Celestica Competitors
| CLS Stock | CAD 116.70 5.28 4.33% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Celestica competition on your existing holdings.
Celestica |
Celestica Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Celestica and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Celestica and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Celestica does not affect the price movement of the other competitor.
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Risk-Adjusted Indicators
There is a big difference between Celestica Stock performing well and Celestica Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Celestica's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DSG | 1.09 | 0.19 | 0.12 | 0.36 | 1.13 | 2.47 | 8.09 | |||
| CAE | 1.31 | 0.43 | 0.20 | 1.34 | 1.26 | 2.81 | 13.75 | |||
| GIB-A | 0.77 | 0.07 | (0.02) | 0.43 | 1.16 | 1.45 | 6.43 | |||
| CCA | 0.84 | 0.06 | (0.06) | (0.44) | 0.99 | 1.64 | 4.32 | |||
| CFP | 1.70 | 0.25 | 0.08 | (8.73) | 1.44 | 4.48 | 10.80 |
Cross Equities Net Income Analysis
Compare Celestica and related stocks such as Descartes Systems, CAE Inc, and CGI Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DSG | (11.7 M) | 12 M | 16 M | 9.6 M | 15.1 M | 20.6 M | 23.8 M | 26.9 M | 31.3 M | 37 M | 52.1 M | 86.3 M | 102.2 M | 115.9 M | 121.7 M |
| CAE | (395 M) | 180.3 M | 139.4 M | 190 M | 201.8 M | 229.7 M | 251.5 M | 347 M | 330 M | 311.4 M | (47.2 M) | 141.7 M | 222.7 M | (304 M) | (288.8 M) |
| GIB-A | 400 K | 131.5 M | 455.8 M | 859.4 M | 977.6 M | 1.1 B | 1 B | 1.1 B | 1.3 B | 1.1 B | 1.4 B | 1.5 B | 1.6 B | 1.7 B | 1.8 B |
| CCA | 17.9 M | 225 M | 185.1 M | 209.4 M | 257.8 M | (189.6 M) | 299.2 M | 347.1 M | 415.4 M | 375.2 M | 401.5 M | 423.3 M | 392.3 M | 335.5 M | 352.3 M |
| CFP | 41.3 M | (56.6 M) | 32.1 M | 228.6 M | 175.2 M | 24.7 M | 150.9 M | 345.4 M | 354.9 M | (269.7 M) | 544.4 M | 1.3 B | 787.3 M | (326.1 M) | (309.8 M) |
Celestica and related stocks such as Descartes Systems, CAE Inc, and CGI Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Celestica financial statement analysis. It represents the amount of money remaining after all of Celestica operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Celestica Competitive Analysis
The better you understand Celestica competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Celestica's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Celestica's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Celestica Competition Performance Charts
Five steps to successful analysis of Celestica Competition
Celestica's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Celestica in relation to its competition. Celestica's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Celestica in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Celestica's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Celestica, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Celestica position
In addition to having Celestica in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Celestica Correlation with its peers. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.