Eastern Co Stock Price Prediction

Intrinsic Valuation Low Real High 29.08 36.20 38.80 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eastern. Your research has to be compared to or analyzed against Eastern's peers to derive any actionable benefits. When done correctly, Eastern's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eastern.

Eastern After-Hype Price Prediction Density Analysis

Eastern Estimiated After-Hype Price Volatility

Eastern Stock Price Prediction Analysis

Expected Return	Period Volatility	Hype Elasticity	Related Elasticity	News Density	Related Density	Expected Hype
0.45	2.60	0.29	0.06	11 Events / Month	2 Events / Month	In about 11 days

Latest traded price	Expected after-news price	Potential return on next major news	Average after-hype volatility
32.31	32.60	0.90	406.25   Notes

Eastern Hype Timeline

On the 27th of April Eastern is traded for 32.31. The entity has historical hype elasticity of 0.29, and average elasticity to hype of competition of -0.06. Eastern is expected to increase in value after the next headline, with the price projected to jump to 32.6 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is projected to be 0.9%, whereas the daily expected return is currently at 0.45%. The volatility of related hype on Eastern is about 1962.26%, with the expected price after the next announcement by competition of 32.25. The company reported the last year's revenue of 273.45 M. Total Income to common stockholders was 8.59 M with profit before taxes, overhead, and interest of 58.62 M. Considering the 90-day investment horizon the next expected press release will be in about 11 days. Check out Eastern Basic Forecasting Models to cross-verify your projections.

Eastern Related Hype Analysis

Eastern Additional Predictive Modules

Most predictive techniques to examine Eastern price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eastern using various technical indicators. When you analyze Eastern charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The number of cover stories for Eastern depends on current market conditions and Eastern's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eastern is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eastern's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Eastern's future price predictability will typically decrease when Eastern's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Eastern Co often depends not only on the future outlook of the potential Eastern's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Eastern's indicators that are reflective of the short sentiment are summarized in the table below.

Check out Eastern Basic Forecasting Models to cross-verify your projections. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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.

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.

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.