Celestica Stock Probability of Future Stock Price Finishing Over 125.82

CLS Stock  CAD 127.38  2.62  2.10%   
Celestica's future price is the expected price of Celestica instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Celestica performance during a given time horizon utilizing its historical volatility. Check out Celestica Backtesting, Celestica Valuation, Celestica Correlation, Celestica Hype Analysis, Celestica Volatility, Celestica History as well as Celestica Performance.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.
  
At this time, Celestica's Price Sales Ratio is very stable compared to the past year. Please specify Celestica's target price for which you would like Celestica odds to be computed.

Celestica Target Price Odds to finish over 125.82

The tendency of Celestica Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above C$ 125.82  in 90 days
 127.38 90 days 125.82 
about 9.89
Based on a normal probability distribution, the odds of Celestica to stay above C$ 125.82  in 90 days from now is about 9.89 (This Celestica probability density function shows the probability of Celestica Stock to fall within a particular range of prices over 90 days) . Probability of Celestica price to stay between C$ 125.82  and its current price of C$127.38 at the end of the 90-day period is about 1.08 .
Assuming the 90 days trading horizon Celestica has a beta of 0.26 suggesting as returns on the market go up, Celestica average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Celestica will be expected to be much smaller as well. Moreover Celestica has an alpha of 1.1858, implying that it can generate a 1.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Celestica Price Density   
       Price  

Predictive Modules for Celestica

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Celestica. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
125.28128.80132.32
Details
Intrinsic
Valuation
LowRealHigh
114.64134.00137.52
Details
Naive
Forecast
LowNextHigh
128.69132.21135.73
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.940.960.97
Details

Celestica Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Celestica is not an exception. The market had few large corrections towards the Celestica's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Celestica, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Celestica within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
1.19
β
Beta against Dow Jones0.26
σ
Overall volatility
24.11
Ir
Information ratio 0.32

Celestica Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Celestica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Celestica can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Celestica appears to be risky and price may revert if volatility continues
Celestica is unlikely to experience financial distress in the next 2 years
Over 80.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 15,087 Shares of Celestica Inc. - MarketBeat

Celestica Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Celestica Stock often depends not only on the future outlook of the current and potential Celestica's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Celestica's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding120.3 M
Cash And Short Term Investments372.6 M

Celestica Technical Analysis

Celestica's future price can be derived by breaking down and analyzing its technical indicators over time. Celestica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Celestica. In general, you should focus on analyzing Celestica Stock price patterns and their correlations with different microeconomic environments and drivers.

Celestica Predictive Forecast Models

Celestica's time-series forecasting models is one of many Celestica's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Celestica's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Celestica

Checking the ongoing alerts about Celestica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Celestica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Celestica appears to be risky and price may revert if volatility continues
Celestica is unlikely to experience financial distress in the next 2 years
Over 80.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 15,087 Shares of Celestica Inc. - MarketBeat
When determining whether Celestica is a strong investment it is important to analyze Celestica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celestica's future performance. For an informed investment choice regarding Celestica Stock, refer to the following important reports:
Check out Celestica Backtesting, Celestica Valuation, Celestica Correlation, Celestica Hype Analysis, Celestica Volatility, Celestica History as well as Celestica Performance.
To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Please note, there is a significant difference between Celestica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celestica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celestica'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.