Credo technologys CFO Daniel Fleming sells 136,975 in shares

CRDO Stock  USD 47.07  1.23  2.68%   
About 65% of all Credo Technology's investors are looking to take a long position. 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.
  
Credo technologys CFO Daniel Fleming sells 136,975 in shares

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Credo Technology Current Investor Sentiment

Panic Vs Confidence

65

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Credo Technology's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Credo Technology Group.

Credo Technology Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Credo Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Credo Technology Historical Investor Sentiment

Investor biases related to Credo Technology's public news can be used to forecast risks associated with an investment in Credo. The trend in average sentiment can be used to explain how an investor holding Credo can time the market purely based on public headlines and social activities around Credo Technology Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Credo Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Credo Technology and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Credo Technology news discussions. The higher the estimate score, the more favorable the investor's outlook on Credo Technology.

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.

Beta

Beta Comparative Analysis

Credo Technology is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

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

SATXSatixFy Communications   12.05   
0%
100.0%
ASNSActelis Networks   5.79   
0%
48.0%
EXTRExtreme Networks   2.87   
0%
23.0%
UIUbiquiti Networks   1.18   
0%
9.0%
CLFDClearfield   1.09   
0%
9.0%
ZBRAZebra Technologies   0.94   
0%
7.0%
JNPRJuniper Networks   0.81   
0%
6.0%
VIAVViavi Solutions   0.79   
0%
6.0%
NOKNokia Corp   0.72   
0%
5.0%
CSCOCisco Systems   0.32   
0%
2.0%
CIENCiena Corp   0.07   
0%
1.0%
AAOIApplied Opt   0.21   
1.0%
0%
INFNInfinera   0.30   
2.0%
0%
CLROClearOne   2.00   
16.0%
0%
LITELumentum Holdings   2.12   
17.0%
0%
MSIMotorola Solutions   2.50   
20.0%
0%
SYTASiyata Mobile   5.10   
42.0%
0%
When determining whether Credo Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credo Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credo Technology Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credo Technology Group Stock:
Check out Credo Technology Hype Analysis, Credo Technology Correlation and Credo Technology Performance.
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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.