Eaton Vance California Stock Probability of Future Stock Price Finishing Over 9.41
| EVM Stock | USD 9.41 0.03 0.32% |
Eaton |
Eaton Vance Target Price Odds to finish over 9.41
The tendency of Eaton Stock 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 above the current price in 90 days |
| 9.41 | 90 days | 9.41 | about 50.0 |
Based on a normal probability distribution, the odds of Eaton Vance to move above the current price in 90 days from now is about 50.0 (This Eaton Vance California probability density function shows the probability of Eaton Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Eaton Vance California has a beta of -0.0147 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 California is likely to outperform the market. Additionally Eaton Vance California 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 California. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 California, 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 | -0.01 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.3 |
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 California 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 generated a negative expected return over the last 90 days | |
| Eaton Vance has a strong financial position based on the latest SEC filings | |
| On 31st of October 2024 Eaton Vance paid $ 0.0417 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Acquisition by Saba Capital Management, L.p. of 94696 shares of Eaton Vance at 9.35 subject to Rule 16b-3 |
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 Stock 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.
| Common Stock Shares Outstanding | 24.7 M |
Eaton Vance Technical Analysis
Eaton Vance's future price can be derived by breaking down and analyzing its technical indicators over time. Eaton Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eaton Vance California. In general, you should focus on analyzing Eaton Stock 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 stock 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 stock market movement and maximize returns from investment trading.
Things to note about Eaton Vance California
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 California help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eaton Vance generated a negative expected return over the last 90 days | |
| Eaton Vance has a strong financial position based on the latest SEC filings | |
| On 31st of October 2024 Eaton Vance paid $ 0.0417 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Acquisition by Saba Capital Management, L.p. of 94696 shares of Eaton Vance at 9.35 subject to Rule 16b-3 |
Check out Eaton Vance Backtesting, Eaton Vance Valuation, Eaton Vance Correlation, Eaton Vance Hype Analysis, Eaton Vance Volatility, Eaton Vance History as well as Eaton Vance Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Asset Management & Custody Banks 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 Eaton Vance. If investors know Eaton 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 Eaton Vance 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 0.145 | Dividend Share 0.382 | Earnings Share 0.33 | Revenue Per Share 0.611 | Quarterly Revenue Growth (0.09) |
The market value of Eaton Vance California 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.