Eastern Co Stock Alpha and Beta Analysis
| EML Stock | USD 28.54 0.35 1.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eastern Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eastern over a specified time horizon. Remember, high Eastern's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Eastern's market risk premium analysis include:
Beta 0.72 | Alpha (0.12) | Risk 2.22 | Sharpe Ratio (0.02) | Expected Return (0.06) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Eastern |
Eastern Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eastern market risk premium is the additional return an investor will receive from holding Eastern long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eastern. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eastern's performance over market.| α | -0.12 | β | 0.72 |
Eastern expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eastern's Buy-and-hold return. Our buy-and-hold chart shows how Eastern performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eastern Market Price Analysis
Market price analysis 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 understating and applying Eastern stock market price indicators, traders can identify Eastern position entry and exit signals to maximize returns.
Eastern Return and Market Media
The median price of Eastern for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 31.02 with a coefficient of variation of 5.58. The daily time series for the period is distributed with a sample standard deviation of 1.71, arithmetic mean of 30.65, and mean deviation of 1.39. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 408 shares by Nicholas Vlahos of Eastern subject to Rule 16b-3 | 08/30/2024 |
| Eastern dividend paid on 13th of September 2024 | 09/13/2024 |
2 | Acquisition by Disanto Frederick D. of 647 shares of Eastern at 31.46 subject to Rule 16b-3 | 09/16/2024 |
3 | The Eastern Company Reports Third Quarter 2024 Results | 11/05/2024 |
4 | Easterns Q3 Earnings Surge 36 percent YY on Packaging Demand | 11/06/2024 |
5 | Acquisition by Disanto Frederick D. of 371 shares of Eastern at 26.96 subject to Rule 16b-3 | 11/13/2024 |
6 | Acquisition by Disanto Frederick D. of 800 shares of Eastern at 27.46 subject to Rule 16b-3 | 11/14/2024 |
7 | Eastern Co director Frederick DiSanto buys 32,410 in stock | 11/15/2024 |
8 | Acquisition by Disanto Frederick D. of 248 shares of Eastern at 27.41 subject to Rule 16b-3 | 11/18/2024 |
9 | Disposition of 500 shares by Henry Charles W of Eastern at 27.15 subject to Rule 16b-3 | 11/19/2024 |
10 | Frederick D. Disanto Buys 407 Shares of The Eastern Company Stock | 11/21/2024 |
11 | Shareholders in EML Payments are in the red if they invested five years ago | 11/22/2024 |
About Eastern Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Eastern or other stocks. Alpha measures the amount that position in Eastern has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0211 | 0.0228 | 0.0262 | 0.0304 | Price To Sales Ratio | 0.95 | 0.43 | 0.39 | 0.49 |
Eastern Upcoming Company Events
As portrayed in its financial statements, the presentation of Eastern's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastern's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eastern's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eastern. Please utilize our Beneish M Score to check the likelihood of Eastern's management manipulating its earnings.
| 12th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Eastern
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Align your risk with return expectations
Check out Eastern Backtesting, Eastern Valuation, Eastern Correlation, Eastern Hype Analysis, Eastern Volatility, Eastern History and analyze Eastern Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.