Concentrix Stock Technical Analysis
| CNXC Stock | USD 44.92 0.36 0.81% |
As of the 28th of November, Concentrix shows the Risk Adjusted Performance of (0.13), mean deviation of 2.18, and Standard Deviation of 3.52. Concentrix technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Concentrix Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Concentrix, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConcentrixConcentrix |
Concentrix Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 98.6 | Buy | 6 | Odds |
Most Concentrix analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Concentrix stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Concentrix, talking to its executives and customers, or listening to Concentrix conference calls.
Concentrix 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.
Concentrix Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Concentrix volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Concentrix Trend Analysis
Use this graph to draw trend lines for Concentrix. You can use it to identify possible trend reversals for Concentrix as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Concentrix price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Concentrix Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Concentrix applied against its price change over selected period. The best fit line has a slop of 0.51 , which may suggest that Concentrix market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9726.91, which is the sum of squared deviations for the predicted Concentrix price change compared to its average price change.About Concentrix Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Concentrix on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Concentrix based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Concentrix price pattern first instead of the macroeconomic environment surrounding Concentrix. By analyzing Concentrix's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Concentrix's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Concentrix specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.008502 | 0.0126 | 0.0113 | 0.006025 | Price To Sales Ratio | 0.99 | 0.71 | 0.82 | 1.38 |
Concentrix November 28, 2024 Technical Indicators
Most technical analysis of Concentrix help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Concentrix from various momentum indicators to cycle indicators. When you analyze Concentrix charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | (0.64) | |||
| Mean Deviation | 2.18 | |||
| Coefficient Of Variation | (547.69) | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.42 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | (0.65) | |||
| Maximum Drawdown | 22.16 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 3.42 | |||
| Skewness | (1.57) | |||
| Kurtosis | 11.64 |
Complementary Tools for Concentrix Stock analysis
When running Concentrix's price analysis, check to measure Concentrix'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 Concentrix is operating at the current time. Most of Concentrix's value examination focuses on studying past and present price action to predict the probability of Concentrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentrix's price. Additionally, you may evaluate how the addition of Concentrix to your portfolios can decrease your overall portfolio volatility.
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