PC Connection (Germany) Market Value
| PCC Stock | EUR 67.50 2.50 3.57% |
| Symbol | PCC |
PC Connection 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to PC Connection's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of PC Connection.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in PC Connection on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding PC Connection or generate 0.0% return on investment in PC Connection over 30 days. PC Connection is related to or competes with Arrow Electronics, DICKER DATA, KAGA EL, Esprinet SpA, Wayside Technology, and FORTEC Elektronik. PC Connection, Inc., together with its subsidiaries, provides a range of information technology solutions More
PC Connection Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure PC Connection's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess PC Connection upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.68 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.37 |
PC Connection Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PC Connection's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PC Connection's standard deviation. In reality, there are many statistical measures that can use PC Connection historical prices to predict the future PC Connection's volatility.| Risk Adjusted Performance | 0.012 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0037 |
PC Connection Backtested Returns
At this point, PC Connection is very steady. PC Connection retains Efficiency (Sharpe Ratio) of 0.007, which implies the company had a 0.007% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for PC Connection, which you can use to evaluate the volatility of the entity. Please check PC Connection's market risk adjusted performance of 0.0137, and Standard Deviation of 2.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.016%. The firm owns a Beta (Systematic Risk) of 1.55, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PC Connection will likely underperform. PC Connection today owns a risk of 2.29%. Please check PC Connection market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if PC Connection will be following its current price history.
Auto-correlation | 0.34 |
Below average predictability
PC Connection has below average predictability. Overlapping area represents the amount of predictability between PC Connection time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PC Connection price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current PC Connection price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
PC Connection lagged returns against current returns
Autocorrelation, which is PC Connection stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PC Connection's stock expected returns. We can calculate the autocorrelation of PC Connection returns to help us make a trade decision. For example, suppose you find that PC Connection has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
PC Connection regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PC Connection stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PC Connection stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PC Connection stock over time.
Current vs Lagged Prices |
| Timeline |
PC Connection Lagged Returns
When evaluating PC Connection's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PC Connection stock have on its future price. PC Connection autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PC Connection autocorrelation shows the relationship between PC Connection stock current value and its past values and can show if there is a momentum factor associated with investing in PC Connection.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in PCC Stock
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 PC Connection Correlation, PC Connection Volatility and PC Connection Alpha and Beta module to complement your research on PC Connection. For more detail on how to invest in PCC Stock please use our How to Invest in PC Connection guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.