Eastman Stock Future Price Prediction

EMN
 Stock
  

USD 86.62  1.37  1.61%   

Eastman Chemical stock price prediction is an act of determining the future value of Eastman Chemical shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Eastman Chemical's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Eastman Chemical and does not consider all of the tangible or intangible factors available from Eastman Chemical's fundamental data. We analyze noise-free headlines and recent hype associated with Eastman Chemical, which may create opportunities for some arbitrage if properly timed.
Continue to Eastman Chemical Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Eastman Chemical based on different types of headlines from major news networks to social media. The Eastman stock price prediction module provides an analysis of price elasticity to changes in media outlook on Eastman Chemical over a specific investment horizon.
Quarterly Earnings Growth YOY
(0.043) 
EPS Estimate Next Quarter
1.82
EPS Estimate Current Year
8.24
EPS Estimate Next Year
8.29
Wall Street Target Price
90.91
EPS Estimate Current Quarter
2.0
Using Eastman Chemical hype-based prediction, you can estimate the value of Eastman Chemical from the perspective of Eastman Chemical response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Eastman Chemical using Eastman Chemical's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Eastman using crowd psychology based on the activity and movement of Eastman Chemical's stock price.
Eastman Chemical Accounts Payable Turnover is quite stable at the moment as compared to the past year. The company's current value of Accounts Payable Turnover is estimated at 12.30. Accrued Expenses Turnover is expected to rise to 28.53 this year, although the value of Interest Coverage will most likely fall to 9.01.

Eastman Chemical Short Interest

A significant increase or decrease in Eastman Chemical's short interest from the previous month could be a good indicator of investor sentiment towards Eastman. Short interest can provide insight into the potential direction of Eastman Chemical stock and how bullish or bearish investors feel about the market overall. An investor who is long Eastman Chemical may also wish to track short interest. As short interest increases, investors should be becoming more worried about Eastman Chemical and may potentially protect profits, hedge Eastman Chemical with its derivative instruments, or be ready for some potential downside.
200 Day MA
95.7
Short Percent
0.017
Short Ratio
1.57
Shares Short Prior Month
1.8 M
50 Day MA
77.74
Shares Short
1.8 M

Eastman Chemical Hype to Price Pattern

Investor biases related to Eastman Chemical's public news can be used to forecast risks associated with investment in Eastman. The trend in average sentiment can be used to explain how an investor holding Eastman can time the market purely based on public headlines and social activities around Eastman Chemical. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Eastman Chemical's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Eastman Chemical.

Eastman Chemical Implied Volatility

    
  15.14  
Eastman Chemical's implied volatility exposes the market's sentiment of Eastman Chemical stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eastman Chemical's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eastman Chemical stock will not fluctuate a lot when Eastman Chemical's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Eastman Chemical. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Eastman Chemical to buy its stock at a price that has no basis in reality. In that case, they are not buying Eastman because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Eastman Chemical after-hype prediction price

    
  USD 86.63  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Eastman contract

Based on the Rule 16, the options market is currently suggesting that Eastman Chemical will have an average daily up or down price movement of about 0.95% per day over the life of the 2022-12-16 option contract. With Eastman Chemical trading at USD86.62, that is roughly USD0.82. If you think that the market is fully incorporating Eastman Chemical's daily price movement you should consider acquiring Eastman Chemical options at the current volatility level of 15.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eastman Chemical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eastman Chemical in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
77.96110.63113.41
Details
Naive
Forecast
LowNext ValueHigh
81.8584.6287.40
Details
11 Analysts
Consensus
LowTarget PriceHigh
110.00136.75165.00
Details
Earnings
Estimates (9)
LowProjected EPSHigh
8.908.969.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eastman Chemical. Your research has to be compared to or analyzed against Eastman Chemical's peers to derive any actionable benefits. When done correctly, Eastman Chemical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eastman Chemical.

