Concentrix Stock Forecast - Market Facilitation Index

CNXC Stock  USD 44.92  0.36  0.81%   
Concentrix Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Concentrix stock prices and determine the direction of Concentrix's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Concentrix's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Concentrix's Asset Turnover is projected to increase slightly based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 525.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 57.2 M.
On November 26, 2024 Concentrix had Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
Check Concentrix VolatilityBacktest ConcentrixTrend Details  

Concentrix Trading Date Momentum

On November 27 2024 Concentrix was traded for  44.92  at the closing time. The top price for the day was 45.93  and the lowest listed price was  43.95 . The trading volume for the day was 653.2 K. The trading history from November 27, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.81% . The overall trading delta against the current closing price is 0.65% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Concentrix to competition

Other Forecasting Options for Concentrix

For every potential investor in Concentrix, whether a beginner or expert, Concentrix's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Concentrix Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Concentrix. Basic forecasting techniques help filter out the noise by identifying Concentrix's price trends.

View Concentrix Related Equities

 Risk & Return  Correlation

Concentrix Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Concentrix's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Concentrix's current price.

Concentrix Market Strength Events

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 Risk Indicators

The analysis of Concentrix's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Concentrix's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting concentrix stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix'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 Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock:
Check out Historical Fundamental Analysis of Concentrix to cross-verify your projections.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Data Processing & Outsourced Services 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 Concentrix. If investors know Concentrix 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 Concentrix 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
(0.83)
Dividend Share
1.21
Earnings Share
3.02
Revenue Per Share
146.1
Quarterly Revenue Growth
0.462
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix'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 Concentrix's market value can be influenced by many factors that don't directly affect Concentrix'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 Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix'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.