Comerica Stock Performance

CMA
 Stock
  

USD 71.74  0.74  1.04%   

The firm shows a Beta (market volatility) of 1.2791, which signifies a somewhat significant risk relative to the market. Let's try to break down what Comerica's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Comerica will likely underperform. Even though it is essential to pay attention to Comerica historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Comerica exposes twenty-one different technical indicators, which can help you to evaluate its performance. Comerica has an expected return of -0.15%. Please be advised to confirm Comerica standard deviation, treynor ratio, downside variance, as well as the relationship between the information ratio and value at risk to decide if Comerica performance from the past will be repeated at some point in the near future.
  
Comerica Performance
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Over the last 90 days Comerica has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's primary indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0383
Payout Ratio
0.36
Last Split Factor
3:2
Forward Annual Dividend Rate
2.72
Dividend Date
2023-01-01
Ex Dividend Date
2022-12-14

Comerica Price Channel

Begin Period Cash Flow15767000000.00
Total Cashflows From Investing Activities1723000000.00

Comerica Relative Risk vs. Return Landscape

If you would invest  8,037  in Comerica on September 2, 2022 and sell it today you would lose (863.00)  from holding Comerica or give up 10.74% of portfolio value over 90 days. Comerica is generating negative expected returns assuming volatility of 2.5017% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Comerica, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Comerica is expected to under-perform the market. In addition to that, the company is 1.65 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.08 per unit of volatility.

Comerica Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Comerica's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Comerica, and traders can use it to determine the average amount a Comerica'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 = -0.0608

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Negative ReturnsCMA
Estimated Market Risk
 2.5
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 -0.15
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.06
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Comerica is performing at about 0% 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.

About Comerica Performance

To evaluate Comerica Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Comerica generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Comerica Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Comerica market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Comerica's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 1.28  1.07 
Return on Average Equity 14.65  15.80 
Return on Invested Capital 0.02  0.0186 
Return on Sales 0.45  0.43 

Things to note about Comerica

Checking the ongoing alerts about Comerica for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Comerica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Comerica Alerts

Equity Alerts and Improvement Suggestions

Comerica generated a negative expected return over the last 90 days
Comerica has a frail financial position based on the latest SEC disclosures
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: DBS Vickers Initiates Coverage on Li Auto - MarketBeat
Continue to Trending Equities. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Comerica 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 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 YOY
0.37
Market Capitalization
9.4 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
0.0115
Return On Equity
0.16
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 Comerica value 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.