Eastman Chemical After-Hype Price Prediction Density Analysis

As far as predicting the price of Eastman Chemical at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eastman Chemical or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Eastman Chemical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Eastman Chemical Estimiated After-Hype Price Volatility

In the context of predicting Eastman Chemical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eastman Chemical's historical news coverage. Eastman Chemical's after-hype downside and upside margins for the prediction period are 83.85 and 89.41, respectively. We have considered Eastman Chemical's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 86.62
86.63
After-hype Price
89.41
Upside
Eastman Chemical is very steady asset. Analysis and calculation of next after-hype price of Eastman Chemical is based on 3 months time horizon.

Eastman Chemical Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Eastman Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eastman Chemical backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eastman Chemical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01  2.78  0.01   0.00  8 Events / Month6 Events / MonthIn about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
86.6286.630.01 
239.66  

Eastman Chemical Hype Timeline

On the 30th of November Eastman Chemical is traded for 86.62. The entity has historical hype elasticity of 0.01 and average elasticity to hype of competition of 0.0. Eastman is expected to increase in value after the next headline with the price projected to jump to 86.63 or above. The average volatility of media hype impact on the company stock price is over 100%. The price upswing on the next news is projected to be 0.01% whereas the daily expected return is currently at -0.01%. The volatility of related hype on Eastman Chemical is about 655.66% with expected price after next announcement by competition of 86.62. The company reported the last year's revenue of 10.48 B. Total Income to common stockholders was 857 M with profit before taxes, overhead, and interest of 2.5 B. Considering the 90-day investment horizon the next expected press release will be in about 8 days.
Continue to Eastman Chemical Basic Forecasting Models to cross-verify your projections.

Eastman Chemical Related Hype Analysis

Having access to credible news sources related to Eastman Chemical's direct competition is more important than ever and may enhance your ability to predict Eastman Chemical's future price movements. Getting to know how Eastman Chemical rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eastman Chemical may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GUREGulf Resources 0.00 0 per month 0.00 (0.15)  2.91 (4.81)  12.66 
XOMExxon Mobil Corp(1.61) 8 per month 1.90  0.06  3.65 (3.00)  9.75 
MRKMerck Company 0.12 8 per month 0.89  0.22  2.44 (1.71)  7.38 
DISWalt Disney(1.71) 7 per month 0.00 (0.09)  4.28 (3.22)  17.60 
INTCIntel(1.21) 9 per month 0.00 (0.05)  4.33 (3.46)  14.49 
CATCaterpillar 1.74 8 per month 1.48  0.12  4.36 (2.70)  9.57 
TRVThe Travelers Companies 0.04 9 per month 1.26  0.10  2.80 (2.03)  6.50 
GEGeneral Electric(0.07) 7 per month 1.77  0.06  3.43 (2.68)  9.22 
MMM3M Company(1.33) 7 per month 1.70 (0.0239)  3.38 (3.23)  8.28 
JNJJohnson Johnson(0.21) 8 per month 0.94  0.07  1.78 (1.57)  5.47 

Eastman Chemical Additional Predictive Modules

Most predictive techniques to examine Eastman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eastman using various technical indicators. When you analyze Eastman charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Eastman Chemical Predictive Indicators

The successful prediction of Eastman Chemical stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Eastman Chemical, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Eastman Chemical based on analysis of Eastman Chemical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eastman Chemical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eastman Chemical's related companies.
 2019 2020 2022 (projected)
Long Term Debt to Equity0.940.871.1
Interest Coverage5.143.539.01

Story Coverage note for Eastman Chemical

The number of cover stories for Eastman Chemical depends on current market conditions and Eastman Chemical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eastman Chemical is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eastman Chemical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Eastman Chemical Short Properties

Eastman Chemical's future price predictability will typically decrease when Eastman Chemical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Eastman Chemical often depends not only on the future outlook of the potential Eastman Chemical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Eastman Chemical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding136500000.00
Cash And Short Term Investments459000000.00
Continue to Eastman Chemical Basic Forecasting Models to cross-verify your projections. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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
10.4 B
Quarterly Revenue Growth YOY
(0.004) 
Return On Assets
0.0693
Return On Equity
0.2
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.