Corning Incorporated (Germany) Price Patterns
| GLW Stock | EUR 129.10 2.88 2.28% |
Momentum 73
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth 0.774 | Wall Street Target Price 48.45 | Quarterly Revenue Growth 0.204 |
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.
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 | EUR 132.88 |
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.
Corning |
Corning Incorporated After-Hype Price 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 116.19 and 136.57, 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 compare with 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 Outlook 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 |
1.06 | 3.70 | 3.93 | 0.24 | 7 Events / Month | 1 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
129.10 | 132.88 | 2.93 |
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Corning Incorporated Hype Timeline
Corning Incorporated is currently traded for 129.10on Frankfurt Exchange of Germany. The entity has historical hype elasticity of 3.93, and average elasticity to hype of competition of -0.24. Corning is estimated to increase in value after the next headline, with the price projected to jump to 132.88 or above. The average volatility of media hype impact on the company the price is about 99.73%. The price rise on the next news is forecasted to be 2.93%, whereas the daily expected return is currently at 1.06%. The volatility of related hype on Corning Incorporated is about 1635.36%, with the expected price after the next announcement by competition of 128.86. Corning Incorporated has accumulated 804 M in total debt with debt to equity ratio (D/E) of 52.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Assuming the 90 days horizon the next estimated press release will be in about 7 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 | |||
| N5Z | North American Construction | (0.30) | 7 per month | 1.63 | 0.09 | 3.23 | (2.52) | 9.41 | |
| HNC | Hanison Construction Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 3MJ | Major Drilling Group | 0.55 | 5 per month | 2.36 | 0.19 | 5.88 | (4.27) | 17.02 | |
| DFA1 | DAIRY FARM INTL | 0.04 | 1 per month | 1.28 | 0.11 | 4.22 | (2.37) | 9.55 | |
| PO6 | Penta Ocean Construction Co | 0.1 | 2 per month | 2.11 | 0.12 | 6.09 | (3.80) | 13.57 | |
| HCM | Hitachi Construction Machinery | (0.20) | 3 per month | 1.28 | 0.27 | 3.93 | (2.79) | 11.56 | |
| 3TY | Titan Machinery | (0.50) | 1 per month | 2.08 | 0.1 | 5.38 | (3.61) | 24.14 | |
| PRE1 | PRECISION DRILLING P | (1.50) | 6 per month | 2.26 | 0.19 | 4.92 | (3.31) | 16.21 |
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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
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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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