Eaton Vance Short Etf Probability of Future Etf Price Finishing Over 12.76
| EVG Etf | USD 11.04 0.03 0.27% |
Eaton |
Eaton Vance Target Price Odds to finish over 12.76
The tendency of Eaton Etf 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 move over $ 12.76 or more in 90 days |
| 11.04 | 90 days | 12.76 | close to zero percent |
Based on a normal probability distribution, the odds of Eaton Vance to move over $ 12.76 or more in 90 days from now is close to zero percent (This Eaton Vance Short probability density function shows the probability of Eaton Etf to fall within a particular range of prices over 90 days) . Probability of Eaton Vance Short price to stay between its current price of $ 11.04 and $ 12.76 at the end of the 90-day period is about 42.79 .
Considering the 90-day investment horizon Eaton Vance has a beta of 0.0866 suggesting as returns on the market go up, Eaton Vance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eaton Vance Short will be expected to be much smaller as well. Additionally Eaton Vance Short has an alpha of 0.0171, implying that it can generate a 0.0171 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 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 etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 | 0.02 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.17 |
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 has 61 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Eaton Vance Short has a current ratio of 0.18, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Eaton Vance until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Vance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton Vance Short sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Vance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 11.2 M. Reported Net Loss for the year was (8.48 M) with profit before taxes, overhead, and interest of 15.61 M. | |
| Latest headline from gurufocus.com: AMERIPRISE FINANCIAL INC Expands Stake in Eaton Vance Short Duration Diversified Income Fund |
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 Etf 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 Etf 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 Etf 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 etf 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 etf 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 has 61 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Eaton Vance Short has a current ratio of 0.18, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Eaton Vance until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Vance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton Vance Short sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Vance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 11.2 M. Reported Net Loss for the year was (8.48 M) with profit before taxes, overhead, and interest of 15.61 M. | |
| Latest headline from gurufocus.com: AMERIPRISE FINANCIAL INC Expands Stake in Eaton Vance Short Duration Diversified Income Fund |
Check out Eaton Vance Backtesting, Portfolio Optimization, Eaton Vance Correlation, Eaton Vance Hype Analysis, Eaton Vance Volatility, Eaton Vance History as well as Eaton Vance Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Eaton Vance Short is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance'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 Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance'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 Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance'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.