Eastman Operating Cycle from 2010 to 2026
| EMN Stock | USD 79.11 0.97 1.21% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 135.3542375 | Current Value 86.71 | Quarterly Volatility 17.86155144 |
Check Eastman Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastman Chemical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 454.3 M, Interest Expense of 131.7 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0546 or PTB Ratio of 1.17. Eastman financial statements analysis is a perfect complement when working with Eastman Chemical Valuation or Volatility modules.
Eastman | Operating Cycle | Build AI portfolio with Eastman Stock |
Evaluating Eastman Chemical's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Eastman Chemical's fundamental strength.
Latest Eastman Chemical's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Eastman Chemical over the last few years. It is Eastman Chemical's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastman Chemical's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Eastman Operating Cycle Regression Statistics
| Arithmetic Mean | 122.34 | |
| Geometric Mean | 120.99 | |
| Coefficient Of Variation | 14.60 | |
| Mean Deviation | 13.43 | |
| Median | 125.78 | |
| Standard Deviation | 17.86 | |
| Sample Variance | 319.04 | |
| Range | 61.2011 | |
| R-Value | 0.41 | |
| Mean Square Error | 282.12 | |
| R-Squared | 0.17 | |
| Significance | 0.1 | |
| Slope | 1.46 | |
| Total Sum of Squares | 5,105 |
Eastman Operating Cycle History
About Eastman Chemical Financial Statements
Eastman Chemical investors utilize fundamental indicators, such as Operating Cycle, to predict how Eastman Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 135.35 | 86.71 |
Pair Trading with Eastman Chemical
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 Eastman Chemical 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 Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.Moving together with Eastman Stock
Moving against Eastman Stock
| 0.85 | ADVWW | Advantage Solutions | PairCorr |
| 0.81 | GCMGW | GCM Grosvenor | PairCorr |
| 0.75 | MAPSW | WM Technology | PairCorr |
| 0.56 | PCTTW | PureCycle Technologies | PairCorr |
| 0.43 | ALMET | Methanor | PairCorr |
The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical 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 Eastman Chemical - 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 Eastman Chemical to buy it.
The correlation of Eastman Chemical 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 Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical 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 Eastman Chemical 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 Eastman Chemical Correlation against competitors. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Diversified Chemicals sector continue expanding? Could Eastman diversify its offerings? Factors like these will boost the valuation of Eastman Chemical. Projected growth potential of Eastman fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Eastman Chemical data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.68) | Dividend Share 3.33 | Earnings Share 4.1 | Revenue Per Share | Quarterly Revenue Growth (0.12) |
Eastman Chemical's market price often diverges from its book value, the accounting figure shown on Eastman's balance sheet. Smart investors calculate Eastman Chemical's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Eastman Chemical's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Eastman Chemical's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eastman Chemical should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Eastman Chemical'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.