Credo Technology Group Stock Alpha and Beta Analysis
| CRDO Stock | USD 49.15 4.20 9.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Credo Technology Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Credo Technology over a specified time horizon. Remember, high Credo Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Credo Technology's market risk premium analysis include:
Beta 1.05 | Alpha (0.27) | Risk 7.18 | Sharpe Ratio (0.07) | Expected Return (0.47) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Credo |
Credo Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Credo Technology market risk premium is the additional return an investor will receive from holding Credo Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Credo Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Credo Technology's performance over market.| α | -0.27 | β | 1.05 |
Credo Technology expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Credo Technology's Buy-and-hold return. Our buy-and-hold chart shows how Credo Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Credo Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Credo Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Credo Technology shares will generate the highest return on investment. By understating and applying Credo Technology stock market price indicators, traders can identify Credo Technology position entry and exit signals to maximize returns.
Credo Technology Return and Market Media
The median price of Credo Technology for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 70.02 with a coefficient of variation of 16.29. The daily time series for the period is distributed with a sample standard deviation of 10.96, arithmetic mean of 67.29, and mean deviation of 8.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 504 shares by Daniel Fleming of Credo Technology at 70.5108 subject to Rule 16b-3 | 12/18/2024 |
2 | Disposition of 100 shares by Chi Cheng of Credo Technology at 69.63 subject to Rule 16b-3 | 12/20/2024 |
3 | Disposition of 20064 shares by Yat Lam of Credo Technology at 70.6454 subject to Rule 16b-3 | 12/30/2024 |
4 | Disposition of 3174 shares by Yat Lam of Credo Technology at 72. subject to Rule 16b-3 | 01/03/2025 |
5 | Disposition of 300 shares by Chi Cheng of Credo Technology at 71.5167 subject to Rule 16b-3 | 01/14/2025 |
6 | Disposition of 300 shares by Chi Cheng of Credo Technology at 84.0133 subject to Rule 16b-3 | 01/23/2025 |
7 | Credo Technology Group Holding Ltd Shares Up 9.88 percent on Jan 30 | 01/30/2025 |
8 | Disposition of 8827 shares by Yat Lam of Credo Technology at 76.4784 subject to Rule 16b-3 | 02/18/2025 |
9 | Disposition of 500 shares by Yat Lam of Credo Technology at 64.75 subject to Rule 16b-3 | 02/24/2025 |
10 | Disposition of 2460 shares by Daniel Fleming of Credo Technology at 55.18 subject to Rule 16b-3 | 02/28/2025 |
11 | Credo Technology Group Holding Ltd Reports Robust Q3 FY2025 Financial Results | 03/04/2025 |
12 | Credo Technology Group Holding Ltd Q3 2025 Earnings Call Highlights Record Revenue and ... | 03/05/2025 |
13 | Credo Technology Group Price Target Lowered to 75.00 at Bank of America | 03/06/2025 |
14 | Disposition of 100 shares by Yat Lam of Credo Technology at 83.8 subject to Rule 16b-3 | 03/07/2025 |
15 | Arizona State Retirement System Has 2.75 Million Holdings in Credo Technology Group Holding Ltd | 03/10/2025 |
16 | Credo Technology Group Upgraded to Strong-Buy at Susquehanna | 03/11/2025 |
17 | Credo Technology Group Holding Ltd Trading Down 4.93 percent on Mar 13 | 03/13/2025 |
About Credo Technology Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Credo or other stocks. Alpha measures the amount that position in Credo Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2024 | 2025 (projected) | Days Sales Outstanding | 153.63 | 135.73 | 102.68 | PTB Ratio | 5.33 | 2.92 | 3.07 |
Credo Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Credo Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Credo Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Credo Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Credo Technology. Please utilize our Beneish M Score to check the likelihood of Credo Technology's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 29th of May 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
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Check out Credo Technology Backtesting, Credo Technology Valuation, Credo Technology Correlation, Credo Technology Hype Analysis, Credo Technology Volatility, Credo Technology History and analyze Credo Technology Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Credo Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.