Disposition of 57082 shares by Daniel Fleming of Credo Technology at 2.33 subject to Rule 16b-3
CRDO Stock | USD 45.84 0.44 0.95% |
About 61% of Credo Technology's investor base is looking to short. The analysis of overall sentiment of trading Credo Technology Group stock suggests that many investors are alarmed 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.
Credo |
Filed transaction by Credo Technology Group Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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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.
Target Price
Target Price Comparative Analysis
Credo Technology is currently under evaluation in target price category among its peers.
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
AAOI | Applied Opt | 7.01 | ||||
CLRO | ClearOne | 4.17 | ||||
LITE | Lumentum Holdings | 4.06 | ||||
UI | Ubiquiti Networks | 3.69 | ||||
CIEN | Ciena Corp | 2.88 | ||||
EXTR | Extreme Networks | 2.36 | ||||
VIAV | Viavi Solutions | 2.02 | ||||
CSCO | Cisco Systems | 1.72 | ||||
ASNS | Actelis Networks | 1.68 | ||||
JNPR | Juniper Networks | 1.35 | ||||
ZBRA | Zebra Technologies | 1.24 | ||||
SATX | SatixFy Communications | 1.22 | ||||
MSI | Motorola Solutions | 1.22 | ||||
NOK | Nokia Corp | 1.21 | ||||
CLFD | Clearfield | 0.70 | ||||
INFN | Infinera | 0.45 | ||||
SYTA | Siyata Mobile | 6.67 |
Check out Credo Technology Hype Analysis, Credo Technology Correlation and Credo Technology Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.