Eastman Sales General And Administrative To Revenue from 2010 to 2024

EMN Stock  USD 91.76  1.73  1.92%   
Eastman Chemical Sales General And Administrative To Revenue yearly trend continues to be very stable with very little volatility. Sales General And Administrative To Revenue is likely to drop to 0.08. During the period from 2010 to 2024, Eastman Chemical Sales General And Administrative To Revenue quarterly data regression pattern had sample variance of  0.0003 and median of  0.07. View All Fundamentals
 
Sales General And Administrative To Revenue  
First Reported
2010-12-31
Previous Quarter
0.08338762
Current Value
0.077
Quarterly Volatility
0.01656168
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eastman Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastman Chemical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 447.3 M, Interest Expense of 123.4 M or Total Revenue of 7.8 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0326 or PTB Ratio of 2.89. Eastman financial statements analysis is a perfect complement when working with Eastman Chemical Valuation or Volatility modules.
  
Check out the analysis of Eastman Chemical Correlation against competitors.
To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.

Latest Eastman Chemical's Sales General And Administrative To Revenue Growth Pattern

Below is the plot of the Sales General And Administrative To Revenue of Eastman Chemical over the last few years. It is Eastman Chemical's Sales General And Administrative To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastman Chemical's overall financial position and show how it may be relating to other accounts over time.
Sales General And Administrative To Revenue10 Years Trend
Pretty Stable
   Sales General And Administrative To Revenue   
       Timeline  

Eastman Sales General And Administrative To Revenue Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation25.02
Mean Deviation0.01
Median0.07
Standard Deviation0.02
Sample Variance0.0003
Range0.0468
R-Value(0.28)
Mean Square Error0.0003
R-Squared0.08
Significance0.31
Slope(0)
Total Sum of Squares0

Eastman Sales General And Administrative To Revenue History

2024 0.077
2023 0.0834
2022 0.0591
2019 0.0366
2018 0.071
2017 0.0732
2016 0.078

About Eastman Chemical Financial Statements

Eastman Chemical investors utilize fundamental indicators, such as Sales General And Administrative To Revenue, to predict how Eastman Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Sales General And Administrative To Revenue 0.08  0.08 

Pair Trading with Eastman Chemical

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 Eastman Chemical 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 Eastman Chemical will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eastman Stock

  0.89DD Dupont De Nemours Fiscal Year End 4th of February 2025 PairCorr
  0.8DNMR Danimer Scientific Upward RallyPairCorr

Moving against Eastman Stock

  0.58ECVT EcovystPairCorr
  0.38FSI Flexible SolutionsPairCorr
The ability to find closely correlated positions to Eastman Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastman Chemical 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 Eastman Chemical - 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 Eastman Chemical to buy it.
The correlation of Eastman Chemical 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 Eastman Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastman Chemical 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 Eastman Chemical 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.
Pair CorrelationCorrelation Matching
When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:
Check out the analysis of Eastman Chemical Correlation against competitors.
To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Chemicals space 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
0.027
Dividend Share
3.24
Earnings Share
7.46
Revenue Per Share
79.642
Quarterly Revenue Growth
0.087
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 if Eastman Chemical is a good investment 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.