Eastside Enterprise Value Multiple from 2010 to 2024
| EAST Stock | USD 1.00 0.03 3.09% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter (3.89) | Current Value (4.08) | Quarterly Volatility 43.50523228 |
Check Eastside Distilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastside Distilling's main balance sheet or income statement drivers, such as Interest Expense of 687 K, Selling General Administrative of 4.9 M or Total Revenue of 6.8 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 4.0E-4 or PTB Ratio of 1.73. Eastside financial statements analysis is a perfect complement when working with Eastside Distilling Valuation or Volatility modules.
Eastside | Enterprise Value Multiple |
Latest Eastside Distilling's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Eastside Distilling over the last few years. It is Eastside Distilling's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastside Distilling's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Eastside Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | (22.88) | |
| Geometric Mean | 6.21 | |
| Coefficient Of Variation | (190.13) | |
| Mean Deviation | 29.32 | |
| Median | (3.89) | |
| Standard Deviation | 43.51 | |
| Sample Variance | 1,893 | |
| Range | 129 | |
| R-Value | 0.66 | |
| Mean Square Error | 1,157 | |
| R-Squared | 0.43 | |
| Significance | 0.01 | |
| Slope | 6.39 | |
| Total Sum of Squares | 26,498 |
Eastside Enterprise Value Multiple History
About Eastside Distilling Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Eastside Distilling income statement, its balance sheet, and the statement of cash flows. Eastside Distilling investors use historical funamental indicators, such as Eastside Distilling's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Eastside Distilling investors may use each financial statement separately, they are all related. The changes in Eastside Distilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eastside Distilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eastside Distilling Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eastside Distilling. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | (3.89) | (4.08) |
Pair Trading with Eastside Distilling
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 Eastside Distilling 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 Eastside Distilling will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eastside Distilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastside Distilling 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 Eastside Distilling - 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 Eastside Distilling to buy it.
The correlation of Eastside Distilling 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 Eastside Distilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastside Distilling 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 Eastside Distilling 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.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.