Eaton Vance Fund Forecast - 4 Period Moving Average

EIM Fund  USD 10.42  0.01  0.1%   
The 4 Period Moving Average forecasted value of Eaton Vance Mbf on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 3.89. Eaton Fund Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Eaton Vance Mbf is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Eaton Vance 4 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Eaton Vance Mbf on the next trading day is expected to be 10.41 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.89.
Please note that although there have been many attempts to predict Eaton Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Eaton Vance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Eaton Vance Fund Forecast Pattern

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Eaton Vance Forecasted Value

In the context of forecasting Eaton Vance's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Eaton Vance's downside and upside margins for the forecasting period are 9.84 and 10.97, respectively. We have considered Eaton Vance's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
10.42
10.41
Expected Value
10.97
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Eaton Vance fund data series using in forecasting. Note that when a statistical model is used to represent Eaton Vance fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria105.7837
BiasArithmetic mean of the errors -0.0025
MADMean absolute deviation0.0683
MAPEMean absolute percentage error0.0065
SAESum of the absolute errors3.8925
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Eaton Vance. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Eaton Vance Mbf and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Eaton Vance

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eaton Vance Mbf. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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.
Hype
Prediction
LowEstimatedHigh
9.8610.4210.98
Details
Intrinsic
Valuation
LowRealHigh
9.8910.4511.01
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.4110.4210.43
Details

Other Forecasting Options for Eaton Vance

For every potential investor in Eaton, whether a beginner or expert, Eaton Vance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eaton Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eaton. Basic forecasting techniques help filter out the noise by identifying Eaton Vance's price trends.

Eaton Vance Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eaton Vance fund to make a market-neutral strategy. Peer analysis of Eaton Vance could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Eaton Vance Mbf Technical and Predictive Analytics

The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Eaton Vance's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Eaton Vance's current price.

Eaton Vance Market Strength Events

Market strength indicators help investors to evaluate how Eaton Vance fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eaton Vance shares will generate the highest return on investment. By undertsting and applying Eaton Vance fund market strength indicators, traders can identify Eaton Vance Mbf entry and exit signals to maximize returns.

Eaton Vance Risk Indicators

The analysis of Eaton Vance's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Eaton Vance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eaton fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Eaton Fund

Eaton Vance financial ratios help investors to determine whether Eaton Fund 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 Eaton with respect to the benefits of owning Eaton Vance security.
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