Eastman Kodak Co Stock Market Value
| KODK Stock | USD 4.61 0.05 1.10% |
| Symbol | Eastman |
Eastman Kodak Price To Book Ratio
Is Eastman Kodak'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 Eastman Kodak. If investors know Eastman 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 Eastman Kodak 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 (0.50) | Earnings Share 0.67 | Revenue Per Share 14.068 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0447 |
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak'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 Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak'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 Eastman Kodak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak'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.
Eastman Kodak 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eastman Kodak's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eastman Kodak.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Eastman Kodak on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Eastman Kodak Co or generate 0.0% return on investment in Eastman Kodak over 30 days. Eastman Kodak is related to or competes with LG Display, Sony Corp, Sonos, Vizio Holding, Singing Machine, Koss, and GoPro. Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packa... More
Eastman Kodak Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eastman Kodak's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eastman Kodak Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.0831 | |||
| Maximum Drawdown | 68.24 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 5.03 |
Eastman Kodak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastman Kodak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastman Kodak's standard deviation. In reality, there are many statistical measures that can use Eastman Kodak historical prices to predict the future Eastman Kodak's volatility.| Risk Adjusted Performance | 0.0663 | |||
| Jensen Alpha | 0.5038 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1475 | |||
| Treynor Ratio | 0.2403 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eastman Kodak's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eastman Kodak Backtested Returns
Eastman Kodak appears to be dangerous, given 3 months investment horizon. Eastman Kodak secures Sharpe Ratio (or Efficiency) of 0.0819, which denotes the company had a 0.0819% return per unit of risk over the last 3 months. By reviewing Eastman Kodak's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Eastman Kodak's Mean Deviation of 3.22, downside deviation of 4.12, and Coefficient Of Variation of 1081.29 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Eastman Kodak holds a performance score of 6. The firm shows a Beta (market volatility) of 2.77, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eastman Kodak will likely underperform. Please check Eastman Kodak's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Eastman Kodak's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Eastman Kodak Co has good reverse predictability. Overlapping area represents the amount of predictability between Eastman Kodak time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eastman Kodak price movement. The serial correlation of -0.54 indicates that about 54.0% of current Eastman Kodak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Eastman Kodak lagged returns against current returns
Autocorrelation, which is Eastman Kodak stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eastman Kodak's stock expected returns. We can calculate the autocorrelation of Eastman Kodak returns to help us make a trade decision. For example, suppose you find that Eastman Kodak has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Eastman Kodak regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eastman Kodak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastman Kodak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastman Kodak stock over time.
Current vs Lagged Prices |
| Timeline |
Eastman Kodak Lagged Returns
When evaluating Eastman Kodak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastman Kodak stock have on its future price. Eastman Kodak autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eastman Kodak autocorrelation shows the relationship between Eastman Kodak stock current value and its past values and can show if there is a momentum factor associated with investing in Eastman Kodak Co.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Eastman Kodak Correlation, Eastman Kodak Volatility and Eastman Kodak Alpha and Beta module to complement your research on Eastman Kodak. Note that the Eastman Kodak information on this page should be used as a complementary analysis to other Eastman Kodak'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Eastman Stock analysis
When running Eastman Kodak's price analysis, check to measure Eastman Kodak'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 Eastman Kodak is operating at the current time. Most of Eastman Kodak's value examination focuses on studying past and present price action to predict the probability of Eastman Kodak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Kodak's price. Additionally, you may evaluate how the addition of Eastman Kodak to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Eastman Kodak 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.