Eaton Vance Short Fund Probability of Future Mutual Fund Price Finishing Under 7.19
| EASDX Fund | USD 7.18 0.02 0.28% |
Eaton |
Eaton Vance Target Price Odds to finish below 7.19
The tendency of Eaton Mutual Fund 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 stay under $ 7.19 after 90 days |
| 7.18 | 90 days | 7.19 | about 25.68 |
Based on a normal probability distribution, the odds of Eaton Vance to stay under $ 7.19 after 90 days from now is about 25.68 (This Eaton Vance Short probability density function shows the probability of Eaton Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Eaton Vance Short price to stay between its current price of $ 7.18 and $ 7.19 at the end of the 90-day period is about 6.32 .
Assuming the 90 days horizon Eaton Vance Short has a beta of -0.0304 suggesting as returns on the benchmark increase, returns on holding Eaton Vance are expected to decrease at a much lower rate. During a bear market, however, Eaton Vance Short is likely to outperform the market. Additionally Eaton Vance Short has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Eaton Vance Price Density |
| Price |
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 Short. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eaton Vance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eaton Vance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eaton Vance is not an exception. The market had few large corrections towards the Eaton Vance'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 Eaton Vance Short, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eaton Vance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.67 |
Eaton Vance 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 Eaton Vance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eaton Vance Short can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eaton Vance Short generated a negative expected return over the last 90 days | |
| The fund retains about 9.07% of its assets under management (AUM) in cash |
Eaton Vance 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 Eaton Mutual Fund often depends not only on the future outlook of the current and potential Eaton Vance'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. Eaton Vance's indicators that are reflective of the short sentiment are summarized in the table below.
Eaton Vance Technical Analysis
Eaton Vance's future price can be derived by breaking down and analyzing its technical indicators over time. Eaton Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eaton Vance Short. In general, you should focus on analyzing Eaton Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Eaton Vance Predictive Forecast Models
Eaton Vance's time-series forecasting models is one of many Eaton Vance's mutual fund 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 Eaton Vance'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 mutual fund market movement and maximize returns from investment trading.
Things to note about Eaton Vance Short
Checking the ongoing alerts about Eaton Vance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eaton Vance Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eaton Vance Short generated a negative expected return over the last 90 days | |
| The fund retains about 9.07% of its assets under management (AUM) in cash |
Other Information on Investing in Eaton Mutual Fund
Eaton Vance financial ratios help investors to determine whether Eaton Mutual 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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