Credo Technology Group Stock Price Patterns
| CRDO Stock | USD 111.40 13.34 13.60% |
Momentum 37
Sell Extended
Oversold | Overbought |
Quarterly Earnings Growth 61.5 | EPS Estimate Current Year 2.7931 | EPS Estimate Next Year 3.8004 | Wall Street Target Price 211.5 | EPS Estimate Current Quarter 0.4953 |
Using Credo Technology hype-based prediction, you can estimate the value of Credo Technology Group from the perspective of Credo Technology response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Credo Technology using Credo Technology's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Credo using crowd psychology based on the activity and movement of Credo Technology's stock price.
Credo Technology Short Interest
An investor who is long Credo Technology may also wish to track short interest. As short interest increases, investors should be becoming more worried about Credo Technology and may potentially protect profits, hedge Credo Technology with its derivative instruments, or be ready for some potential downside.
200 Day MA 120.4172 | Short Percent 0.0486 | Short Ratio 1.49 | Shares Short Prior Month 7.3 M | 50 Day MA 146.0538 |
Credo Technology Hype to Price Pattern
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.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Credo Technology's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Credo Technology.
Credo Technology Implied Volatility | 0.95 |
Credo Technology's implied volatility exposes the market's sentiment of Credo Technology Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Credo Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Credo Technology stock will not fluctuate a lot when Credo Technology's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Credo Technology to buy its stock at a price that has no basis in reality. In that case, they are not buying Credo because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Credo Technology after-hype prediction price | USD 110.45 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Credo contract
Based on the Rule 16, the options market is currently suggesting that Credo Technology Group will have an average daily up or down price movement of about 0.0594% per day over the life of the 2026-05-15 option contract. With Credo Technology trading at USD 111.4, that is roughly USD 0.0661 . If you think that the market is fully incorporating Credo Technology's daily price movement you should consider acquiring Credo Technology Group options at the current volatility level of 0.95%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Credo Technology Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Credo Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Credo Technology After-Hype Price Density Analysis
As far as predicting the price of Credo Technology at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Credo Technology or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Credo Technology, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Credo Technology Estimiated After-Hype Price Volatility
In the context of predicting Credo Technology's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Credo Technology's historical news coverage. Credo Technology's after-hype downside and upside margins for the prediction period are 105.37 and 115.53, respectively. We have considered Credo Technology's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Credo Technology is very steady at this time. Analysis and calculation of next after-hype price of Credo Technology is based on 3 months time horizon.
Credo Technology Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Credo Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Credo Technology backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Credo Technology, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.45 | 5.08 | 0.95 | 0.40 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
111.40 | 110.45 | 0.85 |
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Credo Technology Hype Timeline
Credo Technology is currently traded for 111.40. The entity has historical hype elasticity of -0.95, and average elasticity to hype of competition of -0.4. Credo is forecasted to decline in value after the next headline, with the price expected to drop to 110.45. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.85%, whereas the daily expected return is currently at -0.45%. The volatility of related hype on Credo Technology is about 567.6%, with the expected price after the next announcement by competition of 111.00. About 76.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.9. Credo Technology had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Credo Technology Basic Forecasting Models to cross-verify your projections.Credo Technology Related Hype Analysis
Having access to credible news sources related to Credo Technology's direct competition is more important than ever and may enhance your ability to predict Credo Technology's future price movements. Getting to know how Credo Technology's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Credo Technology may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HPE | Hewlett Packard Enterprise | 0.60 | 9 per month | 0.00 | (0.05) | 3.09 | (4.17) | 9.60 | |
| CIEN | Ciena Corp | (2.20) | 8 per month | 4.21 | 0.12 | 9.22 | (7.31) | 23.22 | |
| ERIC | Telefonaktiebolaget LM Ericsson | (0.14) | 9 per month | 1.35 | 0.03 | 2.40 | (1.89) | 10.94 | |
| ALAB | Astera Labs | (7.56) | 12 per month | 0.00 | (0.02) | 7.93 | (8.74) | 23.31 | |
| PSTG | Pure Storage | 2.92 | 11 per month | 0.00 | (0.09) | 4.99 | (5.74) | 34.28 | |
| FIS | Fidelity National Information | (1.61) | 10 per month | 0.00 | (0.18) | 2.18 | (3.05) | 11.88 | |
| KEYS | Keysight Technologies | (1.38) | 11 per month | 1.50 | 0.12 | 3.20 | (2.83) | 13.11 | |
| NOK | Nokia Corp ADR | 0.17 | 9 per month | 2.78 | (0.03) | 3.59 | (4.44) | 12.63 | |
| SNDK | Sandisk Corp | 0.58 | 7 per month | 6.20 | 0.23 | 15.31 | (13.96) | 43.52 | |
| SMCI | Super Micro Computer | (0.33) | 7 per month | 0.00 | (0.14) | 5.92 | (6.60) | 22.40 |
Credo Technology Additional Predictive Modules
Most predictive techniques to examine Credo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Credo using various technical indicators. When you analyze Credo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Credo Technology Predictive Indicators
The successful prediction of Credo Technology stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Credo Technology Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Credo Technology based on analysis of Credo Technology hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Credo Technology's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Credo Technology's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Payables Turnover | 5.48 | 2.74 | 2.47 | 4.66 | Days Of Inventory On Hand | 128.59 | 213.57 | 192.21 | 136.93 |
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 together with Credo Stock
Moving against Credo Stock
| 0.61 | OBYCF | Obayashi Earnings Call Today | PairCorr |
| 0.55 | SECVY | Seche Environnement | PairCorr |
| 0.53 | RILYL | B Riley Financial | PairCorr |
| 0.52 | NFG | National Fuel Gas | PairCorr |
| 0.45 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
| 0.4 | FCAP | First Capital Downward Rally | 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 Credo Technology Basic Forecasting Models to cross-verify your projections. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Credo diversify its offerings? Factors like these will boost the valuation of Credo Technology. Projected growth potential of Credo fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Credo Technology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 61.5 | Earnings Share 1.16 | Revenue Per Share | Quarterly Revenue Growth 2.721 | Return On Assets |
Understanding Credo Technology requires distinguishing between market price and book value, where the latter reflects Credo's accounting equity. The concept of intrinsic value - what Credo Technology's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Credo Technology's price substantially above or below its fundamental value.
It's important to distinguish between Credo Technology's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Credo Technology should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Credo Technology's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.