Eastside Distilling Stock Price on February 16, 2021
EAST Stock | USD 1.05 0.03 2.78% |
Below is the normalized historical share price chart for Eastside Distilling extending back to April 16, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eastside Distilling stands at 1.05, as last reported on the 24th of April, with the highest price reaching 1.11 and the lowest price hitting 1.02 during the day.
If you're considering investing in Eastside Stock, it is important to understand the factors that can impact its price. Eastside Distilling appears to be dangerous, given 3 months investment horizon. Eastside Distilling secures Sharpe Ratio (or Efficiency) of 0.0321, which denotes the company had a 0.0321% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eastside Distilling, which you can use to evaluate the volatility of the firm. Please utilize Eastside Distilling's Coefficient Of Variation of 7689.14, downside deviation of 6.77, and Mean Deviation of 5.0 to check if our risk estimates are consistent with your expectations.
At this time, Eastside Distilling's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.1 M in 2024, whereas Common Stock is likely to drop 1,473 in 2024. . At this time, Eastside Distilling's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (0.80) in 2024. Eastside Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of January 2018 | 200 Day MA 1.547 | 50 Day MA 1.0658 | Beta 1.785 |
Eastside |
Sharpe Ratio = 0.0321
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Estimated Market Risk
7.01 actual daily | 62 62% of assets are less volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Eastside Distilling is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eastside Distilling by adding it to a well-diversified portfolio.
Price Book 1.86 | Enterprise Value Ebitda (2.97) | Price Sales 0.1511 | Shares Float 1.2 M | Wall Street Target Price 5 |
Eastside Distilling Valuation on February 16, 2021
It is possible to determine the worth of Eastside Distilling on a given historical date. On February 16, 2021 Eastside was worth 1.35 at the beginning of the trading date compared to the closed value of 25.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eastside Distilling stock. Still, in general, we apply an absolute valuation method to find Eastside Distilling's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eastside Distilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eastside Distilling's related companies.
Open | High | Low | Close | Volume | |
04/11/2022 | 1.35 | 25.40 | 25.40 | 25.40 | 16,289 |
1.29 | 24.20 | 24.20 | 24.20 | 12,556 |
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Eastside Distilling Trading Date Momentum on February 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Eastside Distilling Fundamentals Correlations and Trends
By evaluating Eastside Distilling's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eastside Distilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eastside financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eastside Distilling Stock history
Eastside Distilling investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eastside is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastside Distilling will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eastside Distilling stock prices may prove useful in developing a viable investing in Eastside Distilling
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.1 M | 1.1 M | |
Net Loss | -4.1 M | -4.3 M |
Eastside Distilling Stock Technical Analysis
Eastside Distilling 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.
Price Boundaries
Eastside Distilling Period Price Range
Low | April 11, 2022
| High |
1.35 | 25.40 |
Eastside Distilling April 24, 2024 Market Strength
Market strength 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 undertsting and applying Eastside Distilling stock market strength indicators, traders can identify Eastside Distilling entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 18.81 | |||
Day Median Price | 25.4 | |||
Day Typical Price | 25.4 | |||
Price Action Indicator | 12.02 | |||
Period Momentum Indicator | (24.35) |
Eastside Distilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eastside Distilling's price direction in advance. Along with the technical and fundamental analysis of Eastside Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastside to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0172 | |||
Jensen Alpha | 0.0424 | |||
Total Risk Alpha | (0.87) | |||
Sortino Ratio | (0.0007) | |||
Treynor Ratio | 0.1799 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastside Distilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Eastside Stock please use our How to Invest in Eastside Distilling guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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.
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Is Eastside Distilling's industry 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 Eastside Distilling. If investors know Eastside 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 Eastside Distilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Revenue Per Share 9.623 | Quarterly Revenue Growth (0.13) | Return On Assets (0.17) | Return On Equity (2.60) |
The market value of Eastside Distilling is measured differently than its book value, which is the value of Eastside that is recorded on the company's balance sheet. Investors also form their own opinion of Eastside Distilling's value that differs from its market value or its book value, called intrinsic value, which is Eastside Distilling'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 Eastside Distilling's market value can be influenced by many factors that don't directly affect Eastside Distilling'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 Eastside Distilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastside Distilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastside Distilling'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.