Eastman Chemical Stock Price Patterns
| EMN Stock | USD 75.90 4.42 6.18% |
Momentum 51
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.67) | EPS Estimate Next Quarter 1.2751 | EPS Estimate Current Year 5.8127 | EPS Estimate Next Year 6.831 | Wall Street Target Price 75.8125 |
Using Eastman Chemical hype-based prediction, you can estimate the value of Eastman Chemical from the perspective of Eastman Chemical response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Eastman Chemical using Eastman Chemical's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Eastman using crowd psychology based on the activity and movement of Eastman Chemical's stock price.
Eastman Chemical Short Interest
An investor who is long Eastman Chemical may also wish to track short interest. As short interest increases, investors should be becoming more worried about Eastman Chemical and may potentially protect profits, hedge Eastman Chemical with its derivative instruments, or be ready for some potential downside.
200 Day MA 69.266 | Short Percent 0.0425 | Short Ratio 2.88 | Shares Short Prior Month 5.1 M | 50 Day MA 64.4838 |
Eastman Chemical Hype to Price Pattern
Investor biases related to Eastman Chemical's public news can be used to forecast risks associated with an investment in Eastman. The trend in average sentiment can be used to explain how an investor holding Eastman can time the market purely based on public headlines and social activities around Eastman Chemical. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Eastman Chemical's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Eastman Chemical.
Eastman Chemical Implied Volatility | 0.59 |
Eastman Chemical's implied volatility exposes the market's sentiment of Eastman Chemical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eastman Chemical's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eastman Chemical stock will not fluctuate a lot when Eastman Chemical's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Eastman Chemical to buy its stock at a price that has no basis in reality. In that case, they are not buying Eastman because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Eastman Chemical after-hype prediction price | USD 71.59 |
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.
Prediction based on Rule 16 of the current Eastman contract
Based on the Rule 16, the options market is currently suggesting that Eastman Chemical will have an average daily up or down price movement of about 0.0369% per day over the life of the 2026-03-20 option contract. With Eastman Chemical trading at USD 75.9, that is roughly USD 0.028 . If you think that the market is fully incorporating Eastman Chemical's daily price movement you should consider acquiring Eastman Chemical options at the current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Eastman Chemical Basic Forecasting Models to cross-verify your projections. Eastman Chemical After-Hype Price Density Analysis
As far as predicting the price of Eastman Chemical 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 Eastman Chemical 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 Eastman Chemical, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eastman Chemical Estimiated After-Hype Price Volatility
In the context of predicting Eastman Chemical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eastman Chemical's historical news coverage. Eastman Chemical's after-hype downside and upside margins for the prediction period are 69.49 and 73.69, respectively. We have considered Eastman Chemical'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Eastman Chemical is very steady at this time. Analysis and calculation of next after-hype price of Eastman Chemical is based on 3 months time horizon.
Eastman Chemical Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Eastman Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastman Chemical 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 Eastman Chemical, 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 |
0.40 | 2.23 | 0.15 | 0.16 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
75.90 | 71.59 | 0.15 |
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Eastman Chemical Hype Timeline
On the 3rd of February Eastman Chemical is traded for 75.90. The entity has historical hype elasticity of 0.15, and average elasticity to hype of competition of -0.16. Eastman is expected to increase in value after the next headline, with the price projected to jump to 71.59 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.15%, whereas the daily expected return is currently at 0.4%. The volatility of related hype on Eastman Chemical is about 549.26%, with the expected price after the next announcement by competition of 75.74. The company reported the last year's revenue of 8.75 B. Total Income to common stockholders was 474 M with profit before taxes, overhead, and interest of 1.85 B. Considering the 90-day investment horizon the next expected press release will be in about 10 days. Check out Eastman Chemical Basic Forecasting Models to cross-verify your projections.Eastman Chemical Related Hype Analysis
Having access to credible news sources related to Eastman Chemical's direct competition is more important than ever and may enhance your ability to predict Eastman Chemical's future price movements. Getting to know how Eastman Chemical'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 Eastman Chemical may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ESI | Element Solutions | (0.12) | 8 per month | 1.73 | 0.05 | 3.96 | (3.60) | 10.60 | |
| AXTA | Axalta Coating Systems | 0.35 | 9 per month | 1.20 | 0.09 | 2.69 | (2.53) | 7.97 | |
| NEU | NewMarket | (2.32) | 10 per month | 0.00 | (0.11) | 2.25 | (2.77) | 11.14 | |
| IAG | IAMGold | (0.80) | 8 per month | 3.31 | 0.18 | 5.49 | (5.22) | 28.42 | |
| EXP | Eagle Materials | (1.25) | 7 per month | 0.00 | (0.08) | 3.89 | (3.07) | 10.51 | |
| TX | Ternium SA ADR | 0.84 | 10 per month | 1.50 | 0.11 | 2.72 | (2.99) | 7.28 | |
| GGB | Gerdau SA ADR | 0.01 | 5 per month | 1.73 | 0.16 | 3.56 | (2.95) | 11.29 | |
| SSL | Sasol | (0.14) | 10 per month | 3.30 | 0.05 | 5.23 | (4.81) | 18.92 | |
| BCPC | Balchem | (1.28) | 7 per month | 0.83 | 0.08 | 3.26 | (1.53) | 7.13 | |
| CBT | Cabot | 0.65 | 11 per month | 1.91 | 0.01 | 3.72 | (2.71) | 8.68 |
Eastman Chemical Additional Predictive Modules
Most predictive techniques to examine Eastman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eastman using various technical indicators. When you analyze Eastman 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 |
About Eastman Chemical Predictive Indicators
The successful prediction of Eastman Chemical stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Eastman Chemical, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Eastman Chemical based on analysis of Eastman Chemical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eastman Chemical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eastman Chemical's related companies. | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0353 | 0.0356 | 0.052 | Price To Sales Ratio | 1.16 | 1.14 | 0.84 |
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
| 0.87 | TRNR | Interactive Strength | PairCorr |
| 0.86 | APVO | Aptevo Therapeutics | PairCorr |
| 0.85 | GCMGW | GCM Grosvenor | PairCorr |
| 0.73 | ADVWW | Advantage Solutions | PairCorr |
| 0.7 | ENSV | Enservco | PairCorr |
| 0.68 | MAPSW | WM Technology | 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 Eastman Chemical Basic Forecasting Models to cross-verify your projections. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 (0.67) | 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.