Eastern Stock Forecast - Simple Regression
| EML Stock | USD 18.16 0.11 0.61% |
Eastern Stock outlook is based on your current time horizon. 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.
As of now, the relative strength index (RSI) of Eastern's share price is approaching 42 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Eastern, making its price go up or down. Momentum 42
Sell Extended
Oversold | Overbought |
Quarterly Earnings Growth (0) | Quarterly Revenue Growth (0.22) |
Using Eastern hype-based prediction, you can estimate the value of Eastern Co from the perspective of Eastern response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Eastern Co on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 31.60. Eastern after-hype prediction price | USD 18.12 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Eastern to cross-verify your projections. 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Simple Regression Price Forecast For the 28th of January
Given 90 days horizon, the Simple Regression forecasted value of Eastern Co on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.38, and the sum of the absolute errors of 31.60.Please note that although there have been many attempts to predict Eastern Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Eastern's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eastern Stock Forecast Pattern
| Backtest Eastern | Eastern Price Prediction | Buy or Sell Advice |
Eastern Forecasted Value
In the context of forecasting Eastern's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Eastern's downside and upside margins for the forecasting period are 15.92 and 20.67, respectively. We have considered Eastern's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Eastern stock data series using in forecasting. Note that when a statistical model is used to represent Eastern stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.1382 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.518 |
| MAPE | Mean absolute percentage error | 0.0265 |
| SAE | Sum of the absolute errors | 31.5992 |
Predictive Modules for Eastern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastern. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Eastern After-Hype Price Density Analysis
As far as predicting the price of Eastern at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eastern or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Eastern, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eastern Estimiated After-Hype Price Volatility
In the context of predicting Eastern's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eastern's historical news coverage. Eastern's after-hype downside and upside margins for the prediction period are 15.75 and 20.49, respectively. We have considered Eastern's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Eastern is not too volatile at this time. Analysis and calculation of next after-hype price of Eastern is based on 3 months time horizon.
Eastern Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Eastern is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastern backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eastern, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 2.37 | 0.04 | 0.00 | 16 Events / Month | 6 Events / Month | In about 16 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
18.16 | 18.12 | 0.22 |
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Eastern Hype Timeline
On the 27th of January Eastern is traded for 18.16. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.0. Eastern is expected to decline in value after the next headline, with the price expected to drop to 18.12. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.22%, whereas the daily expected return is currently at -0.22%. The volatility of related hype on Eastern is about 19750.0%, with the expected price after the next announcement by competition of 18.16. About 76.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.88. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastern last dividend was issued on the 13th of February 2026. The entity had 3:2 split on the 18th of October 2006. Considering the 90-day investment horizon the next expected press release will be in about 16 days. Check out Historical Fundamental Analysis of Eastern to cross-verify your projections.Eastern Related Hype Analysis
Having access to credible news sources related to Eastern's direct competition is more important than ever and may enhance your ability to predict Eastern's future price movements. Getting to know how Eastern's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eastern may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GIFI | Gulf Island Fabrication | (0.01) | 8 per month | 0.00 | 0.13 | 2.43 | (1.23) | 49.85 | |
| SRFM | Surf Air Mobility | (0.11) | 10 per month | 0.00 | (0.14) | 10.58 | (7.94) | 33.47 | |
| ESP | Espey Mfg Electronics | (0.82) | 7 per month | 1.62 | 0.23 | 4.38 | (2.73) | 10.00 | |
| MVST | Microvast Holdings | (0.08) | 8 per month | 0.00 | (0.23) | 6.02 | (8.87) | 18.37 | |
| SCAG | Scage Future American | (0.01) | 1 per month | 6.48 | 0.01 | 13.47 | (10.96) | 36.10 | |
| TAYD | Taylor Devices | 0.64 | 5 per month | 3.00 | 0.23 | 5.41 | (4.32) | 19.29 | |
| MATH | Metalpha Technology Holding | 0.16 | 6 per month | 0.00 | (0.10) | 7.94 | (6.21) | 20.85 | |
| OPXS | Optex Systems Holdings | 0.27 | 8 per month | 4.13 | (0.01) | 6.67 | (6.88) | 20.79 | |
| VOLT | Tema Electrification ETF | (0.01) | 6 per month | 1.33 | (0.02) | 1.74 | (2.15) | 5.37 | |
| IRS | IRSA Inversiones Y | 0.09 | 9 per month | 1.50 | 0.18 | 4.98 | (2.98) | 36.65 |
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 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 | 1.77 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.3 |
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.
Story Coverage note for Eastern
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.
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Eastern Short Properties
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.
| Common Stock Shares Outstanding | 6.2 M | |
| Cash And Short Term Investments | 16.1 M |
Check out Historical Fundamental Analysis of Eastern to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Industrial Machinery & Supplies & Components space 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 (0) | Dividend Share 0.44 | Earnings Share 1.22 | Revenue Per Share | Quarterly Revenue Growth (0.22) |
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.