Pc Connection Stock Price on December 16, 2024
CNXN Stock | USD 69.00 1.80 2.54% |
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 69.00, as last reported on the 20th of December, with the highest price reaching 71.38 and the lowest price hitting 68.85 during the day.
If you're considering investing in CNXN Stock, it is important to understand the factors that can impact its price. PC Connection retains Efficiency (Sharpe Ratio) of -0.0434, which implies the company had a -0.0434% return per unit of price deviation over the last 3 months. PC Connection exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PC Connection's market risk adjusted performance of (0.02), and Information Ratio of (0.03) to confirm the risk estimate we provide.
At this time, PC Connection's Total Stockholder Equity is very stable compared to the past year. As of the 20th of December 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 20th of December 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.
IPO Date 4th of March 1998 | 200 Day MA 68.3297 | 50 Day MA 72.078 | Beta 0.634 |
CNXN |
Sharpe Ratio = -0.0434
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Estimated Market Risk
2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.09 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 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 2.0663 | Enterprise Value Ebitda 12.3228 | Price Sales 0.6644 | Shares Float 12 M | Dividend Share 0.38 |
PC Connection Main Headline on 16th of December 2024
Ondalinda means beautiful wave, she explains. Its a reflection of what we aim to create waves of beauty, connection, and culture that ripple outward.
PC Connection Valuation on December 16, 2024
It is possible to determine the worth of PC Connection on a given historical date. On December 16, 2024 CNXN was worth 72.1 at the beginning of the trading date compared to the closed value of 74.55. 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 | |
73.36 | 73.56 | 71.90 | 72.30 | 83,931 | |
12/16/2024 | 72.10 | 74.97 | 72.10 | 74.55 | 125,604 |
73.93 | 75.08 | 73.81 | 73.81 | 91,580 |
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PC Connection Trading Date Momentum on December 16, 2024
On December 17 2024 PC Connection was traded for 73.81 at the closing time. The top price for the day was 75.08 and the lowest listed price was 73.81 . The trading volume for the day was 91.6 K. The trading history from December 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.99% . The trading delta at closing time against the current closing price is 5.03% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 26.4 M | 29 M | |
Net Income Applicable To Common Shares | 102.6 M | 107.7 M |
PC Connection Quarterly Net Working Capital |
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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.
Price Boundaries
PC Connection Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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 December 20, 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.03) |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.