Credit Acceptance Stock Technical Analysis

CACC Stock  USD 551.60  0.47  0.09%   
As of the 28th of March, Credit Acceptance shows the mean deviation of 1.06, and Risk Adjusted Performance of 0.0376. 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 rivals. 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 551.6 per share. Given that Credit Acceptance has jensen alpha of (0.13), 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 Credit
  
Credit Acceptance's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Credit Acceptance Analyst Consensus

Target PriceAdvice# of Analysts
445.25Hold3Odds
Credit Acceptance current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details
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.
A focus of Credit Acceptance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Credit Acceptance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Credit Acceptance Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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   0.41  , which means Credit Acceptance will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6415.57, 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.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio11.5512.0624.2324.76
Short Term Coverage Ratios411.310.8216.2515.43

Credit Acceptance March 28, 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.

Credit Acceptance March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Credit stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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
21.99
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.