Sale by Adam ThorngateGottlund of 27385 shares of Credo Technology
CRDO Stock | USD 61.78 1.00 1.65% |
About 55% of Credo Technology's investors are presently thinking to get in. The analysis of overall sentiment of trading Credo Technology Group stock suggests that some investors are interested at this time. Credo Technology's investing sentiment overview a quick insight into current market opportunities from investing in Credo Technology Group. Many technical investors use Credo Technology stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Filed transaction by Credo Technology Group Ho officer. General open market or private sale of non-derivative or derivative security
Read at macroaxis.com
Credo Technology Fundamental Analysis
We analyze Credo Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Credo Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Credo Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Credo Technology is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Credo Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Credo Technology stock to make a market-neutral strategy. Peer analysis of Credo Technology could also be used in its relative valuation, which is a method of valuing Credo Technology by comparing valuation metrics with similar companies.
Peers
Credo Technology Related Equities
SYTA | Siyata Mobile | 24.18 | ||||
ASNS | Actelis Networks | 4.69 | ||||
AAOI | Applied Opt | 1.53 | ||||
UI | Ubiquiti Networks | 0.24 | ||||
CIEN | Ciena Corp | 0.12 | ||||
JNPR | Juniper Networks | 0.06 | ||||
LITE | Lumentum Holdings | 0.09 | ||||
VIAV | Viavi Solutions | 0.22 | ||||
SATX | SatixFy Communications | 0.34 | ||||
NOK | Nokia Corp | 0.37 | ||||
EXTR | Extreme Networks | 0.38 | ||||
CSCO | Cisco Systems | 0.39 | ||||
MSI | Motorola Solutions | 0.66 | ||||
ZBRA | Zebra Technologies | 1.44 | ||||
CLFD | Clearfield | 1.52 | ||||
CLRO | ClearOne | 12.50 |
Check out Credo Technology Hype Analysis, Credo Technology Correlation and Credo Technology Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.
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.