Corning Incorporated (Germany) Price on November 27, 2024
| GLW Stock | EUR 45.52 0.08 0.18% |
If you're considering investing in Corning Stock, it is important to understand the factors that can impact its price. As of today, the current price of Corning Incorporated stands at 45.52, as last reported on the 1st of December, with the highest price reaching 45.52 and the lowest price hitting 45.52 during the day. Corning Incorporated appears to be very steady, given 3 months investment horizon. Corning Incorporated secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Corning Incorporated, which you can use to evaluate the volatility of the firm. Please makes use of Corning Incorporated's Risk Adjusted Performance of 0.1327, downside deviation of 1.34, and Mean Deviation of 1.24 to double-check if our risk estimates are consistent with your expectations.
Corning Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Corning |
Sharpe Ratio = 0.1639
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Corning Incorporated is performing at about 12% 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 Corning Incorporated by adding it to a well-diversified portfolio.
Corning Incorporated Valuation on November 27, 2024
It is possible to determine the worth of Corning Incorporated on a given historical date. On November 27, 2024 Corning was worth 45.61 at the beginning of the trading date compared to the closed value of 45.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corning Incorporated stock. Still, in general, we apply an absolute valuation method to find Corning Incorporated'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 Corning Incorporated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corning Incorporated's related companies.
| Open | High | Low | Close | Volume | |
| 45.92 | 45.92 | 45.77 | 45.77 | 100.00 | |
11/27/2024 | 45.61 | 45.61 | 45.55 | 45.55 | 200.00 |
| 45.60 | 45.60 | 45.60 | 45.60 | 200.00 |
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Corning Incorporated Trading Date Momentum on November 27, 2024
| On November 28 2024 Corning Incorporated was traded for 45.60 at the closing time. The highest daily price throughout the period was 45.60 and the lowest price was 45.60 . The daily volume was 200. The net trading volume on 11/28/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.07% . |
Corning Incorporated Fundamentals Correlations and Trends
By evaluating Corning Incorporated'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 Corning Incorporated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Corning financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Corning Incorporated Stock history
Corning Incorporated 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 Corning is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corning Incorporated 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 Corning Incorporated stock prices may prove useful in developing a viable investing in Corning Incorporated
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York. CORNING INC operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 51500 people.
Corning Incorporated Stock Technical Analysis
Corning Incorporated 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
Corning Incorporated Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Corning Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Corning Incorporated December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Corning Incorporated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corning Incorporated shares will generate the highest return on investment. By undertsting and applying Corning Incorporated stock market strength indicators, traders can identify Corning Incorporated entry and exit signals to maximize returns
Corning Incorporated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Corning Incorporated's price direction in advance. Along with the technical and fundamental analysis of Corning Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Corning 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 | 0.1327 | |||
| Jensen Alpha | 0.227 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1353 | |||
| Treynor Ratio | 0.4801 |
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| Volume Indicators |
Complementary Tools for Corning Stock analysis
When running Corning Incorporated's price analysis, check to measure Corning Incorporated'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 Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.
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