Credo Brands (India) Price on September 4, 2024
| MUFTI Stock | 179.55 5.76 3.31% |
If you're considering investing in Credo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Credo Brands stands at 179.55, as last reported on the 29th of November, with the highest price reaching 184.90 and the lowest price hitting 175.73 during the day. Credo Brands Marketing secures Sharpe Ratio (or Efficiency) of -0.0387, which signifies that the company had a -0.0387% return per unit of standard deviation over the last 3 months. Credo Brands Marketing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Credo Brands' risk adjusted performance of (0.05), and Mean Deviation of 2.13 to double-check the risk estimate we provide.
At this time, Credo Brands' Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Other Stockholder Equity is likely to grow to about 107.6 M, while Total Stockholder Equity is likely to drop about 2.9 B. . Credo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Credo |
Sharpe Ratio = -0.0387
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MUFTI |
Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Credo Brands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Credo Brands by adding Credo Brands to a well-diversified portfolio.
Price Book 3.0054 | Book Value 58.332 | Enterprise Value 13.7 B | Enterprise Value Ebitda 8.2365 | Price Sales 1.9724 |
Credo Brands Valuation on September 4, 2024
It is possible to determine the worth of Credo Brands on a given historical date. On September 4, 2024 Credo was worth 203.9 at the beginning of the trading date compared to the closed value of 200.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Credo Brands stock. Still, in general, we apply an absolute valuation method to find Credo Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Credo Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Credo Brands' related companies.
| Open | High | Low | Close | Volume | |
| 200.50 | 208.80 | 197.50 | 205.41 | 289,328 | |
09/04/2024 | 203.90 | 205.41 | 199.20 | 200.29 | 128,808 |
| 202.69 | 204.90 | 199.99 | 201.37 | 226,506 |
| Backtest Credo Brands | | | Credo Brands History | | | Credo Brands Valuation | Previous | Next |
Credo Brands Trading Date Momentum on September 4, 2024
| On September 05 2024 Credo Brands Marketing was traded for 201.37 at the closing time. The highest price during the trading period was 204.90 and the lowest recorded bid was listed for 199.99 . The volume for the day was 226.5 K. This history from September 5, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.54% . The overall trading delta to the current price is 7.79% . |
Credo Brands Marketing Fundamentals Correlations and Trends
By evaluating Credo Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Credo Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Credo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Credo Brands Stock history
Credo Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Credo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Credo Brands Marketing will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Credo Brands stock prices may prove useful in developing a viable investing in Credo Brands
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64.4 M | 70.8 M |
Credo Brands Stock Technical Analysis
Credo Brands 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.
Price Boundaries
Credo Brands Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Credo Brands Marketing cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Credo Brands November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Credo Brands 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 Brands shares will generate the highest return on investment. By undertsting and applying Credo Brands stock market strength indicators, traders can identify Credo Brands Marketing entry and exit signals to maximize returns
Credo Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Credo Brands' price direction in advance. Along with the technical and fundamental analysis of Credo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Credo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Credo Stock
Credo Brands financial ratios help investors to determine whether Credo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Credo with respect to the benefits of owning Credo Brands security.