As of 15 of July Credit Acceptance shows Risk Adjusted Performance of 0.0551 and Mean Deviation of 1.07. 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 future prices. In plain English 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 found nineteen technical drivers for Credit Acceptance Corporation which can be compared to its rivals. Please confirm Credit Acceptance Variance, Maximum Drawdown and the relationship between Coefficient Of Variation and Jensen Alpha to decide if Credit Acceptance is priced correctly providing market reflects its regular price of 487.35 per share. Given that Credit Acceptance has Jensen Alpha of (0.05), we suggest you validate Credit Acceptance Corporation prevailing market performance to make sure the company can sustain itself at future point.
Credit Acceptance Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Credit Acceptance Analyst Advice|
|Horizon||30 Days Login to change|
Credit Acceptance Technical Analysis
Credit Acceptance Trend AnalysisUse this graph to draw trend lines for Credit Acceptance Corporation. 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 LineThe following chart estimates an ordinary least squares regression model for Credit Acceptance Corporation applied against its price change over selected period. The best fit line has a slop of 0.53 % which means Credit Acceptance Corporation will continue generating value for investors. It has 78 observation points and a regression sum of squares at 2728.6, which is the sum of squared deviations for the predicted Credit Acceptance price change compared to its average price change.
Credit Acceptance July 15, 2019 Technical Indicators
|Risk Adjusted Performance||0.0551|
|Market Risk Adjusted Performance||0.1043|
|Coefficient Of Variation||1311.44|
|Total Risk Alpha||(0.21)|
|Value At Risk||(1.54)|
|Expected Short fall||(1.34)|
Credit Acceptance July 15, 2019 Daily Price Condition
|Daily Balance Of Power||(0.50)|
|Rate Of Daily Change||0.98|
|Day Median Price||489.98|
|Day Typical Price||489.10|
|Price Action Indicator||(6.40)|
|Market Facilitation Index||0.000294|