Eastern Co Stock Price on March 28, 2024
| EML Stock | USD 29.06 0.57 2.00% |
Below is the normalized historical share price chart for Eastern Co extending back to November 05, 1984. 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 Eastern stands at 29.06, as last reported on the 23rd of May, with the highest price reaching 29.40 and the lowest price hitting 28.28 during the day.
If you're considering investing in Eastern Stock, it is important to understand the factors that can impact its price. Eastern appears to be not too volatile, given 3 months investment horizon. Eastern secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Eastern Co, which you can use to evaluate the volatility of the firm. Please utilize Eastern's Mean Deviation of 2.14, coefficient of variation of 922.92, and Downside Deviation of 3.34 to check if our risk estimates are consistent with your expectations.
At this time, Eastern's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 264.6 M this year, although the value of Other Stockholder Equity is projected to rise to (22.1 M). . At this time, Eastern's Price Fair Value is quite stable compared to the past year. Eastern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 22.9422 | 50 Day MA 30.6354 | Beta 1.154 |
Eastern |
Sharpe Ratio = 0.102
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EML | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Eastern is performing at about 7% 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 Eastern by adding it to a well-diversified portfolio.
Price Book 1.508 | Enterprise Value Ebitda 11.4989 | Price Sales 0.7303 | Shares Float 4.6 M | Dividend Share 0.44 |
Eastern Main Headline on 28th of March 2024
Disposition of 408 shares by Nicholas Vlahos of Eastern subj... by Nicholas Vlahos
Filed transaction by Eastern Co Officer Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Eastern Valuation on March 28, 2024
It is possible to determine the worth of Eastern on a given historical date. On March 28, 2024 Eastern was worth 34.09 at the beginning of the trading date compared to the closed value of 33.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastern stock. Still, in general, we apply an absolute valuation method to find Eastern'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 Eastern where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastern's related companies.
| Open | High | Low | Close | Volume | |
| 33.55 | 35.78 | 31.30 | 34.07 | 30,538 | |
03/28/2024 | 34.09 | 34.10 | 32.92 | 33.96 | 12,703 |
| 34.10 | 34.25 | 31.60 | 32.80 | 32,919 |
| Backtest Eastern | | | Eastern History | | | Eastern Valuation | Previous | Next |
Eastern Trading Date Momentum on March 28, 2024
| On April 01 2024 Eastern Co was traded for 32.80 at the closing time. Highest Eastern's price during the trading hours was 34.25 and the lowest price during the day was 31.60 . The net volume was 32.9 K. The overall trading history on the 1st of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.42% . The overall trading delta to current price is 4.45% . |
Eastern Fundamentals Correlations and Trends
By evaluating Eastern'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 Eastern's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastern Stock history
Eastern 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 Eastern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastern 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 Eastern stock prices may prove useful in developing a viable investing in Eastern
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.3 M | 4.9 M | |
| Net Income Applicable To Common Shares | 14.1 M | 7.6 M |
Eastern Quarterly Net Working Capital |
|
Eastern Stock Technical Analysis
Eastern 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
Eastern Period Price Range
Low | March 28, 2024
| High |
34.09 | 33.96 |
Eastern May 23, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastern's price direction in advance. Along with the technical and fundamental analysis of Eastern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastern 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 | 0.0704 | |||
| Jensen Alpha | 0.2819 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0762 | |||
| Treynor Ratio | 0.5376 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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 1.61 | 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.