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Could + have + past participle : a possible action in the past that was not fulfilled.
I could have passed my exam but I didnt study enough.
NOTE: compare it with this:
I couldnt study so I didnt pass my exam. ( It was impossible for me to study )
May/might + have + past participle : it expresses possibility in the past.
I have been phoning John all afternoon and he was not there. He may have left
home earlier. (Maybe, he left before)
We can also express possibility about something that didnt really happened in
the past (Only with might).
Why did you drive so fast? You might have crashed.
Neednt + have + past participle : it says that we did something although it was not
necessary to be done.
You neednt have come. Why have you done it?
NOTE: compare it with this:
You didnt need to come, so you didnt do it.