Corning Incorporated Stock Price on December 13, 2024

GLW Stock  USD 48.15  0.46  0.95%   
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 48.15, as last reported on the 16th of December 2024, with the highest price reaching 49.07 and the lowest price hitting 47.85 during the day.
IPO Date
31st of December 1981
200 Day MA
40.2795
50 Day MA
47.4986
Beta
1.029
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.13, which signifies that the company had a 0.13% 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 1.09, downside deviation of 1.31, and Risk Adjusted Performance of 0.1223 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
  
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.

Sharpe Ratio = 0.1292

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Corning Incorporated is performing at about 10% 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
3.7131
Enterprise Value Ebitda
23.5302
Price Sales
3.2691
Shares Float
775.7 M
Dividend Share
1.12

Corning Incorporated Main Headline on 13th of December 2024

Corning Incorporated dividend paid on 13th of December 2024

Corning Incorporated Valuation on December 13, 2024

It is possible to determine the worth of Corning Incorporated on a given historical date. On December 13, 2024 Corning was worth 48.75 at the beginning of the trading date compared to the closed value of 48.15. 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
  47.56    49.03    47.50    48.61    4,900,720  
12/13/2024
  48.75    49.07    47.85    48.15    4,023,512  
  48.75    49.07    47.85    48.15    0.00  
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Open Value
48.75
48.15
Closing Value
53.06
Upside

Corning Incorporated Trading Date Momentum on December 13, 2024

On December 16 2024 Corning Incorporated was traded for  48.15  at the closing time. Highest Corning Incorporated's price during the trading hours was 49.07  and the lowest price during the day was  47.85 . There was no trading activity during the period 0.0. Lack of trading volume on the 16th of December 2024 did not affect price variability. The overall trading delta to current price is 1.25% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding859 M1.2 B
Net Income Applicable To Common Shares1.2 B1.4 B

Corning Incorporated Quarterly Net Working Capital

3.04 Billion

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.
A focus of Corning Incorporated technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corning Incorporated trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Corning Incorporated Period Price Range

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December 16, 2024
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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 16, 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.

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.