Eastside Distilling Stock Probability of Future Stock Price Finishing Over 3.00
| BLNE Stock | 3.00 0.13 4.15% |
Eastside Distilling Target Price Odds to finish over 3.00
The tendency of Eastside Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 3.00 | 90 days | 3.00 | about 11.95 |
Based on a normal probability distribution, the odds of Eastside Distilling to move above the current price in 90 days from now is about 11.95 (This Eastside Distilling probability density function shows the probability of Eastside Stock to fall within a particular range of prices over 90 days) .
Eastside Distilling Price Density |
| Price |
Predictive Modules for Eastside Distilling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastside Distilling. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Eastside Distilling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eastside Distilling is not an exception. The market had few large corrections towards the Eastside Distilling's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eastside Distilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eastside Distilling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.52 | |
β | Beta against Dow Jones | 2.41 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | 0.09 |
Eastside Distilling Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eastside Distilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eastside Distilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eastside Distilling is way too risky over 90 days horizon | |
| Eastside Distilling appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 3.91 M. Net Loss for the year was (6.24 M) with profit before overhead, payroll, taxes, and interest of 7.48 M. | |
| Eastside Distilling generates negative cash flow from operations | |
| Eastside Distilling has a frail financial position based on the latest SEC disclosures | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Beeline to Integrate Its Digital Quality Control Platform, BLINKQC, Into Encompass Platform, Expanding Access to Over 3,100 Mortgage Lenders |
Eastside Distilling Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Eastside Stock often depends not only on the future outlook of the current and potential Eastside Distilling'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. Eastside Distilling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 246.3 K | |
| Cash And Short Term Investments | 391 K |
Eastside Distilling Technical Analysis
Eastside Distilling's future price can be derived by breaking down and analyzing its technical indicators over time. Eastside Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eastside Distilling. In general, you should focus on analyzing Eastside Stock price patterns and their correlations with different microeconomic environments and drivers.
Eastside Distilling Predictive Forecast Models
Eastside Distilling's time-series forecasting models is one of many Eastside Distilling's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Eastside Distilling's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Eastside Distilling
Checking the ongoing alerts about Eastside Distilling for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eastside Distilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eastside Distilling is way too risky over 90 days horizon | |
| Eastside Distilling appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 3.91 M. Net Loss for the year was (6.24 M) with profit before overhead, payroll, taxes, and interest of 7.48 M. | |
| Eastside Distilling generates negative cash flow from operations | |
| Eastside Distilling has a frail financial position based on the latest SEC disclosures | |
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Beeline to Integrate Its Digital Quality Control Platform, BLINKQC, Into Encompass Platform, Expanding Access to Over 3,100 Mortgage Lenders |
Check out Eastside Distilling Analysis, Eastside Distilling Valuation, Eastside Distilling Correlation, Eastside Distilling Hype Analysis, Eastside Distilling Volatility, Eastside Distilling Price History as well as Eastside Distilling Performance. For information on how to trade Eastside Stock refer to our How to Trade Eastside Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Will Distillers & Vintners sector continue expanding? Could Eastside diversify its offerings? Factors like these will boost the valuation of Eastside Distilling. Projected growth potential of Eastside fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Eastside Distilling data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share 74.27 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets | Return On Equity |
Understanding Eastside Distilling requires distinguishing between market price and book value, where the latter reflects Eastside's accounting equity. The concept of intrinsic value - what Eastside Distilling's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Eastside Distilling's price substantially above or below its fundamental value.
It's important to distinguish between Eastside Distilling's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Eastside Distilling should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Eastside Distilling's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.