Corning Incorporated Stock Price on December 5, 2024
| GLW Stock | USD 47.78 0.21 0.44% |
Below is the normalized historical share price chart for Corning Incorporated extending back to May 01, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Corning Incorporated stands at 47.78, as last reported on the 30th of December, with the highest price reaching 48.07 and the lowest price hitting 47.45 during the day.
If you're considering investing in Corning Stock, it is important to understand the factors that can impact its price. At this stage we consider Corning Stock to be very steady. Corning Incorporated secures Sharpe Ratio (or Efficiency) of 0.091, which signifies that the company had a 0.091% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Corning Incorporated, which you can use to evaluate the volatility of the firm. Please confirm Corning Incorporated's Mean Deviation of 1.07, risk adjusted performance of 0.0722, and Downside Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Corning Incorporated's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock Total Equity is likely to climb to about 1.2 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 17.1 B in 2024. . At this time, Corning Incorporated's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 46.67 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.76). Corning Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1981 | 200 Day MA 40.9446 | 50 Day MA 47.8306 | Beta 1.029 |
Corning |
Sharpe Ratio = 0.091
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Corning Incorporated is performing at about 7% 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.
Price Book 3.6846 | Enterprise Value Ebitda 23.3747 | Price Sales 3.244 | Shares Float 775.7 M | Dividend Share 1.12 |
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Corning Incorporated Valuation on December 5, 2024
It is possible to determine the worth of Corning Incorporated on a given historical date. On December 5, 2024 Corning was worth 49.08 at the beginning of the trading date compared to the closed value of 49.76. 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 | |
| 49.25 | 49.34 | 48.88 | 49.15 | 2,561,175 | |
12/05/2024 | 49.08 | 50.00 | 49.08 | 49.76 | 4,481,103 |
| 49.72 | 49.93 | 49.41 | 49.56 | 3,277,829 |
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Corning Incorporated Trading Date Momentum on December 5, 2024
| On December 06 2024 Corning Incorporated was traded for 49.56 at the closing time. Highest Corning Incorporated's price during the trading hours was 49.93 and the lowest price during the day was 49.41 . The net volume was 3.3 M. The overall trading history on the 6th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.40% . The overall trading delta to current price is 2.93% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 859 M | 1.2 B | |
| Net Income Applicable To Common Shares | 1.2 B | 1.4 B |
Corning Incorporated Quarterly Net Working Capital |
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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 30, 2024
| High |
0.00 | 0.00 |
Corning Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 30, 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 | 0.0722 | |||
| Jensen Alpha | 0.1102 | |||
| Total Risk Alpha | 0.0715 | |||
| Sortino Ratio | 0.0664 | |||
| Treynor Ratio | 2.6 |
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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.