Comerica Stock Price on December 26, 2024
CMA Stock | USD 62.42 0.56 0.91% |
Below is the normalized historical share price chart for Comerica extending back to November 05, 1984. 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 Comerica stands at 62.42, as last reported on the 26th of December, with the highest price reaching 62.49 and the lowest price hitting 61.66 during the day.
If you're considering investing in Comerica Stock, it is important to understand the factors that can impact its price. At this point, Comerica is very steady. Comerica secures Sharpe Ratio (or Efficiency) of 0.0536, which signifies that the company had a 0.0536% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Comerica, which you can use to evaluate the volatility of the firm. Please confirm Comerica's Mean Deviation of 1.45, downside deviation of 1.86, and Risk Adjusted Performance of 0.0406 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Comerica's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.02, whereas Total Stockholder Equity is forecasted to decline to about 5.6 B. . At present, Comerica's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 15.19, whereas Price Earnings To Growth Ratio is projected to grow to (0.33). Comerica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 56.6568 | 50 Day MA 66.42 | Beta 1.24 |
Comerica |
Sharpe Ratio = 0.0536
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Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Comerica is performing at about 4% 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 Comerica by adding it to a well-diversified portfolio.
Price Book 1.1774 | Price Sales 2.597 | Shares Float 130.6 M | Dividend Share 2.84 | Wall Street Target Price 71.4924 |
Comerica Valuation on December 26, 2024
It is possible to determine the worth of Comerica on a given historical date. On December 26, 2024 Comerica was worth 61.86 at the beginning of the trading date compared to the closed value of 62.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comerica stock. Still, in general, we apply an absolute valuation method to find Comerica'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 Comerica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comerica's related companies.
Open | High | Low | Close | Volume | |
62.00 | 62.49 | 61.66 | 62.42 | 727,837 | |
12/26/2024 | 61.86 | 62.49 | 61.66 | 62.42 | 0.00 |
61.86 | 62.49 | 61.66 | 62.42 | 0.00 |
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Comerica Trading Date Momentum on December 26, 2024
On December 26 2024 Comerica was traded for 62.42 at the closing time. Highest Comerica's price during the trading hours was 62.49 and the lowest price during the day was 61.66 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of December did not affect price variability. The overall trading delta to current price is 0.90% . |
Comerica Fundamentals Correlations and Trends
By evaluating Comerica'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 Comerica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comerica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Comerica Stock history
Comerica 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 Comerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comerica 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 Comerica stock prices may prove useful in developing a viable investing in Comerica
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 152.9 M | 166.9 M | |
Net Income Applicable To Common Shares | 1.3 B | 750.5 M |
Comerica Stock Technical Analysis
Comerica 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
Comerica Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Comerica 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.
Comerica December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Comerica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comerica shares will generate the highest return on investment. By undertsting and applying Comerica stock market strength indicators, traders can identify Comerica entry and exit signals to maximize returns
Comerica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Comerica's price direction in advance. Along with the technical and fundamental analysis of Comerica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comerica 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 | 0.0406 | |||
Jensen Alpha | 0.0088 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0267 | |||
Treynor Ratio | 0.0388 |
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Volume Indicators |
Complementary Tools for Comerica Stock analysis
When running Comerica's price analysis, check to measure Comerica'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 Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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