Eastern Michigan Financial Stock Today
| EFIN Stock | USD 28.75 1.28 4.26% |
Performance9 of 100
| Odds Of DistressLess than 10
|
Eastern Michigan is selling at 28.75 as of the 23rd of April 2024; that is -4.26 percent decrease since the beginning of the trading day. The stock's open price was 30.03. Eastern Michigan has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Eastern Michigan Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Eastern Michigan Financial Corporation operates as the bank holding company for Eastern Michigan Bank that provides retail and commercial banking services in Michigan. The company was founded in 1895 and is headquartered in Croswell, Michigan. Eastern Michigan operates under BanksRegional classification in the United States and is traded on OTC Exchange.. The company has 1.26 M outstanding shares. More on Eastern Michigan Financial
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Moving against Eastern Pink Sheet
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Follow Valuation Odds of Bankruptcy
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Eastern Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastern Michigan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastern Michigan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Banks—Regional, Financial Services (View all Sectors) |
Eastern Michigan Financial [EFIN] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastern Michigan's market, we take the total number of its shares issued and multiply it by Eastern Michigan's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eastern Michigan Fin conducts business under Financial Services sector and is part of Banks—Regional industry. The entity has 1.26 M outstanding shares.
Eastern Michigan Financial currently holds about 115.04 M in cash with 6.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 91.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Eastern Michigan Probability Of Bankruptcy
Eastern Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Eastern Michigan jumping above the current price in 90 days from now is about 33.0%. The Eastern Michigan Financial probability density function shows the probability of Eastern Michigan pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Eastern Michigan has a beta of 0.0792 suggesting as returns on the market go up, Eastern Michigan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eastern Michigan Financial will be expected to be much smaller as well. Additionally, eastern Michigan Financial has an alpha of 0.2028, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eastern Michigan to move above the current price in 90 days from now is about 33.0 (This Eastern Michigan Financial probability density function shows the probability of Eastern Pink Sheet to fall within a particular range of prices over 90 days) .
Eastern Michigan Fin Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eastern Michigan market risk premium is the additional return an investor will receive from holding Eastern Michigan 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 Eastern Michigan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eastern Michigan's alpha and beta are two of the key measurements used to evaluate Eastern Michigan's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.9 | |||
| Variance | 3.61 |
Eastern Stock Against Markets
Picking the right benchmark for Eastern Michigan pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eastern Michigan pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eastern Michigan is critical whether you are bullish or bearish towards Eastern Michigan Financial at a given time. Please also check how Eastern Michigan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eastern Michigan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
Eastern Michigan Corporate Management
Elected by the shareholders, the Eastern Michigan's board of directors comprises two types of representatives: Eastern Michigan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eastern. The board's role is to monitor Eastern Michigan's management team and ensure that shareholders' interests are well served. Eastern Michigan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eastern Michigan's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Oldford | CEO Pres | Profile | |
| Chad Deaner | VP Officer | Profile | |
| Stacie Bales | VP COO | Profile | |
| Errin Levitt | VP CFO | Profile |
How to buy Eastern Pink Sheet?
Before investing in Eastern Michigan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eastern Michigan. To buy Eastern Michigan stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eastern Michigan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Eastern Michigan stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eastern Michigan Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Eastern Michigan Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eastern Michigan Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Eastern Michigan Financial?
The danger of trading Eastern Michigan Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eastern Michigan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eastern Michigan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eastern Michigan Fin is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Michigan Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Eastern Pink Sheet analysis
When running Eastern Michigan's price analysis, check to measure Eastern Michigan'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 Eastern Michigan is operating at the current time. Most of Eastern Michigan's value examination focuses on studying past and present price action to predict the probability of Eastern Michigan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Michigan's price. Additionally, you may evaluate how the addition of Eastern Michigan to your portfolios can decrease your overall portfolio volatility.
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