Corning Incorporated Total Risk Alpha
| GLW Stock | | | USD 136.81 1.49 1.10% |
The Total Risk Alpha signal for Corning Incorporated reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Corning Incorporated has a market cap of 116.24 B, operating margin of 16.56%, current ratio of 1.51. Portfolio-level context is available through
Risk vs Return Analysis. Including Corning Incorporated in a portfolio enables allocation and risk analysis. All values are based on available data and provided as reference information. Broader economic conditions can influence Corning Incorporated's company valuation — related indicators include
signals in board of governors.
The fundamentals of trading Corning Stock are covered in our
How to Buy Corning Incorporated walkthrough. This resource outlines the process for evaluating Corning Stock from a trading perspective. It covers the mechanics of investing in Corning Incorporated from account funding through order execution.
Corning Incorporated has current Total Risk Alpha of 1.13. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 1.13 | |
| ER[a] | = | Expected return on investing in Corning Incorporated |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Corning Incorporated |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Corning Incorporated stands at number one for total risk alpha across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
21.35 ratio of Maximum Drawdown to Total Risk Alpha. Corning Incorporated's Maximum Drawdown exceeds Total Risk Alpha by a factor of
21.35 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Corning Incorporated to Peers
Other Technical Indicators