Comcast Stock Price on August 16, 2022 Breakdown

CMCSA
 Stock
  

USD 34.97  0.35  1.01%   

As of today, the current price of Comcast Corp is  34.97 , as last reported on the 8th of December, with the highest price reaching  35.14  and the lowest price hitting  34.38  during the day.
We consider Comcast Corp very steady. Comcast Corp secures Sharpe Ratio (or Efficiency) of 0.0072, which signifies that the company had 0.0072% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Comcast Corp, which you can use to evaluate the future volatility of the firm. Please confirm Comcast Corp Mean Deviation of 1.62, downside deviation of 1.93, and Risk Adjusted Performance of 0.0244 to double-check if the risk estimate we provide is consistent with the expected return of 0.0151%.
  
As of December 8, 2022, Net Income Common Stock is expected to decline to about 13.5 B. Comcast Corp Price to Book Value is projected to increase slightly based on the last few years of reporting. The past year's Price to Book Value was at 2.39. The current year Price to Sales Ratio is expected to grow to 2.14, whereas Price to Earnings Ratio are forecasted to decline to 15.55. Comcast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
4.3 B
Net Income Applicable To Common Shares
14.2 B
Shares Outstanding
4.3 B
Shares Short Prior Month
73.6 M
Dividend Share
1.06
Earnings Share
1.18

Comcast Corp Valuation on August 16, 2022

It is possible to determine the worth of Comcast Corp on a given historical date. On August 16, 2022 Comcast was worth 40.16 at the beginning of the trading date compared to the closed value of 40.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comcast Corp stock. Still, in general, we apply an absolute valuation method to find Comcast Corp'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comcast Corp's related companies.
 Open High Low Close Volume
  39.59    40.63    39.40    40.21    19,005,840  
08/16/2022
  40.16    40.56    39.94    40.00    17,641,949  
  39.98    40.08    38.91    38.91    18,447,670  
Backtest Comcast Corp  |  Comcast Corp History  |  Comcast Corp Valuation   PreviousNext  
Open Value 40.16
40.0
Closing Value
46.47
Upside

Comcast Corp Trading Date Momentum on August 16, 2022

On August 17 2022 Comcast Corp was traded for  38.91  at the closing time. The highest daily price throughout the period was 40.08  and the lowest price was  38.91 . The daily volume was 18.4 M. The net trading volume on 08/17/2022 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.73% . The overall trading delta to current closing price is 5.62% .

Comcast Corp Fundamentals Correlations and Trends

By evaluating Comcast Corp'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 Comcast Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comcast financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Comcast Corp Stock history

Comcast Corp 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 Comcast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comcast Corp 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 Comcast Corp historical stock prices may prove useful in developing a viable investing in Comcast Corp
Last ReportedProjected for 2022
Weighted Average Shares4.6 B5.3 B
Weighted Average Shares Diluted4.7 B5.4 B
Issuance Purchase of Equity Shares-4.7 B-5 B

Comcast Corp Stock Technical Analysis

Comcast Corp 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 Comcast Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comcast Corp 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

Comcast Corp Period Price Range

Low
August 16, 2022
High

 40.16 

  

 40.00 

-0.16-0.4%

Comcast Corp December 8, 2022 Market Strength

Market strength indicators help investors to evaluate how Comcast Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comcast Corp shares will generate the highest return on investment. By undertsting and applying Comcast Corp stock market strength indicators, traders can identify Comcast Corp entry and exit signals to maximize returns

Comcast Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Comcast stock's direction in advance. Along with the technical and fundamental analysis of Comcast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comcast 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 stock 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.
Continue to Trending Equities. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Comcast Corp price analysis, check to measure Comcast Corp'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 Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp'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 Comcast Corp. If investors know Comcast 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 Comcast Corp 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 YOY
(0.05) 
Market Capitalization
149.7 B
Quarterly Revenue Growth YOY
(0.015) 
Return On Assets
0.0539
Return On Equity
0.0562
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Comcast Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.