Credo Technology Group Holding Ltd (CRDO)

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The chart shows the growth of an initial investment of $10,000 in Credo Technology Group Holding Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Credo Technology Group Holding Ltd (CRDO) has returned -34.76% so far this year and 133.74% over the past 12 months.

Based on dividend-adjusted daily data since Jan 27, 2022, CRDO's average daily return is +0.33%, while the average monthly return is +6.60%. At this rate, your investment would double in approximately 0.9 years.

Historically, 53% of months were positive and 47% were negative. The best month was May 2023 with a return of +65.5%, while the worst month was Feb 2023 at -38.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CRDO closed higher 52% of trading days. The best single day was Dec 3, 2024 with a return of +47.9%, while the worst single day was Feb 15, 2023 at -46.8%.

Credo Technology Group Holding Ltd has an annualized alpha of 80.63%, beta of 2.09, and R² of 0.21 versus S&P 500 Index. Calculated based on daily prices since January 28, 2022.

• This stock captured 542.17% of S&P 500 Index gains and 167.47% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• R² of 0.21 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CRDO ranks 81 for risk / return — in the top 81% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Credo Technology Group Holding Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Credo Technology Group Holding Ltd was 62.04%, occurring on May 4, 2023. Recovery took 156 trading sessions.

The current Credo Technology Group Holding Ltd drawdown is 50.38%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Credo Technology Group Holding Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Credo Technology Group Holding Ltd is priced in the market compared to other companies in the Communication Equipment industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.