Celanese Gross Profit from 2010 to 2024
| CE Stock | USD 153.61 3.99 2.53% |
Gross Profit | First Reported 2003-12-31 | Previous Quarter 673 M | Current Value 613 M | Quarterly Volatility 150.8 M |
Check Celanese financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Celanese main balance sheet or income statement drivers, such as Depreciation And Amortization of 739.2 M, Interest Expense of 794.9 M or Selling General Administrative of 607.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0171 or PTB Ratio of 3.15. Celanese financial statements analysis is a perfect complement when working with Celanese Valuation or Volatility modules.
Celanese | Gross Profit |
Latest Celanese's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Celanese over the last few years. Gross profit is a required income statement account that reflects total revenue of Celanese minus its cost of goods sold. It is profit before Celanese operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Celanese's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Celanese's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.38 B | 10 Years Trend |
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Gross Profit |
| Timeline |
Celanese Gross Profit Regression Statistics
| Arithmetic Mean | 1,631,351,014 | |
| Geometric Mean | 1,538,475,497 | |
| Coefficient Of Variation | 33.40 | |
| Mean Deviation | 401,268,019 | |
| Median | 1,515,000,000 | |
| Standard Deviation | 544,793,658 | |
| Sample Variance | 296800.1T | |
| Range | 2.1B | |
| R-Value | 0.74 | |
| Mean Square Error | 143060.4T | |
| R-Squared | 0.55 | |
| Significance | 0 | |
| Slope | 90,542,345 | |
| Total Sum of Squares | 4155201.8T |
Celanese Gross Profit History
Other Fundumenentals of Celanese
Celanese Gross Profit component correlations
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About Celanese Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Celanese income statement, its balance sheet, and the statement of cash flows. Celanese investors use historical funamental indicators, such as Celanese's Gross Profit, to determine how well the company is positioned to perform in the future. Although Celanese investors may use each financial statement separately, they are all related. The changes in Celanese's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Celanese's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Celanese Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Celanese. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 2.4 B | 1.7 B | |
| Gross Profit Margin | 0.22 | 0.18 |
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
| 0.65 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
Moving against Celanese Stock
| 0.61 | X | United States Steel | PairCorr |
| 0.51 | HYMCL | Hycroft Mining Holding | PairCorr |
| 0.41 | HYMCW | Hycroft Mining Holding | 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 the analysis of Celanese Correlation against competitors. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 (0.09) | Dividend Share 2.8 | Earnings Share 18 | 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.