Credit Acceptance Stock Probability of Future Stock Price Finishing Over 542.38
| CACC Stock | USD 497.70 3.46 0.70% |
Credit |
Credit Acceptance Target Price Odds to finish over 542.38
The tendency of Credit Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 542.38 or more in 90 days |
| 497.70 | 90 days | 542.38 | near 1 |
Based on a normal probability distribution, the odds of Credit Acceptance to move over $ 542.38 or more in 90 days from now is near 1 (This Credit Acceptance probability density function shows the probability of Credit Stock to fall within a particular range of prices over 90 days) . Probability of Credit Acceptance price to stay between its current price of $ 497.70 and $ 542.38 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.45 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Credit Acceptance will likely underperform. Additionally Credit Acceptance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Credit Acceptance Price Density |
| Price |
Predictive Modules for Credit Acceptance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Credit Acceptance. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Credit Acceptance'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.
Credit Acceptance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Credit Acceptance is not an exception. The market had few large corrections towards the Credit Acceptance's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Credit Acceptance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Credit Acceptance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 1.45 | |
σ | Overall volatility | 18.27 | |
Ir | Information ratio | -0.02 |
Credit Acceptance Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Credit Acceptance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Credit Acceptance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 66.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from venturebeat.com: Is the pendulum swinging back in favor of remote working |
Credit Acceptance Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Credit Stock often depends not only on the future outlook of the current and potential Credit Acceptance's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Credit Acceptance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13 M | |
| Cash And Short Term Investments | 13.2 M |
Credit Acceptance Technical Analysis
Credit Acceptance's future price can be derived by breaking down and analyzing its technical indicators over time. Credit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Credit Acceptance. In general, you should focus on analyzing Credit Stock price patterns and their correlations with different microeconomic environments and drivers.
Credit Acceptance Predictive Forecast Models
Credit Acceptance's time-series forecasting models is one of many Credit Acceptance's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Credit Acceptance's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Credit Acceptance
Checking the ongoing alerts about Credit Acceptance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Credit Acceptance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 66.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from venturebeat.com: Is the pendulum swinging back in favor of remote working |
Check out Credit Acceptance Backtesting, Credit Acceptance Valuation, Credit Acceptance Correlation, Credit Acceptance Hype Analysis, Credit Acceptance Volatility, Credit Acceptance History as well as Credit Acceptance Performance. For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Consumer Finance 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 Credit Acceptance. If investors know Credit 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 Credit Acceptance 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 0.169 | Earnings Share 14.93 | Revenue Per Share 67.945 | Quarterly Revenue Growth 0.138 | Return On Assets 0.0236 |
The market value of Credit Acceptance is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Acceptance's value that differs from its market value or its book value, called intrinsic value, which is Credit Acceptance'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 Credit Acceptance's market value can be influenced by many factors that don't directly affect Credit Acceptance'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 Credit Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Acceptance'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.