Stocks Flashing Renewed Technical Strength Celestica - Investors Business Daily
| CLS Stock | CAD 116.70 5.28 4.33% |
About 62% of Celestica's investor base is looking to short. The analysis of overall sentiment of trading Celestica stock suggests that many investors are alarmed at this time. Celestica's investing sentiment overview a quick insight into current market opportunities from investing in Celestica. Many technical investors use Celestica stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Celestica |
Stocks Flashing Renewed Technical Strength Celestica Investors Business Daily
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Celestica Fundamental Analysis
We analyze Celestica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Celestica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Celestica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Celestica is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Celestica Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Celestica stock to make a market-neutral strategy. Peer analysis of Celestica could also be used in its relative valuation, which is a method of valuing Celestica by comparing valuation metrics with similar companies.
Peers
Celestica Related Equities
| CAE | CAE | 0.80 | ||||
| GIB-A | CGI | 0.35 | ||||
| CCA | Cogeco Communications | 0.13 | ||||
| DSG | Descartes Systems | 0.99 | ||||
| CFP | Canfor | 2.16 |
Check out Celestica Hype Analysis, Celestica Correlation and Celestica Performance. To learn how to invest in Celestica Stock, please use our How to Invest in Celestica guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.