Celestica Stock Market Value
| CLS Stock | USD 91.58 5.17 5.98% |
| Symbol | Celestica |
Celestica Price To Book Ratio
Is Electronic Equipment, Instruments & Components space 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 Celestica. If investors know Celestica 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 Celestica 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 0.645 | Earnings Share 3.61 | Revenue Per Share | Quarterly Revenue Growth 0.189 | Return On Assets |
The market value of Celestica is measured differently than its book value, which is the value of Celestica that is recorded on the company's balance sheet. Investors also form their own opinion of Celestica's value that differs from its market value or its book value, called intrinsic value, which is Celestica'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 Celestica's market value can be influenced by many factors that don't directly affect Celestica'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 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.
Celestica 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Celestica's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Celestica.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Celestica on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Celestica or generate 0.0% return on investment in Celestica over 90 days. Celestica is related to or competes with Plexus Corp, Benchmark Electronics, Flex, Jabil Circuit, Sanmina, Methode Electronics, and OSI Systems. Celestica Inc. provides hardware platform and supply chain solutions in North America, Europe, and Asia More
Celestica Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Celestica's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Celestica upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.17 | |||
| Information Ratio | 0.0378 | |||
| Maximum Drawdown | 37.21 | |||
| Value At Risk | (7.29) | |||
| Potential Upside | 8.86 |
Celestica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Celestica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Celestica's standard deviation. In reality, there are many statistical measures that can use Celestica historical prices to predict the future Celestica's volatility.| Risk Adjusted Performance | 0.0219 | |||
| Jensen Alpha | 0.3208 | |||
| Total Risk Alpha | 1.09 | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | 0.0508 |
Celestica Backtested Returns
Celestica secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Celestica exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Celestica's Mean Deviation of 4.07, risk adjusted performance of 0.0219, and Downside Deviation of 7.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.66, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Celestica will likely underperform. At this point, Celestica has a negative expected return of -0.0272%. Please make sure to confirm Celestica's downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Celestica performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Celestica has modest reverse predictability. Overlapping area represents the amount of predictability between Celestica time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Celestica price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Celestica price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 283.47 |
Celestica lagged returns against current returns
Autocorrelation, which is Celestica stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Celestica's stock expected returns. We can calculate the autocorrelation of Celestica returns to help us make a trade decision. For example, suppose you find that Celestica has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Celestica regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Celestica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Celestica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Celestica stock over time.
Current vs Lagged Prices |
| Timeline |
Celestica Lagged Returns
When evaluating Celestica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Celestica stock have on its future price. Celestica autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Celestica autocorrelation shows the relationship between Celestica stock current value and its past values and can show if there is a momentum factor associated with investing in Celestica.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Celestica Stock Analysis
When running Celestica's price analysis, check to measure Celestica'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 Celestica is operating at the current time. Most of Celestica's value examination focuses on studying past and present price action to predict the probability of Celestica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celestica's price. Additionally, you may evaluate how the addition of Celestica to your portfolios can decrease your overall portfolio volatility.