CORNING INC 585 Price on December 2, 2024
| 219350BL8 | 101.51 0.69 0.68% |
If you're considering investing in CORNING Bond, it is important to understand the factors that can impact its price. As of today, the current price of CORNING stands at 101.51, as last reported on the 11th of December 2024, with the highest price reaching 101.51 and the lowest price hitting 101.51 during the day. CORNING INC 585 secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11% return per unit of risk over the last 3 months. CORNING INC 585 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CORNING's mean deviation of 1.61, and Risk Adjusted Performance of 0.0053 to double-check the risk estimate we provide.
CORNING Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
CORNING |
Sharpe Ratio = -0.1063
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| Negative Returns | 219350BL8 |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CORNING is not performing at its full potential. However, 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 by adding CORNING to a well-diversified portfolio.
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CORNING Valuation on December 2, 2024
It is possible to determine the worth of CORNING on a given historical date. On December 2, 2024 CORNING was worth 102.43 at the beginning of the trading date compared to the closed value of 102.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CORNING bond. Still, in general, we apply an absolute valuation method to find CORNING'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CORNING's related companies.
| Open | High | Low | Close | Volume | |
| 101.25 | 101.25 | 101.25 | 101.25 | 1.00 | |
12/02/2024 | 102.43 | 102.43 | 102.43 | 102.43 | 1.00 |
| 101.91 | 101.91 | 101.91 | 101.91 | 1.00 |
| Backtest CORNING | | | CORNING History | | | CORNING Valuation | Previous | Next |
CORNING Trading Date Momentum on December 2, 2024
| On December 04 2024 CORNING INC 585 was traded for 101.91 at the closing time. The highest price during the trading period was 101.91 and the lowest recorded bid was listed for 101.91 . There was no trading activity during the period 1.0. Lack of trading volume on December 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.51% . The overall trading delta to the current price is 3.34% . |
About CORNING Bond history
CORNING 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 INC 585 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 stock prices may prove useful in developing a viable investing in CORNING
CORNING Bond Technical Analysis
CORNING technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
CORNING Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CORNING INC 585 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CORNING bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CORNING shares will generate the highest return on investment. By undertsting and applying CORNING bond market strength indicators, traders can identify CORNING INC 585 entry and exit signals to maximize returns
CORNING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CORNING's price direction in advance. Along with the technical and fundamental analysis of CORNING Bond 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 | 0.0053 | |||
| Jensen Alpha | 0.0565 | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.0276 |
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Other Information on Investing in CORNING Bond
CORNING financial ratios help investors to determine whether CORNING Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CORNING with respect to the benefits of owning CORNING security.