Comerica Stock Price on October 20, 2021

CMA Stock  USD 54.23  2.23  4.29%   
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 54.23, as last reported on the 28th of March, with the highest price reaching 54.26 and the lowest price hitting 52.43 during the day.
IPO Date
26th of March 1990
200 Day MA
47.764
50 Day MA
51.5036
Beta
1.272
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Comerica Stock, it is important to understand the factors that can impact its price. Comerica secures Sharpe Ratio (or Efficiency) of -0.0028, which signifies that the company had a -0.0028% return per unit of risk over the last 3 months. Comerica exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comerica's Mean Deviation of 1.44, risk adjusted performance of 0.0116, and Downside Deviation of 2.14 to double-check the risk estimate we provide.
  
The current year's Common Stock Shares Outstanding is expected to grow to about 167 M, whereas Total Stockholder Equity is forecasted to decline to about 5.6 B. . At present, Comerica's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Sales Ratio is expected to grow to 2.34, whereas Price Earnings To Growth Ratio is projected to grow to (0.36). Comerica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0028

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Estimated Market Risk

 1.95
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Comerica 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 Comerica by adding Comerica to a well-diversified portfolio.
Price Book
1.1951
Price Sales
2.0511
Shares Float
131.3 M
Dividend Share
2.84
Wall Street Target Price
59.35

Comerica Valuation on October 20, 2021

It is possible to determine the worth of Comerica on a given historical date. On October 20, 2021 Comerica was worth 88.59 at the beginning of the trading date compared to the closed value of 81.79. 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
03/14/2022
  88.59    92.24    81.79    81.79    1,567,009  
  91.69    92.37    82.69    82.69    1,675,366  
Backtest Comerica  |  Comerica History  |  Comerica Valuation Next  
Open Value
88.59
81.79
Closing Value
94.44
Upside

Comerica Trading Date Momentum on October 20, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

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 ReportedProjected for 2024
Common Stock Shares Outstanding132.6 M167 M
Net Income Applicable To Common Shares1.3 B750.5 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.
A focus of Comerica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comerica 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

Comerica Period Price Range

Low
March 14, 2022
High

 88.59 

  

 81.79 

-6.8-7.68%

Comerica March 28, 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.
When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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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Is Comerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Dividend Share
2.84
Earnings Share
6.44
Revenue Per Share
26.538
Quarterly Revenue Growth
(0.22)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.