Eastman Chemical Stock Alpha and Beta Analysis
| EMN Stock | USD 97.50 1.58 1.65% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eastman Chemical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eastman Chemical over a specified time horizon. Remember, high Eastman Chemical'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 Eastman Chemical's market risk premium analysis include:
Beta 1.2 | Alpha 0.16 | Risk 1.28 | Sharpe Ratio 0.22 | Expected Return 0.28 |
Eastman Chemical Quarterly Cash And Equivalents |
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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.
Eastman |
Eastman Chemical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eastman Chemical market risk premium is the additional return an investor will receive from holding Eastman Chemical 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 Eastman Chemical. 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 Eastman Chemical's performance over market.| α | 0.16 | β | 1.20 |
Eastman Chemical 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 Eastman Chemical's Buy-and-hold return. Our buy-and-hold chart shows how Eastman Chemical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eastman Chemical Market Price Analysis
Market price analysis indicators help investors to evaluate how Eastman Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastman Chemical shares will generate the highest return on investment. By understating and applying Eastman Chemical stock market price indicators, traders can identify Eastman Chemical position entry and exit signals to maximize returns.
Eastman Chemical Return and Market Media
The median price of Eastman Chemical for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 is 93.07 with a coefficient of variation of 7.26. The daily time series for the period is distributed with a sample standard deviation of 6.66, arithmetic mean of 91.73, and mean deviation of 5.96. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 4084 shares by Adrian Holt of Eastman Chemical at 83.84 subject to Rule 16b-3 | 02/23/2024 |
2 | Disposition of 4869 shares by Adrian Holt of Eastman Chemical subject to Rule 16b-3 | 03/08/2024 |
3 | Disposition of 1935 shares by Adrian Holt of Eastman Chemical at 61.51 subject to Rule 16b-3 | 03/18/2024 |
| Eastman Chemical dividend paid on 5th of April 2024 | 04/05/2024 |
4 | Global Decorative Films and Foils Market Outlook Forecast 2024 A 3.9 Billion Industry by 2029 with Emerging Demand in Automotive Industry Aftersales, Constructi... | 04/15/2024 |
5 | AeroPress, Inc. Expands Line of Iconic Coffee Makers with AeroPress Clear Colors Collection | 04/23/2024 |
6 | At Supreme Court, Trump lawyer backs away from absolute immunity argument | 04/25/2024 |
7 | Its Probably Less Likely That Eastman Chemical Companys CEO Will See A Huge Pay Rise This Year | 04/26/2024 |
8 | Jefferies upgrades Eastman Chemical stock, bullish on future earnings and margin growth | 04/29/2024 |
9 | Riassunto Eastman e Lubrizol collaborano per migliorare ladesione del sovrastampaggio TPE con materiali sostenibili | 04/30/2024 |
10 | Planning Is Everything - at Work and on the Ice | 05/01/2024 |
11 | Judge denies ex-Trump election lawyer John Eastmans request to reactivate law license while he fights disbarment | 05/02/2024 |
About Eastman Chemical 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 Eastman or other stocks. Alpha measures the amount that position in Eastman Chemical 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 (projected) | Dividend Yield | 0.023 | 0.0343 | 0.0353 | Price To Sales Ratio | 1.56 | 1.05 | 1.16 |
Eastman Chemical Upcoming Company Events
As portrayed in its financial statements, the presentation of Eastman Chemical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eastman Chemical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eastman Chemical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eastman Chemical. Please utilize our Beneish M Score to check the likelihood of Eastman Chemical's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Eastman Chemical
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Eastman Chemical Backtesting, Eastman Chemical Valuation, Eastman Chemical Correlation, Eastman Chemical Hype Analysis, Eastman Chemical Volatility, Eastman Chemical History and analyze Eastman Chemical Performance. To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Eastman Stock analysis
When running Eastman Chemical's price analysis, check to measure Eastman Chemical'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 Eastman Chemical is operating at the current time. Most of Eastman Chemical's value examination focuses on studying past and present price action to predict the probability of Eastman Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastman Chemical's price. Additionally, you may evaluate how the addition of Eastman Chemical to your portfolios can decrease your overall portfolio volatility.
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Eastman Chemical 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.