EASTMAN CHEM 48 Price on October 22, 2024
277432AL4 | 83.45 7.58 8.33% |
If you're considering investing in EASTMAN Bond, it is important to understand the factors that can impact its price. As of today, the current price of EASTMAN stands at 83.45, as last reported on the 12th of December 2024, with the highest price reaching 83.45 and the lowest price hitting 83.45 during the day. EASTMAN CHEM 48 secures Sharpe Ratio (or Efficiency) of -0.0039, which denotes the bond had a -0.0039% return per unit of volatility over the last 3 months. EASTMAN CHEM 48 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EASTMAN's Market Risk Adjusted Performance of 0.3479, standard deviation of 1.28, and Mean Deviation of 0.8648 to check the risk estimate we provide.
EASTMAN Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
EASTMAN |
Sharpe Ratio = -0.0039
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Negative Returns | 277432AL4 |
Estimated Market Risk
2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EASTMAN is not performing at its full potential. However, 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 by adding EASTMAN to a well-diversified portfolio.
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EASTMAN Valuation on October 22, 2024
It is possible to determine the worth of EASTMAN on a given historical date. On October 22, 2024 EASTMAN was worth 87.88 at the beginning of the trading date compared to the closed value of 87.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EASTMAN bond. Still, in general, we apply an absolute valuation method to find EASTMAN's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of EASTMAN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EASTMAN's related companies.
Open | High | Low | Close | Volume | |
91.21 | 91.21 | 91.21 | 91.21 | 1.00 | |
10/22/2024 | 87.88 | 87.88 | 87.88 | 87.88 | 1.00 |
89.45 | 89.45 | 89.45 | 89.45 | 1.00 |
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EASTMAN Trading Date Momentum on October 22, 2024
On October 23 2024 EASTMAN CHEM 48 was traded for 89.45 at the closing time. The highest price during the trading period was 89.45 and the lowest recorded bid was listed for 89.45 . There was no trading activity during the period 1.0. Lack of trading volume on October 23, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 1.79% . The overall trading delta to the current price is 0.57% . |
About EASTMAN Bond history
EASTMAN investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EASTMAN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EASTMAN CHEM 48 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EASTMAN stock prices may prove useful in developing a viable investing in EASTMAN
EASTMAN Bond Technical Analysis
EASTMAN technical bond analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, bond market cycles, or different charting patterns.
Price Boundaries
EASTMAN Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
EASTMAN CHEM 48 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
EASTMAN December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how EASTMAN bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EASTMAN shares will generate the highest return on investment. By undertsting and applying EASTMAN bond market strength indicators, traders can identify EASTMAN CHEM 48 entry and exit signals to maximize returns
EASTMAN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EASTMAN's price direction in advance. Along with the technical and fundamental analysis of EASTMAN Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of EASTMAN to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | 0.3379 |
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Volume Indicators |
Other Information on Investing in EASTMAN Bond
EASTMAN financial ratios help investors to determine whether EASTMAN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EASTMAN with respect to the benefits of owning EASTMAN security.