Credit Acceptance Stock Forecast - Price Action Indicator
| CACC Stock | USD 483.00 4.39 0.90% |
Credit Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Credit Acceptance stock prices and determine the direction of Credit Acceptance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Credit Acceptance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Credit Acceptance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Credit Acceptance's systematic risk associated with finding meaningful patterns of Credit Acceptance fundamentals over time.
Check out Historical Fundamental Analysis of Credit Acceptance to cross-verify your projections. Credit |
Open Interest Against 2024-06-21 Credit Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Credit Acceptance's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Credit Acceptance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Credit Acceptance stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Credit Acceptance's open interest, investors have to compare it to Credit Acceptance's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Credit Acceptance is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Credit. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Credit Acceptance cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Credit Acceptance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Credit Acceptance's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (7.12) | (6.20) |
| Check Credit Acceptance Volatility | Backtest Credit Acceptance | Trend Details |
Credit Acceptance Trading Date Momentum
| On May 14 2024 Credit Acceptance was traded for 525.18 at the closing time. The top price for the day was 531.63 and the lowest listed price was 519.33 . The trading volume for the day was 38.5 K. The trading history from May 14, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.35% . The overall trading delta against the current closing price is 4.09% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Credit Acceptance to competition |
Other Forecasting Options for Credit Acceptance
For every potential investor in Credit, whether a beginner or expert, Credit Acceptance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Credit Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Credit. Basic forecasting techniques help filter out the noise by identifying Credit Acceptance's price trends.Credit Acceptance Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Credit Acceptance stock to make a market-neutral strategy. Peer analysis of Credit Acceptance could also be used in its relative valuation, which is a method of valuing Credit Acceptance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Credit Acceptance Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Credit Acceptance's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Credit Acceptance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Credit Acceptance Market Strength Events
Market strength indicators help investors to evaluate how Credit Acceptance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Credit Acceptance shares will generate the highest return on investment. By undertsting and applying Credit Acceptance stock market strength indicators, traders can identify Credit Acceptance entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 483.0 | |||
| Day Typical Price | 483.0 | |||
| Price Action Indicator | (2.19) | |||
| Period Momentum Indicator | (4.39) |
Credit Acceptance Risk Indicators
The analysis of Credit Acceptance's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Credit Acceptance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting credit stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.32 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.92 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Credit Acceptance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credit Acceptance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credit Acceptance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credit Acceptance Stock:Check out Historical Fundamental Analysis of Credit Acceptance to cross-verify your projections. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 (0.33) | Earnings Share 19.45 | Revenue Per Share 67.662 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0329 |
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.