Comerica Incorporated Stock Statistic Functions Beta
| CMA Stock | USD 88.67 4.19 4.51% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Comerica Incorporated correlated with the market. If Beta is less than 0 Comerica Incorporated generally moves in the opposite direction as compared to the market. If Comerica Incorporated Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Comerica Incorporated is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Comerica Incorporated is generally in the same direction as the market. If Beta > 1 Comerica Incorporated moves generally in the same direction as, but more than the movement of the benchmark.
Comerica Incorporated Technical Analysis Modules
Most technical analysis of Comerica Incorporated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Comerica from various momentum indicators to cycle indicators. When you analyze Comerica 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 Comerica Incorporated Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Comerica Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Comerica Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Comerica Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Comerica Incorporated's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Comerica Incorporated's intrinsic value. In addition to deriving basic predictive indicators for Comerica Incorporated, we also check how macroeconomic factors affect Comerica Incorporated price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0535 | 0.0486 | 0.0327 | 0.044 | Price To Sales Ratio | 1.4 | 1.65 | 2.39 | 1.83 |
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Comerica Incorporated pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comerica Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comerica Incorporated will appreciate offsetting losses from the drop in the long position's value.Comerica Incorporated Pair Trading
Comerica Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Comerica Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comerica Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comerica Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comerica Incorporated to buy it.
The correlation of Comerica Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comerica Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comerica Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comerica Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica Incorporated. Projected growth potential of Comerica fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Comerica Incorporated assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.036 | Dividend Share 2.84 | Earnings Share 5.05 | Revenue Per Share | Quarterly Revenue Growth 0.04 |
Comerica Incorporated's market price often diverges from its book value, the accounting figure shown on Comerica's balance sheet. Smart investors calculate Comerica Incorporated's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Comerica Incorporated's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Comerica Incorporated's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Comerica Incorporated should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Comerica Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.