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GLW vs. ADP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GLW and ADP is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

GLW vs. ADP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corning Incorporated (GLW) and Automatic Data Processing, Inc. (ADP). The values are adjusted to include any dividend payments, if applicable.

2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%12,000.00%14,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,742.58%
14,304.98%
GLW
ADP

Key characteristics

Sharpe Ratio

GLW:

2.39

ADP:

1.93

Sortino Ratio

GLW:

3.47

ADP:

2.67

Omega Ratio

GLW:

1.46

ADP:

1.35

Calmar Ratio

GLW:

1.04

ADP:

2.29

Martin Ratio

GLW:

12.05

ADP:

10.76

Ulcer Index

GLW:

5.29%

ADP:

2.73%

Daily Std Dev

GLW:

26.65%

ADP:

15.25%

Max Drawdown

GLW:

-99.02%

ADP:

-59.50%

Current Drawdown

GLW:

-37.24%

ADP:

-4.03%

Fundamentals

Market Cap

GLW:

$40.89B

ADP:

$120.94B

EPS

GLW:

$0.19

ADP:

$9.35

PEG Ratio

GLW:

0.62

ADP:

2.69

Total Revenue (TTM)

GLW:

$12.61B

ADP:

$19.52B

Gross Profit (TTM)

GLW:

$3.95B

ADP:

$9.15B

EBITDA (TTM)

GLW:

$2.35B

ADP:

$5.98B

Returns By Period

In the year-to-date period, GLW achieves a 59.93% return, which is significantly higher than ADP's 28.98% return. Over the past 10 years, GLW has underperformed ADP with an annualized return of 10.39%, while ADP has yielded a comparatively higher 15.71% annualized return.


GLW

YTD

59.93%

1M

-0.08%

6M

19.63%

1Y

61.36%

5Y*

13.65%

10Y*

10.39%

ADP

YTD

28.98%

1M

-1.02%

6M

19.79%

1Y

31.22%

5Y*

13.85%

10Y*

15.71%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

GLW vs. ADP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Corning Incorporated (GLW) and Automatic Data Processing, Inc. (ADP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for GLW, currently valued at 2.39, compared to the broader market-4.00-2.000.002.002.391.93
The chart of Sortino ratio for GLW, currently valued at 3.47, compared to the broader market-4.00-2.000.002.004.003.472.67
The chart of Omega ratio for GLW, currently valued at 1.46, compared to the broader market0.501.001.502.001.461.35
The chart of Calmar ratio for GLW, currently valued at 1.04, compared to the broader market0.002.004.006.001.042.29
The chart of Martin ratio for GLW, currently valued at 12.05, compared to the broader market-5.000.005.0010.0015.0020.0025.0012.0510.76
GLW
ADP

The current GLW Sharpe Ratio is 2.39, which is comparable to the ADP Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of GLW and ADP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.39
1.93
GLW
ADP

Dividends

GLW vs. ADP - Dividend Comparison

GLW's dividend yield for the trailing twelve months is around 2.37%, more than ADP's 1.95% yield.


TTM20232022202120202019201820172016201520142013
GLW
Corning Incorporated
2.37%3.68%3.38%2.58%2.44%2.75%2.38%1.94%2.22%2.63%1.74%2.19%
ADP
Automatic Data Processing, Inc.
1.95%2.21%1.83%1.55%2.08%1.92%2.14%2.00%2.10%2.36%2.10%2.21%

Drawdowns

GLW vs. ADP - Drawdown Comparison

The maximum GLW drawdown since its inception was -99.02%, which is greater than ADP's maximum drawdown of -59.50%. Use the drawdown chart below to compare losses from any high point for GLW and ADP. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-37.24%
-4.03%
GLW
ADP

Volatility

GLW vs. ADP - Volatility Comparison

Corning Incorporated (GLW) has a higher volatility of 5.55% compared to Automatic Data Processing, Inc. (ADP) at 4.96%. This indicates that GLW's price experiences larger fluctuations and is considered to be riskier than ADP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
5.55%
4.96%
GLW
ADP

Financials

GLW vs. ADP - Financials Comparison

This section allows you to compare key financial metrics between Corning Incorporated and Automatic Data Processing, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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