Credit Acceptance Stock Technical Analysis
CACC Stock | USD 537.87 9.53 1.74% |
As of the 17th of April 2024, Credit Acceptance shows the mean deviation of 1.21, and Risk Adjusted Performance of 0.0139. Credit Acceptance technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Credit Acceptance, which can be compared to its peers. Please confirm Credit Acceptance variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Credit Acceptance is priced correctly, providing market reflects its regular price of 537.87 per share. Given that Credit Acceptance has jensen alpha of (0.07), we suggest you to validate Credit Acceptance's prevailing market performance to make sure the company can sustain itself at a future point.
Credit Acceptance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Credit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CreditCredit |
Credit Acceptance Analyst Consensus
Target Price | Advice | # of Analysts | |
445.25 | Hold | 3 | Odds |
Most Credit analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Credit stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Credit Acceptance, talking to its executives and customers, or listening to Credit conference calls.
Credit Acceptance 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.
Credit Acceptance Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Credit Acceptance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Credit Acceptance Trend Analysis
Use this graph to draw trend lines for Credit Acceptance. You can use it to identify possible trend reversals for Credit Acceptance as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Credit Acceptance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Credit Acceptance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Credit Acceptance applied against its price change over selected period. The best fit line has a slop of 0.13 , which may suggest that Credit Acceptance market price will keep on failing further. It has 122 observation points and a regression sum of squares at 649.29, which is the sum of squared deviations for the predicted Credit Acceptance price change compared to its average price change.About Credit Acceptance Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Credit Acceptance on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Credit Acceptance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Credit Acceptance price pattern first instead of the macroeconomic environment surrounding Credit Acceptance. By analyzing Credit Acceptance's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Credit Acceptance's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Credit Acceptance specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002336 | 7.5E-4 | 7.13E-4 | Price To Sales Ratio | 5.46 | 3.64 | 5.87 |
Credit Acceptance April 17, 2024 Technical Indicators
Most technical analysis of Credit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Credit from various momentum indicators to cycle indicators. When you analyze Credit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
Risk Adjusted Performance | 0.0139 | |||
Market Risk Adjusted Performance | 0.0168 | |||
Mean Deviation | 1.21 | |||
Semi Deviation | 1.41 | |||
Downside Deviation | 1.44 | |||
Coefficient Of Variation | 8374.78 | |||
Standard Deviation | 1.74 | |||
Variance | 3.01 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0068 | |||
Maximum Drawdown | 10.59 | |||
Value At Risk | (2.25) | |||
Potential Upside | 2.72 | |||
Downside Variance | 2.07 | |||
Semi Variance | 1.99 | |||
Expected Short fall | (1.31) | |||
Skewness | 1.49 | |||
Kurtosis | 4.96 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Acceptance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.Note that the Credit Acceptance information on this page should be used as a complementary analysis to other Credit Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Credit Stock analysis
When running Credit Acceptance's price analysis, check to measure Credit Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credit Acceptance is operating at the current time. Most of Credit Acceptance's value examination focuses on studying past and present price action to predict the probability of Credit Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Acceptance's price. Additionally, you may evaluate how the addition of Credit Acceptance to your portfolios can decrease your overall portfolio volatility.
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Is Credit Acceptance's industry 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 (0.24) | Earnings Share 22 | Revenue Per Share 69.418 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0394 |
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.