Corning Incorporated (Germany) Performance
| GLW Stock | EUR 42.28 0.89 2.15% |
The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Corning Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corning Incorporated is expected to be smaller as well. At this point, Corning Incorporated has a negative expected return of -0.0926%. Please make sure to confirm Corning Incorporated's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Corning Incorporated performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Corning Incorporated has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Corning Incorporated is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 2.1 B |
Corning |
Corning Incorporated Relative Risk vs. Return Landscape
If you would invest 4,539 in Corning Incorporated on December 17, 2024 and sell it today you would lose (311.00) from holding Corning Incorporated or give up 6.85% of portfolio value over 90 days. Corning Incorporated is currently producing negative expected returns and takes up 2.2687% volatility of returns over 90 trading days. Put another way, 20% of traded stocks are less volatile than Corning, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Corning Incorporated Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corning Incorporated's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corning Incorporated, and traders can use it to determine the average amount a Corning Incorporated's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0408
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| Negative Returns | GLW |
Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Corning Incorporated is not performing at its full potential. However, 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 Corning Incorporated to a well-diversified portfolio.
Corning Incorporated Fundamentals Growth
Corning Stock prices reflect investors' perceptions of the future prospects and financial health of Corning Incorporated, and Corning Incorporated fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Corning Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0399 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 32.62 B | |||
| Shares Outstanding | 846.56 M | |||
| Price To Earning | 15.42 X | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 1.79 X | |||
| Revenue | 14.19 B | |||
| EBITDA | 3.54 B | |||
| Cash And Equivalents | 1.18 B | |||
| Cash Per Share | 1.51 X | |||
| Total Debt | 6.69 B | |||
| Debt To Equity | 52.10 % | |||
| Book Value Per Share | 14.24 X | |||
| Cash Flow From Operations | 2.62 B | |||
| Earnings Per Share | 1.45 X | |||
| Total Asset | 29.5 B | |||
About Corning Incorporated Performance
By analyzing Corning Incorporated's fundamental ratios, stakeholders can gain valuable insights into Corning Incorporated's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Corning Incorporated has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Corning Incorporated has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York. CORNING INC operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 51500 people.Things to note about Corning Incorporated performance evaluation
Checking the ongoing alerts about Corning Incorporated for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corning Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corning Incorporated generated a negative expected return over the last 90 days | |
| About 72.0% of the company shares are owned by institutional investors |
- Analyzing Corning Incorporated's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corning Incorporated's stock is overvalued or undervalued compared to its peers.
- Examining Corning Incorporated's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corning Incorporated's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corning Incorporated's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corning Incorporated's stock. These opinions can provide insight into Corning Incorporated's potential for growth and whether the stock is currently undervalued or overvalued.
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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