Chi Cheng - Credo Technology CTO Cofounder
| CRDO Stock | USD 47.07 1.23 2.68% |
Insider
Chi Cheng is CTO Cofounder of Credo Technology Group
| Age | 55 |
| Address | c/o Maples Corporate Services Limited, Grand Cayman, Cayman Islands, 1-1104 |
| Phone | 408 664 9329 |
| Web | https://credosemi.com |
Chi Cheng Latest Insider Activity
Tracking and analyzing the buying and selling activities of Chi Cheng against Credo Technology stock is an integral part of due diligence when investing in Credo Technology. Chi Cheng insider activity provides valuable insight into whether Credo Technology is net buyers or sellers over its current business cycle. Note, Credo Technology insiders must abide by specific rules, including filing SEC forms every time they buy or sell Credo Technology'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Chi Cheng over two weeks ago Disposition of 4192 shares by Chi Cheng of Credo Technology at 48.261 subject to Rule 16b-3 | ||
Chi Cheng over two months ago Disposition of 38651 shares by Chi Cheng of Credo Technology at 28.4192 subject to Rule 16b-3 | ||
Chi Cheng over three months ago Disposition of 33547 shares by Chi Cheng of Credo Technology at 31.5073 subject to Rule 16b-3 | ||
Chi Cheng over three months ago Disposition of 2212 shares by Chi Cheng of Credo Technology at 27.613 subject to Rule 16b-3 |
Credo Technology Management Efficiency
The company has return on total asset (ROA) of (0.0437) % which means that it has lost $0.0437 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0582) %, meaning that it created substantial loss on money invested by shareholders. Credo Technology's management efficiency ratios could be used to measure how well Credo Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.06. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, Credo Technology's Net Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 13.8 M, while Total Assets are likely to drop about 360.5 M.Similar Executives
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Management Performance
| Return On Equity | -0.0582 | ||||
| Return On Asset | -0.0437 |
Credo Technology Leadership Team
Elected by the shareholders, the Credo Technology's board of directors comprises two types of representatives: Credo Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Credo. The board's role is to monitor Credo Technology's management team and ensure that shareholders' interests are well served. Credo Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Credo Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chi Cheng, CTO Cofounder | ||
| Daniel ONeil, Vice Relations | ||
| Adam ThorngateGottlund, General Secretary | ||
| Daniel Fleming, Chief Officer | ||
| Scott Feller, Vice Marketing | ||
| James Laufman, Chief Secretary | ||
| Jim Laufman, Chief Secretary | ||
| William Brennan, CEO President | ||
| Yat Lam, COO Cofounder | ||
| Michael Lampe, Vice Marketing | ||
| Katherine Schuelke, Chief Secretary | ||
| H Dale, Vice Resources |
Credo Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Credo Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0582 | ||||
| Return On Asset | -0.0437 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 7.23 B | ||||
| Shares Outstanding | 166.06 M | ||||
| Shares Owned By Insiders | 15.87 % | ||||
| Shares Owned By Institutions | 76.85 % | ||||
| Number Of Shares Shorted | 5.93 M | ||||
| Price To Book | 13.76 X |
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 against Credo Stock
| 0.86 | BKRKY | Bank Rakyat | PairCorr |
| 0.73 | ICG | Intchains Group | PairCorr |
| 0.71 | TER | Teradyne | PairCorr |
| 0.68 | ACLS | Axcelis Technologies | PairCorr |
| 0.63 | CDW | CDW Corp | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Credo Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Semiconductors & Semiconductor Equipment space 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 Credo Technology. If investors know Credo 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 Credo Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (0.16) | Revenue Per Share 1.368 | Quarterly Revenue Growth 0.702 | Return On Assets (0.04) |
The market value of Credo Technology is measured differently than its book value, which is the value of Credo that is recorded on the company's balance sheet. Investors also form their own opinion of Credo Technology's value that differs from its market value or its book value, called intrinsic value, which is Credo Technology'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 Credo Technology's market value can be influenced by many factors that don't directly affect Credo Technology'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 Credo Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credo Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credo Technology'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.