Eastman Stock Performance

EMN
 Stock
  

USD 85.17  0.09  0.11%   

The firm shows a Beta (market volatility) of 1.5978, which means a somewhat significant risk relative to the market. Let's try to break down what Eastman's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eastman Chemical will likely underperform. Even though it is essential to pay attention to Eastman Chemical historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Eastman Chemical exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Eastman Chemical has an expected return of -0.12%. Please be advised to confirm Eastman Chemical value at risk, as well as the relationship between the skewness and day median price to decide if Eastman Chemical performance from the past will be repeated at some point in the near future.
  
Eastman Performance
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Over the last 90 days Eastman Chemical has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's primary indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more

Structure and Payout Changes

Forward Dividend Yield
0.0373
Payout Ratio
0.3509
Last Split Factor
2:1
Forward Dividend Rate
3.16
Dividend Date
2023-01-06
Ex Dividend Date
2022-12-14

Eastman Price Channel

Begin Period Cash Flow564000000.00
Total Cashflows From Investing Activities-29000000.00

Eastman Chemical Relative Risk vs. Return Landscape

If you would invest  9,401  in Eastman Chemical on September 11, 2022 and sell it today you would lose (884.00)  from holding Eastman Chemical or give up 9.4% of portfolio value over 90 days. Eastman Chemical is generating negative expected returns assuming volatility of 2.7384% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Eastman, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Eastman Chemical is expected to under-perform the market. In addition to that, the company is 1.84 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.01 per unit of volatility.

Eastman Chemical Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eastman Chemical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eastman Chemical, and traders can use it to determine the average amount a Eastman Chemical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0427

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Negative ReturnsEMN
Estimated Market Risk
 2.74
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 -0.12
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Eastman Chemical is performing at about 0% 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 Eastman Chemical by adding it to a well-diversified portfolio.

About Eastman Chemical Performance

To evaluate Eastman Chemical Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Eastman Chemical generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Eastman Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Eastman Chemical market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Eastman's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-5 M-5.1 M
Return on Investment 16.28  17.79 
Return on Average Assets 5.42  6.66 
Return on Average Equity 14.62  20.55 
Return on Invested Capital 0.10  0.1 
Return on Sales 0.12  0.12 

Things to note about Eastman Chemical

Checking the ongoing alerts about Eastman Chemical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eastman Chemical help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Eastman Chemical Alerts

Equity Alerts and Improvement Suggestions

Eastman Chemical generated a negative expected return over the last 90 days
Over 88.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Eastman Chemical Is Paying Out A Larger Dividend Than Last Year - Simply Wall St
Continue to Investing Opportunities. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Eastman Chemical 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 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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Is Eastman Chemical'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 Eastman Chemical. If investors know Eastman 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 Eastman Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.043) 
Market Capitalization
10.2 B
Quarterly Revenue Growth YOY
(0.004) 
Return On Assets
0.0693
Return On Equity
0.2011
The market value of Eastman Chemical is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical'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 Eastman Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical'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 Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine Eastman Chemical value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical'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.