Concentrix Stock Price on June 26, 2024
| CNXC Stock | USD 48.96 0.18 0.37% |
Below is the normalized historical share price chart for Concentrix extending back to November 24, 2020. 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 Concentrix stands at 48.96, as last reported on the 18th of January 2025, with the highest price reaching 50.74 and the lowest price hitting 48.40 during the day.
If you're considering investing in Concentrix Stock, it is important to understand the factors that can impact its price. At this point, Concentrix is very steady. Concentrix secures Sharpe Ratio (or Efficiency) of 0.0395, which signifies that the company had a 0.0395% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Concentrix, which you can use to evaluate the volatility of the firm. Please confirm Concentrix's Downside Deviation of 2.46, mean deviation of 2.16, and Risk Adjusted Performance of 0.0298 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Concentrix's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. . At present, Concentrix's Price To Operating Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.66, whereas Price To Sales Ratio is forecasted to decline to 0.33. Concentrix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of November 2020 | 200 Day MA 56.6275 | 50 Day MA 43.1604 | Beta 0.674 |
Concentrix |
Sharpe Ratio = 0.0395
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Concentrix is performing at about 3% of its full potential. 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 Concentrix by adding it to a well-diversified portfolio.
Price Book 0.7757 | Enterprise Value Ebitda 12.2823 | Price Sales 0.3333 | Shares Float 41.8 M | Wall Street Target Price 68.8333 |
Concentrix Valuation on June 26, 2024
It is possible to determine the worth of Concentrix on a given historical date. On June 26, 2024 Concentrix was worth 58.43 at the beginning of the trading date compared to the closed value of 57.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Concentrix stock. Still, in general, we apply an absolute valuation method to find Concentrix'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 Concentrix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Concentrix's related companies.
| Open | High | Low | Close | Volume | |
| 59.30 | 59.30 | 58.09 | 58.13 | 472,800 | |
06/26/2024 | 58.43 | 59.17 | 56.87 | 57.34 | 788,900 |
| 65.31 | 65.31 | 60.73 | 62.03 | 1,761,300 |
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Concentrix Trading Date Momentum on June 26, 2024
| On June 27 2024 Concentrix was traded for 62.03 at the closing time. The top price for the day was 65.31 and the lowest listed price was 60.73 . The trading volume for the day was 1.8 M. The trading history from June 27, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 8.18% . The overall trading delta against the current closing price is 10.85% . |
Concentrix Fundamentals Correlations and Trends
By evaluating Concentrix'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 Concentrix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Concentrix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Concentrix Stock history
Concentrix 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 Concentrix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Concentrix 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 Concentrix stock prices may prove useful in developing a viable investing in Concentrix
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 62.1 M | 57.2 M | |
| Net Income Applicable To Common Shares | 500.3 M | 525.3 M |
Concentrix Stock Technical Analysis
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.
Price Boundaries
Concentrix Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Concentrix 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.
Concentrix January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Concentrix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concentrix shares will generate the highest return on investment. By undertsting and applying Concentrix stock market strength indicators, traders can identify Concentrix entry and exit signals to maximize returns
Concentrix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Concentrix's price direction in advance. Along with the technical and fundamental analysis of Concentrix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Concentrix 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 | 0.0298 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | 0.0825 | |||
| Sortino Ratio | 0.0299 | |||
| Treynor Ratio | 0.0771 |
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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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