EAST Old Shares Outstanding vs. Return On Asset
Based on the measurements of profitability obtained from EAST Old's financial statements, EAST Old may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess EAST Old's ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Please note, there is a significant difference between EAST Old's value and its price as these two are different measures arrived at by different means. Investors typically determine if EAST Old is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EAST Old'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.
For EAST Old profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EAST Old to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EAST Old utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EAST Old's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EAST Old over time as well as its relative position and ranking within its peers.
EAST |
EAST Old Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EAST Old's current stock value. Our valuation model uses many indicators to compare EAST Old value to that of its competitors to determine the firm's financial worth. EAST Old is rated below average in shares outstanding category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value EAST Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.EAST Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
EAST Old |
| = | 4.69 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
EAST Old |
| = | -0.17 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
EAST Return On Asset Comparison
EAST Old is currently under evaluation in return on asset category among its peers.
EAST Old Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EAST Old, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EAST Old will eventually generate negative long term returns. The profitability progress is the general direction of EAST Old's change in net profit over the period of time. It can combine multiple indicators of EAST Old, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon. Eastside Distilling operates under BeveragesWineries Distilleries classification in the United States and is traded on NASDAQ Exchange. It employs 69 people.
EAST Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EAST Old. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EAST Old position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EAST Old's important profitability drivers and their relationship over time.
Use EAST Old in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EAST Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EAST Old will appreciate offsetting losses from the drop in the long position's value.EAST Old Pair Trading
EAST Old Pair Trading Analysis
The ability to find closely correlated positions to Expeditors International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expeditors International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Expeditors International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Expeditors International of to buy it.
The correlation of Expeditors International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expeditors International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expeditors International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Expeditors International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your EAST Old position
In addition to having EAST Old in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Healthcare Funds Thematic Idea Now
Healthcare Funds
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in EAST Stock
If you are still planning to invest in EAST Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EAST Old's history and understand the potential risks before investing.
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