Eastside Distilling Stock Alpha and Beta Analysis
| EAST Stock | USD 0.56 0.01 1.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eastside Distilling. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eastside Distilling over a specified time horizon. Remember, high Eastside Distilling'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 Eastside Distilling's market risk premium analysis include:
Beta (1.38) | Alpha 0.24 | Risk 13.5 | Sharpe Ratio (0.01) | Expected Return (0.09) |
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.
Eastside |
Eastside Distilling Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eastside Distilling market risk premium is the additional return an investor will receive from holding Eastside Distilling 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 Eastside Distilling. 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 Eastside Distilling's performance over market.| α | 0.24 | β | -1.38 |
Eastside Distilling 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 Eastside Distilling's Buy-and-hold return. Our buy-and-hold chart shows how Eastside Distilling performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eastside Distilling Market Price Analysis
Market price analysis indicators help investors to evaluate how Eastside Distilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastside Distilling shares will generate the highest return on investment. By understating and applying Eastside Distilling stock market price indicators, traders can identify Eastside Distilling position entry and exit signals to maximize returns.
Eastside Distilling Return and Market Media
The median price of Eastside Distilling for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 0.58 with a coefficient of variation of 30.41. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 0.64, and mean deviation of 0.13. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Discretionary transaction by Bigger Michael of 65458 shares of Eastside Distilling at 3.05 subject to Rule 16b-3 | 09/04/2024 |
2 | Eastside Distilling Announces Closing of 0.4 Million Registered Direct Offering, Priced at a Premium to Market Under Nasdaq Rules | 09/06/2024 |
3 | Insider Trading | 10/07/2024 |
4 | Bullish Sentiment Across The Cannabis Space - Check Full Movers For October 8, 2024 | 10/08/2024 |
5 | Eastside Distilling, Inc. Announces Closing of its Merger with AI Powered Beeline Financial Holdings, Inc. | 10/10/2024 |
6 | Eastside distilling sees insider sell shares worth over 2.2 million | 10/11/2024 |
7 | Banyan Utility Welcomes Spencer Steward as New VP of National Sales East | 10/17/2024 |
8 | Investors Still Arent Entirely Convinced By Eastside Distilling, Inc.s Revenues Despite 27 percent Price Jump | 10/23/2024 |
9 | MGP Tops Q3 Earnings Estimates | 10/31/2024 |
10 | Eastside Distilling, Inc. Provides Update on its Merger with Beeline Financial Holdings, Inc. | 11/06/2024 |
11 | Eastside Distilling Q3 Spirits Segment Turns Profitable as Margins Expand to 26 percent EAST Stock News - StockTitan | 11/14/2024 |
12 | Eastside Distilling, Inc. announced that it has received 1.615 million in funding - Marketscreener.com | 11/20/2024 |
About Eastside Distilling 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 Eastside or other stocks. Alpha measures the amount that position in Eastside Distilling 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 7.5 | 6.62 | 4.55 | 2.34 | Days Of Inventory On Hand | 250.54 | 141.7 | 124.22 | 118.01 |
Eastside Distilling Upcoming Company Events
As portrayed in its financial statements, the presentation of Eastside Distilling's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastside Distilling's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eastside Distilling's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eastside Distilling. Please utilize our Beneish M Score to check the likelihood of Eastside Distilling's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Eastside Stock Analysis
When running Eastside Distilling's price analysis, check to measure Eastside Distilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eastside Distilling is operating at the current time. Most of Eastside Distilling's value examination focuses on studying past and present price action to predict the probability of Eastside Distilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastside Distilling's price. Additionally, you may evaluate how the addition of Eastside Distilling to your portfolios can decrease your overall portfolio volatility.