Celestica Stock Alpha and Beta Analysis
| CLS Stock | USD 85.60 3.56 3.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Celestica. It also helps investors analyze the systematic and unsystematic risks associated with investing in Celestica over a specified time horizon. Remember, high Celestica's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Celestica's market risk premium analysis include:
Beta 1.79 | Alpha 0.64 | Risk 3.78 | Sharpe Ratio 0.26 | Expected Return 0.97 |
Celestica Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Celestica |
Celestica Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Celestica market risk premium is the additional return an investor will receive from holding Celestica long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Celestica. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Celestica's performance over market.| α | 0.64 | β | 1.79 |
Celestica expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Celestica's Buy-and-hold return. Our buy-and-hold chart shows how Celestica performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Celestica Market Price Analysis
Market price analysis indicators help investors to evaluate how Celestica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Celestica shares will generate the highest return on investment. By understating and applying Celestica stock market price indicators, traders can identify Celestica position entry and exit signals to maximize returns.
Celestica Return and Market Media
The median price of Celestica for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 56.0 with a coefficient of variation of 23.78. The daily time series for the period is distributed with a sample standard deviation of 14.45, arithmetic mean of 60.74, and mean deviation of 12.34. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Can the Celestica Rally Continue Forever | 10/22/2024 |
2 | Celestica Inc. Position Lessened by Ausbil Investment Management Ltd | 10/24/2024 |
3 | Celestica Is Up 19.99 percent in One Week What You Should Know | 10/30/2024 |
4 | Barclays Initiates Coverage on Celestica | 11/06/2024 |
5 | Barclays Initiates Overweight Rating on Celestica Inc. , Citing Growth Potential in AI and Hyperscale Data Center Solutions | 11/07/2024 |
6 | Is Trending Stock Celestica, Inc. a Buy Now | 11/12/2024 |
7 | FMR LLC Adjusts Stake in Celestica Inc | 11/13/2024 |
8 | Top Stock Picks for Week of November 18, 2024 | 11/18/2024 |
9 | Royal Canadian Institute for Science marks 175th anniversary by honouring science advocates across Canada | 11/20/2024 |
10 | CLS Health Opens New Comprehensive Care Clinic in Sugar Creek | 11/21/2024 |
11 | UBS sees balanced outlook for Celestica stock amid AI growth and valuation concerns | 11/22/2024 |
About Celestica Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Celestica or other stocks. Alpha measures the amount that position in Celestica has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 81.64 | 70.16 | 82.33 | 42.87 | PTB Ratio | 0.96 | 0.83 | 1.99 | 1.67 |
Celestica Upcoming Company Events
As portrayed in its financial statements, the presentation of Celestica's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Celestica's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Celestica's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Celestica. Please utilize our Beneish M Score to check the likelihood of Celestica's management manipulating its earnings.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.