Celanese Stock Forecast - Daily Balance Of Power
| CE Stock | USD 153.21 2.22 1.43% |
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.
Check out Historical Fundamental Analysis of Celanese to cross-verify your projections. Celanese |
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.
Balance of Power indicator (or BOP) measures the strength of Celanese market sensitivity to bulls and bears. It estimates the ability of Celanese buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Celanese Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.42) | (0.17) |
| Check Celanese Volatility | Backtest Celanese | Trend Details |
Celanese Trading Date Momentum
| On April 23 2024 Celanese was traded for 155.34 at the closing time. The highest price during the trading period was 156.91 and the lowest recorded bid was listed for 153.79 . The volume for the day was 474.3 K. This history from April 23, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.71% . The overall trading delta to the current price is 0.78% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| 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 | 10805.9 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 153.23 | |||
| Day Typical Price | 153.22 | |||
| Price Action Indicator | (1.13) | |||
| Period Momentum Indicator | (2.22) | |||
| Relative Strength Index | 47.05 |
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 | 1.14 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Downside Variance | 2.54 | |||
| Semi Variance | 2.4 | |||
| Expected Short fall | (1.23) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Celanese is a strong investment it is important to analyze Celanese's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Celanese's future performance. For an informed investment choice regarding Celanese Stock, refer to the following important reports: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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
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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.
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.