Celestica Stock Forecast - Simple Regression

Celestica Additional Predictive Modules

Most predictive techniques to examine Celestica price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Celestica using various technical indicators. When you analyze Celestica charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Celestica price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Celestica Simple Regression Price Forecast For the 29th of January

Given 90 days horizon, the Simple Regression forecasted value of Celestica on the next trading day is expected to be 300.62 with a mean absolute deviation of 14.82, mean absolute percentage error of 340.48, and the sum of the absolute errors of 918.77.

Celestica Stock Forecast Pattern

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Celestica Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Celestica stock data series using in forecasting. Note that when a statistical model is used to represent Celestica stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Celestica historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

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 Low Estimated High 328.30 333.17 338.04 Details

Intrinsic Valuation Low Real High 266.00 270.87 366.49 Details

Bollinger Band Projection (param) Low Middle High 286.44 306.44 326.43 Details

Celestica After-Hype Price Density Analysis

Celestica Estimiated After-Hype Price Volatility

Celestica Stock Price Outlook Analysis

Notes

Celestica Hype Timeline

On the 28th of January Celestica is traded for 333.17. The entity has historical hype elasticity of -0.16, and average elasticity to hype of competition of 0.4. Celestica is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.09%. %. The volatility of related hype on Celestica is about 111.62%, with the expected price after the next announcement by competition of 333.57. About 74.0% of the company shares are held by institutions such as insurance companies. The company recorded earning per share (EPS) of 6.17. Celestica had not issued any dividends in recent years. The entity had 2:1 split on the 22nd of December 1999. Considering the 90-day investment horizon the next expected press release will be in about 20 days. Check out Historical Fundamental Analysis of Celestica to cross-verify your projections. For more information on how to buy Celestica Stock please use our How to Invest in Celestica guide.

Celestica Related Hype Analysis

Other Forecasting Options for Celestica

For every potential investor in Celestica, whether a beginner or expert, Celestica's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Celestica Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Celestica. Basic forecasting techniques help filter out the noise by identifying Celestica's price trends.

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