Celanese Stock Price on May 21, 2024

CE Stock  USD 56.78  0.42  0.73%   
If you're considering investing in Celanese Stock, it is important to understand the factors that can impact its price. As of today, the current price of Celanese stands at 56.78, as last reported on the 20th of March, with the highest price reaching 58.62 and the lowest price hitting 56.46 during the day. Celanese secures Sharpe Ratio (or Efficiency) of -0.0507, which signifies that the company had a -0.0507 % return per unit of risk over the last 3 months. Celanese exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Celanese's Mean Deviation of 2.37, risk adjusted performance of (0.04), and Standard Deviation of 4.07 to double-check the risk estimate we provide.
  
Celanese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0507

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Estimated Market Risk

 4.07
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Celanese 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 Celanese by adding Celanese to a well-diversified portfolio.

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Celanese Valuation on May 21, 2024

It is possible to determine the worth of Celanese on a given historical date. On May 21, 2024 Celanese was worth 154.47 at the beginning of the trading date compared to the closed value of 153.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Celanese stock. Still, in general, we apply an absolute valuation method to find Celanese'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 Celanese where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Celanese's related companies.
 Open High Low Close Volume
  155.56    155.99    153.81    154.80    663,300  
05/21/2024
  154.47    154.77    153.47    153.71    363,500  
  152.38    152.83    150.24    151.51    637,400  
Backtest Celanese  |  Celanese History  |  Celanese Valuation   PreviousNext  
Open Value
154.47
142.27
Downside
153.71
Closing Value
166.67
Upside

Celanese Trading Date Momentum on May 21, 2024

On May 22 2024 Celanese was traded for  151.51  at the closing time. The highest price during the trading period was 152.83  and the lowest recorded bid was listed for  150.24 . The volume for the day was 637.4 K. This history from May 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.43% . The overall trading delta to the current price is 2.69% .

Celanese Fundamentals Correlations and Trends

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

About Celanese Stock history

Celanese 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 Celanese is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Celanese 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 Celanese stock prices may prove useful in developing a viable investing in Celanese
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas. Celanese Corp operates under Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 8500 people.

Celanese Stock Technical Analysis

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

Celanese Period Price Range

Low
March 20, 2025
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High

 0.00 

     

 0.00 

Celanese cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Celanese March 20, 2025 Market Strength

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

Celanese Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Celanese's price direction in advance. Along with the technical and fundamental analysis of Celanese Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Celanese 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.

Complementary Tools for Celanese Stock analysis

When running Celanese's price analysis, check to measure Celanese'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 Celanese is operating at the current time. Most of Celanese's value examination focuses on studying past and present price action to predict the probability of Celanese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celanese's price. Additionally, you may evaluate how the addition of Celanese to your portfolios can decrease your overall portfolio volatility.
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