PC Connection Stock Forecast - Price Action Indicator
| CNXN Stock | USD 67.99 0.20 0.30% |
CNXN Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PC Connection stock prices and determine the direction of PC Connection's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PC Connection's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of PC Connection to cross-verify your projections. CNXN |
Most investors in PC Connection 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 PC Connection's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PC Connection'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.| Check PC Connection Volatility | Backtest PC Connection | Information Ratio |
PC Connection Trading Date Momentum
| On May 19 2024 PC Connection was traded for 67.99 at the closing time. The top price for the day was 68.21 and the lowest listed price was 67.37 . There was no trading activity during the period 0.0. Lack of trading volume on May 19, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.21% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare PC Connection to competition |
Other Forecasting Options for PC Connection
For every potential investor in CNXN, whether a beginner or expert, PC Connection's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CNXN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CNXN. Basic forecasting techniques help filter out the noise by identifying PC Connection's price trends.PC Connection 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 PC Connection stock to make a market-neutral strategy. Peer analysis of PC Connection could also be used in its relative valuation, which is a method of valuing PC Connection by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PC Connection 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 PC Connection'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 PC Connection's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PC Connection Market Strength Events
Market strength indicators help investors to evaluate how PC Connection stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PC Connection shares will generate the highest return on investment. By undertsting and applying PC Connection stock market strength indicators, traders can identify PC Connection entry and exit signals to maximize returns.
PC Connection Risk Indicators
The analysis of PC Connection'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 PC Connection's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cnxn 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 | 1.08 | |||
| Semi Deviation | 1.31 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 | |||
| Downside Variance | 1.87 | |||
| Semi Variance | 1.73 | |||
| Expected Short fall | (1.27) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of PC Connection to cross-verify your projections. To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for CNXN Stock analysis
When running PC Connection's price analysis, check to measure PC Connection'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 PC Connection is operating at the current time. Most of PC Connection's value examination focuses on studying past and present price action to predict the probability of PC Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PC Connection's price. Additionally, you may evaluate how the addition of PC Connection to your portfolios can decrease your overall portfolio volatility.
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Is PC Connection'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 PC Connection. If investors know CNXN 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 PC Connection listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of PC Connection is measured differently than its book value, which is the value of CNXN that is recorded on the company's balance sheet. Investors also form their own opinion of PC Connection's value that differs from its market value or its book value, called intrinsic value, which is PC Connection'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 PC Connection's market value can be influenced by many factors that don't directly affect PC Connection'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 PC Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if PC Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PC Connection'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.