Eastside Distilling Market Value
| EASTDelisted Stock | USD 0.89 0.01 1.11% |
| Symbol | Eastside |
Eastside Distilling 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eastside Distilling's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eastside Distilling.
| 02/11/2023 |
| 01/31/2025 |
If you would invest 0.00 in Eastside Distilling on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Eastside Distilling or generate 0.0% return on investment in Eastside Distilling over 720 days. Eastside Distilling is related to or competes with Andrew Peller, Splash Beverage, Fresh Grapes, MGP Ingredients, Pernod Ricard, Naked Wines, and Crimson Wine. Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholi... More
Eastside Distilling Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eastside Distilling's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eastside Distilling upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.65 | |||
| Information Ratio | 0.0915 | |||
| Maximum Drawdown | 37.77 | |||
| Value At Risk | (9.26) | |||
| Potential Upside | 14.29 |
Eastside Distilling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastside Distilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eastside Distilling's standard deviation. In reality, there are many statistical measures that can use Eastside Distilling historical prices to predict the future Eastside Distilling's volatility.| Risk Adjusted Performance | 0.0964 | |||
| Jensen Alpha | 0.8946 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1213 | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eastside Distilling's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eastside Distilling Backtested Returns
Eastside Distilling is out of control given 3 months investment horizon. Eastside Distilling secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Eastside Distilling Coefficient Of Variation of 953.8, downside deviation of 5.65, and Mean Deviation of 5.55 to evaluate company specific risk that cannot be diversified away. Eastside Distilling holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.33, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Eastside Distilling are expected to decrease by larger amounts. On the other hand, during market turmoil, Eastside Distilling is expected to outperform it. Use Eastside Distilling value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Eastside Distilling.
Auto-correlation | 0.73 |
Good predictability
Eastside Distilling has good predictability. Overlapping area represents the amount of predictability between Eastside Distilling time series from 11th of February 2023 to 6th of February 2024 and 6th of February 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eastside Distilling price movement. The serial correlation of 0.73 indicates that around 73.0% of current Eastside Distilling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Eastside Distilling lagged returns against current returns
Autocorrelation, which is Eastside Distilling stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eastside Distilling's stock expected returns. We can calculate the autocorrelation of Eastside Distilling returns to help us make a trade decision. For example, suppose you find that Eastside Distilling has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Eastside Distilling regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eastside Distilling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eastside Distilling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eastside Distilling stock over time.
Current vs Lagged Prices |
| Timeline |
Eastside Distilling Lagged Returns
When evaluating Eastside Distilling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eastside Distilling stock have on its future price. Eastside Distilling autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eastside Distilling autocorrelation shows the relationship between Eastside Distilling stock current value and its past values and can show if there is a momentum factor associated with investing in Eastside Distilling.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Eastside Distilling Correlation, Eastside Distilling Volatility and Eastside Distilling Alpha and Beta module to complement your research on Eastside Distilling. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Eastside Stock
If you are still planning to invest in Eastside Distilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eastside Distilling's history and understand the potential risks before investing.
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