Celanese Stock Forecast - Day Typical Price
| CE Stock | USD 154.49 0.44 0.28% |
Celanese Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Celanese stock prices and determine the direction of Celanese's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Celanese's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Celanese's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Celanese's systematic risk associated with finding meaningful patterns of Celanese fundamentals over time.
Check out Historical Fundamental Analysis of Celanese to cross-verify your projections. Celanese |
Open Interest Against 2024-04-19 Celanese Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Celanese's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Celanese's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Celanese stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Celanese's open interest, investors have to compare it to Celanese's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Celanese is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Celanese. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Celanese cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Celanese's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Celanese's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 154.82 | 155.11 |
| Check Celanese Volatility | Backtest Celanese | Information Ratio |
Celanese Trading Date Momentum
| On April 17 2024 Celanese was traded for 154.49 at the closing time. The highest price during the trading period was 156.95 and the lowest recorded bid was listed for 153.88 . The volume for the day was 395.3 K. This history from April 17, 2024 did not affect price variability. The overall trading delta to the current price is 1.44% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Celanese to competition |
Other Forecasting Options for Celanese
For every potential investor in Celanese, whether a beginner or expert, Celanese's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Celanese Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Celanese. Basic forecasting techniques help filter out the noise by identifying Celanese's price trends.Celanese Related Equities
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 Celanese stock to make a market-neutral strategy. Peer analysis of Celanese could also be used in its relative valuation, which is a method of valuing Celanese by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Celanese Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Celanese's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Celanese's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Celanese Market Strength Events
Market strength indicators help investors to evaluate how Celanese stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Celanese shares will generate the highest return on investment. By undertsting and applying Celanese stock market strength indicators, traders can identify Celanese entry and exit signals to maximize returns.
| Accumulation Distribution | 7732.17 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 155.42 | |||
| Day Typical Price | 155.11 | |||
| Price Action Indicator | (1.14) | |||
| Period Momentum Indicator | (0.44) | |||
| Relative Strength Index | 65.71 |
Celanese Risk Indicators
The analysis of Celanese's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Celanese's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting celanese stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.57 | |||
| Downside Variance | 2.99 | |||
| Semi Variance | 2.71 | |||
| Expected Short fall | (1.32) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Celanese Investors Sentiment
The influence of Celanese's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Celanese. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Celanese's public news can be used to forecast risks associated with an investment in Celanese. The trend in average sentiment can be used to explain how an investor holding Celanese can time the market purely based on public headlines and social activities around Celanese. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Celanese's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Celanese's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Celanese's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Celanese.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Celanese in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Celanese's short interest history, or implied volatility extrapolated from Celanese options trading.
Pair Trading with Celanese
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Celanese position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Celanese will appreciate offsetting losses from the drop in the long position's value.Moving together with Celanese Stock
| 0.71 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.63 | AG | First Majestic Silver Financial Report 2nd of May 2024 | PairCorr |
| 0.82 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
Moving against Celanese Stock
| 0.81 | X | United States Steel Earnings Call Next Week | PairCorr |
| 0.8 | HLP | Hongli Group Ordinary | PairCorr |
| 0.68 | SSRM | SSR Mining Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Celanese could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celanese when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Celanese - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Celanese to buy it.
The correlation of Celanese is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celanese moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celanese moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Celanese can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Celanese to cross-verify your projections. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.Note that the Celanese information on this page should be used as a complementary analysis to other Celanese's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Celanese Stock analysis
When running Celanese's price analysis, check to measure Celanese'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 Celanese is operating at the current time. Most of Celanese's value examination focuses on studying past and present price action to predict the probability of Celanese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celanese's price. Additionally, you may evaluate how the addition of Celanese to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |
Is Celanese's industry 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 (0.09) | Dividend Share 2.8 | Earnings Share 17.89 | Revenue Per Share 100.506 | Quarterly Revenue Growth 0.094 |
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.