Corning Incorporated Stock Price Prediction
GLW Stock | USD 52.08 0.00 0.00% |
Oversold Vs Overbought
63
Oversold | Overbought |
Quarterly Earnings Growth (0.64) | EPS Estimate Next Quarter 0.4841 | EPS Estimate Current Year 2.3488 | EPS Estimate Next Year 2.7007 | Wall Street Target Price 55.4943 |
Using Corning Incorporated hype-based prediction, you can estimate the value of Corning Incorporated from the perspective of Corning Incorporated response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Corning Incorporated using Corning Incorporated's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Corning using crowd psychology based on the activity and movement of Corning Incorporated's stock price.
Corning Incorporated Short Interest
An investor who is long Corning Incorporated may also wish to track short interest. As short interest increases, investors should be becoming more worried about Corning Incorporated and may potentially protect profits, hedge Corning Incorporated with its derivative instruments, or be ready for some potential downside.
200 Day MA 42.623 | Short Percent 0.0126 | Short Ratio 2.82 | Shares Short Prior Month 10.7 M | 50 Day MA 48.5326 |
Corning Incorporated Hype to Price Pattern
Investor biases related to Corning Incorporated's public news can be used to forecast risks associated with an investment in Corning. The trend in average sentiment can be used to explain how an investor holding Corning can time the market purely based on public headlines and social activities around Corning Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Corning Incorporated's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Corning Incorporated.
Corning Incorporated Implied Volatility | 0.33 |
Corning Incorporated's implied volatility exposes the market's sentiment of Corning Incorporated stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Corning Incorporated's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Corning Incorporated stock will not fluctuate a lot when Corning Incorporated's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Corning Incorporated to buy its stock at a price that has no basis in reality. In that case, they are not buying Corning because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Corning Incorporated after-hype prediction price | USD 52.03 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Corning contract
Based on the Rule 16, the options market is currently suggesting that Corning Incorporated will have an average daily up or down price movement of about 0.0206% per day over the life of the 2025-04-17 option contract. With Corning Incorporated trading at USD 52.08, that is roughly USD 0.0107 . If you think that the market is fully incorporating Corning Incorporated's daily price movement you should consider acquiring Corning Incorporated options at the current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Corning |
Corning Incorporated After-Hype Price Prediction Density Analysis
As far as predicting the price of Corning Incorporated at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Corning Incorporated or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Corning Incorporated, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Corning Incorporated Estimiated After-Hype Price Volatility
In the context of predicting Corning Incorporated's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Corning Incorporated's historical news coverage. Corning Incorporated's after-hype downside and upside margins for the prediction period are 50.10 and 53.96, respectively. We have considered Corning Incorporated's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Corning Incorporated is very steady at this time. Analysis and calculation of next after-hype price of Corning Incorporated is based on 3 months time horizon.
Corning Incorporated Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Corning Incorporated is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corning Incorporated backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Corning Incorporated, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.20 | 1.93 | 0.05 | 0.14 | 11 Events / Month | 10 Events / Month | In about 11 days |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
52.08 | 52.03 | 0.10 |
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Corning Incorporated Hype Timeline
On the 1st of February Corning Incorporated is traded for 52.08. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.14. Corning is expected to decline in value after the next headline, with the price expected to drop to 52.03. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.1%, whereas the daily expected return is currently at 0.2%. The volatility of related hype on Corning Incorporated is about 272.15%, with the expected price after the next announcement by competition of 52.22. About 73.0% of the company shares are owned by institutional investors. The book value of Corning Incorporated was currently reported as 13.64. The company has Price/Earnings To Growth (PEG) ratio of 0.64. Corning Incorporated last dividend was issued on the 15th of November 2024. The entity had 3:1 split on the 4th of October 2000. Considering the 90-day investment horizon the next expected press release will be in about 11 days. Check out Corning Incorporated Basic Forecasting Models to cross-verify your projections.Corning Incorporated Related Hype Analysis
Having access to credible news sources related to Corning Incorporated's direct competition is more important than ever and may enhance your ability to predict Corning Incorporated's future price movements. Getting to know how Corning Incorporated's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Corning Incorporated may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
OSIS | OSI Systems | (1.67) | 9 per month | 1.56 | 0.17 | 3.70 | (3.17) | 17.36 | |
FN | Fabrinet | 5.31 | 10 per month | 0.00 | (0.05) | 6.01 | (4.46) | 29.08 | |
JBL | Jabil Circuit | (0.27) | 9 per month | 1.43 | 0.16 | 3.72 | (1.93) | 15.23 | |
VICR | Vicor | (2.42) | 9 per month | 4.11 | 0.03 | 8.42 | (4.87) | 30.06 | |
TEL | TE Connectivity | 2.41 | 11 per month | 1.31 | (0.04) | 1.83 | (2.14) | 7.45 | |
LFUS | Littelfuse | (0.35) | 9 per month | 0.00 | (0.09) | 3.14 | (2.64) | 7.89 | |
SANM | Sanmina | (1.65) | 11 per month | 1.45 | 0.12 | 2.50 | (2.37) | 19.29 | |
CLS | Celestica | 4.17 | 10 per month | 5.52 | 0.17 | 7.10 | (4.05) | 37.21 | |
PLXS | Plexus Corp | 1.66 | 11 per month | 2.48 | (0.04) | 2.30 | (2.93) | 20.07 | |
FLEX | Flex | 0.11 | 10 per month | 2.54 | 0.08 | 4.33 | (2.77) | 19.36 | |
APH | Amphenol | 1.35 | 11 per month | 2.63 | (0.01) | 3.32 | (2.65) | 19.61 | |
TTMI | TTM Technologies | (0.14) | 9 per month | 1.96 | 0.11 | 3.33 | (3.22) | 21.64 |
Corning Incorporated Additional Predictive Modules
Most predictive techniques to examine Corning price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Corning using various technical indicators. When you analyze Corning charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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About Corning Incorporated Predictive Indicators
The successful prediction of Corning Incorporated stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Corning Incorporated, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Corning Incorporated based on analysis of Corning Incorporated hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Corning Incorporated's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Corning Incorporated's related companies. 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0346 | 0.0383 | 0.0243 | 0.0231 | Price To Sales Ratio | 1.9 | 2.05 | 3.09 | 2.61 |
Story Coverage note for Corning Incorporated
The number of cover stories for Corning Incorporated depends on current market conditions and Corning Incorporated's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Corning Incorporated is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Corning Incorporated's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Corning Incorporated Short Properties
Corning Incorporated's future price predictability will typically decrease when Corning Incorporated's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Corning Incorporated often depends not only on the future outlook of the potential Corning Incorporated's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Corning Incorporated's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 854 M |
Additional 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.