Celanese Stock Odds of Future Stock Price Finishing Under 144.33
| CE Stock | USD 69.15 0.75 1.10% |
Celanese |
Celanese Target Price Odds to finish below 144.33
The tendency of Celanese Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 144.33 after 90 days |
| 69.15 | 90 days | 144.33 | about 92.82 |
Based on a normal probability distribution, the odds of Celanese to stay under $ 144.33 after 90 days from now is about 92.82 (This Celanese probability density function shows the probability of Celanese Stock to fall within a particular range of prices over 90 days) . Probability of Celanese price to stay between its current price of $ 69.15 and $ 144.33 at the end of the 90-day period is about 78.65 .
Allowing for the 90-day total investment horizon Celanese has a beta of 0.055 suggesting as returns on the market go up, Celanese average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Celanese will be expected to be much smaller as well. Additionally Celanese has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Celanese Price Density |
| Price |
Predictive Modules for Celanese
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Celanese. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Celanese's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Celanese Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Celanese is not an exception. The market had few large corrections towards the Celanese's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Celanese, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Celanese within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.86 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 29.64 | |
Ir | Information ratio | -0.23 |
Celanese Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Celanese for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Celanese can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Celanese generated a negative expected return over the last 90 days | |
| Celanese has high historical volatility and very poor performance | |
| Celanese has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 13th of November 2024 Celanese paid $ 0.7 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Celanese Corporations Shares Lagging The Market But So Is The Business |
Celanese Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Celanese Stock often depends not only on the future outlook of the current and potential Celanese's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Celanese's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.4 M | |
| Cash And Short Term Investments | 1.8 B |
Celanese Technical Analysis
Celanese's future price can be derived by breaking down and analyzing its technical indicators over time. Celanese Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Celanese. In general, you should focus on analyzing Celanese Stock price patterns and their correlations with different microeconomic environments and drivers.
Celanese Predictive Forecast Models
Celanese's time-series forecasting models is one of many Celanese's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Celanese's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Celanese
Checking the ongoing alerts about Celanese for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Celanese help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Celanese generated a negative expected return over the last 90 days | |
| Celanese has high historical volatility and very poor performance | |
| Celanese has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 13th of November 2024 Celanese paid $ 0.7 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Celanese Corporations Shares Lagging The Market But So Is The Business |
Check out Celanese Backtesting, Celanese Valuation, Celanese Correlation, Celanese Hype Analysis, Celanese Volatility, Celanese History as well as Celanese Performance. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 2.8 | Earnings Share 10.04 | Revenue Per Share 95.989 | Quarterly Revenue Growth (0.03) |
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.