Eastern Co Stock Price Prediction
| EML Stock | USD 28.54 0.35 1.24% |
Oversold Vs Overbought
30
Oversold | Overbought |
Quarterly Earnings Growth 1.545 | Quarterly Revenue Growth 0.15 |
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 fear of missing out, i.e., FOMO, can cause potential investors in Eastern to buy its stock at a price that has no basis in reality. In that case, they are not buying Eastern 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.
Eastern after-hype prediction price | USD 28.42 |
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.
Eastern |
Eastern After-Hype Price Prediction 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 26.21 and 30.63, 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 very steady at this time. Analysis and calculation of next after-hype price of Eastern is based on 3 months time horizon.
Eastern Stock Price Prediction 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 |
0.07 | 2.21 | 0.12 | 0.13 | 10 Events / Month | 2 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
28.54 | 28.42 | 0.42 |
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Eastern Hype Timeline
On the 24th of November Eastern is traded for 28.54. The entity has historical hype elasticity of -0.12, and average elasticity to hype of competition of 0.13. Eastern is expected to decline in value after the next headline, with the price expected to drop to 28.42. The average volatility of media hype impact on the company price is about 133.13%. The price depreciation on the next news is expected to be -0.42%, whereas the daily expected return is currently at -0.07%. The volatility of related hype on Eastern is about 114.81%, with the expected price after the next announcement by competition of 28.67. About 75.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.48. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastern last dividend was issued on the 15th of November 2024. 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 10 days. Check out Eastern Basic Forecasting Models 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 | |||
| TKR | Timken Company | (0.43) | 9 per month | 0.00 | (0.09) | 2.64 | (2.47) | 16.50 | |
| LECO | Lincoln Electric Holdings | 8.99 | 9 per month | 1.46 | 0.01 | 3.09 | (2.12) | 9.04 | |
| HLMN | Hillman Solutions Corp | (0.86) | 9 per month | 1.15 | 0.11 | 3.36 | (2.18) | 7.63 | |
| SKFRY | AB SKF | 0.00 | 0 per month | 2.05 | (0.04) | 2.72 | (3.28) | 11.40 |
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 |
About Eastern Predictive Indicators
The successful prediction of Eastern 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 Eastern Co, 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 Eastern based on analysis of Eastern hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eastern's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eastern's related companies. | 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 |
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 | 6.3 M | |
| Cash And Short Term Investments | 9.3 M |
Check out Eastern Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 1.545 | Dividend Share 0.44 | Earnings Share 2 | Revenue Per Share 45.732 | Quarterly Revenue Growth 0.15 |
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.