Pc Connection Stock Price on March 10, 2023

CNXN Stock  USD 73.05  0.70  0.95%   
Below is the normalized historical share price chart for PC Connection extending back to September 25, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PC Connection stands at 73.05, as last reported on the 28th of November, with the highest price reaching 74.74 and the lowest price hitting 72.49 during the day.
IPO Date
4th of March 1998
200 Day MA
67.8707
50 Day MA
72.275
Beta
0.634
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in CNXN Stock, it is important to understand the factors that can impact its price. As of now, CNXN Stock is very steady. PC Connection retains Efficiency (Sharpe Ratio) of 0.0112, which implies the company had a 0.0112% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PC Connection, which you can use to evaluate the volatility of the entity. Please check PC Connection's standard deviation of 2.13, and Market Risk Adjusted Performance of 0.0417 to confirm if the risk estimate we provide is consistent with the expected return of 0.0244%.
  
At this time, PC Connection's Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 29 M, while Common Stock Total Equity is likely to drop about 297.4 K. . At this time, PC Connection's Price To Sales Ratio is very stable compared to the past year. As of the 28th of November 2024, Price Book Value Ratio is likely to grow to 2.51, while Price Earnings Ratio is likely to drop 16.79. CNXN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0112

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Estimated Market Risk

 2.18
  actual daily
19
81% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average PC Connection 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 PC Connection by adding PC Connection to a well-diversified portfolio.
Price Book
2.1606
Enterprise Value Ebitda
13.0537
Price Sales
0.695
Shares Float
12 M
Dividend Share
0.38

PC Connection Main Headline on 10th of March 2023

PC Connection dividend paid on 10th of March 2023

PC Connection Valuation on March 10, 2023

It is possible to determine the worth of PC Connection on a given historical date. On March 10, 2023 CNXN was worth 42.56 at the beginning of the trading date compared to the closed value of 42.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PC Connection stock. Still, in general, we apply an absolute valuation method to find PC Connection's 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 PC Connection where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PC Connection's related companies.
 Open High Low Close Volume
  42.22    43.02    42.20    42.78    44,117  
03/10/2023
  42.56    43.87    42.17    42.49    54,764  
  41.99    43.02    40.91    41.36    56,731  
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Open Value
42.56
42.49
Closing Value
49.09
Upside

PC Connection Trading Date Momentum on March 10, 2023

On March 13 2023 PC Connection was traded for  41.36  at the closing time. The top price for the day was 43.02  and the lowest listed price was  40.91 . The trading volume for the day was 56.7 K. The trading history from March 13, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.66% . The trading delta at closing time against the current closing price is 0.05% .

PC Connection Fundamentals Correlations and Trends

By evaluating PC Connection's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PC Connection's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CNXN financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PC Connection Stock history

PC Connection 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 CNXN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PC Connection 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 PC Connection stock prices may prove useful in developing a viable investing in PC Connection
Last ReportedProjected for Next Year
Common Stock Shares Outstanding26.4 M29 M
Net Income Applicable To Common Shares102.6 M107.7 M

PC Connection Quarterly Net Working Capital

784.27 Million

PC Connection Stock Technical Analysis

PC Connection 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 PC Connection technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PC Connection 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...

Price Boundaries

PC Connection Period Price Range

Low
November 28, 2024
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High

 0.00 

     

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PC Connection cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.

PC Connection November 28, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PC Connection's price direction in advance. Along with the technical and fundamental analysis of CNXN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CNXN 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.
When determining whether PC Connection offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PC Connection'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 Pc Connection Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pc Connection Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PC Connection. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electronic Equipment, Instruments & Components space 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.
Quarterly Earnings Growth
0.052
Dividend Share
0.38
Earnings Share
3.4
Revenue Per Share
105.964
Quarterly Revenue Growth
0.046
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.