Celestica Story

The latest price spike of Celestica could raise concerns from retail investors as the firm it trading at a share price of 8.76 on 215,679 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in February. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.7. The current volatility is consistent with the ongoing market swings in December 2020 as well as with Celestica unsystematic, company-specific events.

Cost of Revenue Breakdown

Celestica Cost of Revenue yearly trend continues to be relatively stable with very little volatility. Cost of Revenue is likely to grow to about 5 B this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Celestica Cost of Revenue is relatively stable at the moment as compared to the past year. Celestica reported last year Cost of Revenue of 4.95 Billion

	2014	5.23 Billion
	2015	5.25 Billion
	2016	5.62 Billion
	2017	5.72 Billion
	2018	6.2 Billion
	2019	5.5 Billion
	2020	4.95 Billion
	2021	5.04 Billion

Celestica showing record of lower volatility

The kurtosis is down to 6.39 as of today. Celestica shows above-average downside volatility for the selected time horizon. We advise investors to inspect Celestica further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Celestica future alpha.

The Current Takeaway on Celestica Investment

While some companies under the electronic components industry are still a bit expensive, Celestica may offer a potential longer-term growth to retail investors. To conclude, as of the 26th of January 2021, we believe that Celestica is currently overvalued with below average probability of financial unrest in the next two years. Our primary 30 days 'Buy-vs-Sell' recommendation on the enterprise is Strong Sell.