceptance Fundamentals Correlations and Trends

By evaluating Credit Acceptance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Credit Acceptance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Credit financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Credit Acceptance Stock history

Credit Acceptance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Credit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Credit Acceptance will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Credit Acceptance stock prices may prove useful in developing a viable investing in Credit Acceptance
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13 M25.7 M
Net Income Applicable To Common Shares616.2 M647 M

Credit Acceptance Quarterly Net Working Capital

8.17 Billion

Credit Acceptance Stock Technical Analysis

Credit Acceptance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Credit Acceptance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Credit Acceptance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Credit Acceptance Period Price Range

Low
November 25, 2024
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High

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Credit Acceptance cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Credit Acceptance November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Credit Acceptance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Credit Acceptance shares will generate the highest return on investment. By undertsting and applying Credit Acceptance stock market strength indicators, traders can identify Credit Acceptance entry and exit signals to maximize returns

Credit Acceptance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Credit Acceptance's price direction in advance. Along with the technical and fundamental analysis of Credit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Credit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Credit Stock analysis

When running Credit Acceptance's price analysis, check to measure Credit Acceptance'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 Credit Acceptance is operating at the current time. Most of Credit Acceptance's value examination focuses on studying past and present price action to predict the probability of Credit Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Acceptance's price. Additionally, you may evaluate how the addition of Credit Acceptance to your portfolios can decrease your overall portfolio volatility.
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