Cummins Stock Price on December 3, 2024

CMI Stock  USD 378.33  2.59  0.69%   
Below is the normalized historical share price chart for Cummins extending back to November 05, 1984. 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 Cummins stands at 378.33, as last reported on the 4th of December, with the highest price reaching 378.88 and the lowest price hitting 375.05 during the day.
IPO Date
18th of December 1984
200 Day MA
300.7212
50 Day MA
342.892
Beta
0.971
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cummins Stock, it is important to understand the factors that can impact its price. Cummins appears to be very steady, given 3 months investment horizon. Cummins secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cummins, which you can use to evaluate the volatility of the firm. Please makes use of Cummins' Risk Adjusted Performance of 0.1473, mean deviation of 1.08, and Downside Deviation of 0.9824 to double-check if our risk estimates are consistent with your expectations.
  
As of now, Cummins' Common Stock is increasing as compared to previous years. The Cummins' current Stock Based Compensation is estimated to increase to about 83 M, while Other Stockholder Equity is forecasted to increase to (7 B). . As of now, Cummins' Price Fair Value is increasing as compared to previous years. Cummins Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2511

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Estimated Market Risk

 1.55
  actual daily
13
87% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Cummins is performing at about 19% 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 Cummins by adding it to a well-diversified portfolio.
Price Book
4.9971
Enterprise Value Ebitda
12.9236
Price Sales
1.5072
Shares Float
136.4 M
Dividend Share
6.86

Related Headline

Illinois Tool Headline on 3rd of December 2024

Report with market evolution powered by AI - The global food processing machinery market size is estimated to grow by USD 22.09 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.49 percent during the forecast period. Rising investments in food processing sector in developing economies in APAC is driving market growth, with a trend towards availability of customized food processing machinery. However, purchase of refurbished machinery and retrofitting of

Cummins Valuation on December 3, 2024

It is possible to determine the worth of Cummins on a given historical date. On December 3, 2024 Cummins was worth 378.39 at the beginning of the trading date compared to the closed value of 375.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cummins stock. Still, in general, we apply an absolute valuation method to find Cummins' 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 Cummins where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cummins' related companies.
 Open High Low Close Volume
  377.57    378.81    373.36    377.30    563,022  
12/03/2024
  378.39    379.55    371.68    375.74    465,431  
  377.55    378.88    375.05    378.33    511,521  
Backtest Cummins  |  Cummins History  |  Cummins Valuation   PreviousNext  
Open Value
378.39
373.74
Downside
375.74
Closing Value
383.04
Upside

Cummins Trading Date Momentum on December 3, 2024

On December 04 2024 Cummins was traded for  378.33  at the closing time. Highest Cummins's price during the trading hours was 378.88  and the lowest price during the day was  375.05 . The net volume was 511.5 K. The overall trading history on the 4th of December contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.69% . The overall trading delta to current price is 0.48% .

Cummins Fundamentals Correlations and Trends

By evaluating Cummins' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cummins' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cummins financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cummins Stock history

Cummins 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 Cummins is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cummins 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 Cummins stock prices may prove useful in developing a viable investing in Cummins
Last ReportedProjected for Next Year
Common Stock Shares Outstanding142.7 M170 M
Net Income Applicable To Common Shares2.5 B1.3 B

Cummins Quarterly Net Working Capital

3.82 Billion

Cummins Stock Technical Analysis

Cummins 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.
A focus of Cummins technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cummins trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cummins Period Price Range

Low
December 4, 2024
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High

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Cummins cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Cummins December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Cummins stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cummins shares will generate the highest return on investment. By undertsting and applying Cummins stock market strength indicators, traders can identify Cummins entry and exit signals to maximize returns

Cummins Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cummins' price direction in advance. Along with the technical and fundamental analysis of Cummins Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cummins 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.

Complementary Tools for Cummins Stock analysis

When running Cummins' price analysis, check to measure Cummins' 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 Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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