Celestica Inc Shares Gap Down to 49.35 on Oct 1 - GuruFocus.com
| CLS Stock | CAD 118.87 2.17 1.86% |
About 55% of Celestica's investors are presently thinking to get in. The analysis of overall sentiment of trading Celestica stock suggests that some investors are interested 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 |
Celestica Inc Shares Gap Down to 49.35 on Oct 1 GuruFocus.com
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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 Earning
Price To Earning Comparative Analysis
Celestica is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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
| CFP | Canfor | 1.53 | ||||
| DSG | Descartes Systems | 1.01 | ||||
| CCA | Cogeco Communications | 0.13 | ||||
| GIB-A | CGI | 0.18 | ||||
| CAE | CAE | 0.34 |
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.