Celanese Stock Price on April 18, 2024
| CE Stock | USD 156.69 4.73 2.93% |
Below is the normalized historical share price chart for Celanese extending back to January 21, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Celanese stands at 156.69, as last reported on the 11th of May 2024, with the highest price reaching 161.50 and the lowest price hitting 156.64 during the day.
If you're considering investing in Celanese Stock, it is important to understand the factors that can impact its price. We consider Celanese very steady. Celanese secures Sharpe Ratio (or Efficiency) of 0.0496, which signifies that the company had a 0.0496% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Celanese, which you can use to evaluate the volatility of the firm. Please confirm Celanese's Mean Deviation of 1.17, risk adjusted performance of 0.0463, and Downside Deviation of 1.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.0789%.
At present, Celanese's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 27.9 B, whereas Treasury Stock is projected to grow to (4.7 B). . At present, Celanese's Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 13.13, whereas Price Earnings Ratio is forecasted to decline to 8.47. Celanese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of January 2005 | 200 Day MA 139.9298 | 50 Day MA 159.7804 | Beta 1.363 |
Celanese |
Sharpe Ratio = 0.0496
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| Cash | Small Risk | CE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Celanese is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Celanese by adding it to a well-diversified portfolio.
Price Book 2.455 | Enterprise Value Ebitda 11.242 | Price Sales 1.5913 | Shares Float 108.5 M | Dividend Share 2.8 |
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Celanese Valuation on April 18, 2024
It is possible to determine the worth of Celanese on a given historical date. On April 18, 2024 Celanese was worth 155.69 at the beginning of the trading date compared to the closed value of 153.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Celanese stock. Still, in general, we apply an absolute valuation method to find Celanese's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Celanese where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Celanese's related companies.
| Open | High | Low | Close | Volume | |
| 156.71 | 156.95 | 153.79 | 153.79 | 395,300 | |
04/18/2024 | 155.69 | 156.04 | 153.01 | 153.92 | 407,700 |
| 155.14 | 157.04 | 153.75 | 153.75 | 524,100 |
| Backtest Celanese | | | Celanese History | | | Celanese Valuation | Previous | Next |
Celanese Trading Date Momentum on April 18, 2024
| On April 19 2024 Celanese was traded for 153.75 at the closing time. The highest price during the trading period was 157.04 and the lowest recorded bid was listed for 153.75 . The volume for the day was 524.1 K. This history from April 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.11% . The overall trading delta to the current price is 0.99% . |
Celanese Fundamentals Correlations and Trends
By evaluating Celanese's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Celanese's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Celanese financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Celanese Stock history
Celanese investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Celanese is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Celanese will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Celanese stock prices may prove useful in developing a viable investing in Celanese
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 109.4 M | 145 M | |
| Net Income Applicable To Common Shares | 2.2 B | 2.3 B |
Celanese Quarterly Net Working Capital |
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Celanese Stock Technical Analysis
Celanese technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Celanese Period Price Range
Low | April 18, 2024
| High |
155.69 | 153.92 |
Celanese May 11, 2024 Market Strength
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 | 7916.76 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 154.52 | |||
| Day Typical Price | 154.32 | |||
| Price Action Indicator | (1.49) | |||
| Period Momentum Indicator | 2.77 |
Celanese Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Celanese's price direction in advance. Along with the technical and fundamental analysis of Celanese Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Celanese to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.011 | |||
| Treynor Ratio | 0.0542 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celanese. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Managers module to screen money managers from public funds and ETFs managed around the world.
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.
Quarterly Earnings Growth 0.321 | Dividend Share 2.8 | Earnings Share 18.24 | Revenue Per Share 98.17 | Quarterly Revenue Growth (0.09) |
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.