Eastern Stock Forecast - Daily Balance Of Power
| EML Stock | USD 28.24 0.07 0.25% |
Eastern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eastern stock prices and determine the direction of Eastern Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eastern's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Eastern's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Eastern's systematic risk associated with finding meaningful patterns of Eastern fundamentals over time.
Check out Historical Fundamental Analysis of Eastern to cross-verify your projections. Eastern |
Most investors in Eastern 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 Eastern's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eastern's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Eastern Co market sensitivity to bulls and bears. It estimates the ability of Eastern buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eastern Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.07) | (0.07) |
| Check Eastern Volatility | Backtest Eastern | Information Ratio |
Eastern Trading Date Momentum
| On May 28 2024 Eastern Co was traded for 28.24 at the closing time. Highest Eastern's price during the trading hours was 28.76 and the lowest price during the day was 27.77 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of May did not affect price variability. The overall trading delta to current price is 0.25% . |
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 Eastern to competition |
Other Forecasting Options for Eastern
For every potential investor in Eastern, whether a beginner or expert, Eastern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eastern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eastern. Basic forecasting techniques help filter out the noise by identifying Eastern's price trends.Eastern 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 Eastern stock to make a market-neutral strategy. Peer analysis of Eastern could also be used in its relative valuation, which is a method of valuing Eastern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eastern 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 Eastern'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 Eastern's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Market Strength Events
Market strength indicators help investors to evaluate how Eastern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern shares will generate the highest return on investment. By undertsting and applying Eastern stock market strength indicators, traders can identify Eastern Co entry and exit signals to maximize returns.
Eastern Risk Indicators
The analysis of Eastern'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 Eastern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastern 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 | 2.18 | |||
| Semi Deviation | 3.06 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.55 | |||
| Downside Variance | 10.65 | |||
| Semi Variance | 9.38 | |||
| Expected Short fall | (2.31) |
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.
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Check out Historical Fundamental Analysis of Eastern to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Eastern Stock analysis
When running Eastern's price analysis, check to measure Eastern'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 Eastern is operating at the current time. Most of Eastern's value examination focuses on studying past and present price action to predict the probability of Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern's price. Additionally, you may evaluate how the addition of Eastern to your portfolios can decrease your overall portfolio volatility.
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Is Eastern'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 Eastern. If investors know Eastern 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 Eastern 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 2.177 | Dividend Share 0.44 | Earnings Share 1.58 | Revenue Per Share 43.157 | Quarterly Revenue Growth (0.06) |
The market value of Eastern is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern's value that differs from its market value or its book value, called intrinsic value, which is Eastern'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 Eastern's market value can be influenced by many factors that don't directly affect Eastern'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 Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern'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.