EATON VANCE P Chance of Future Bond Price Finishing Over 94.83
| 278265AE3 | 95.29 2.18 2.24% |
EATON |
EATON Target Price Odds to finish over 94.83
The tendency of EATON Bond 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 above 94.83 in 90 days |
| 95.29 | 90 days | 94.83 | close to 99 |
Based on a normal probability distribution, the odds of EATON to stay above 94.83 in 90 days from now is close to 99 (This EATON VANCE P probability density function shows the probability of EATON Bond to fall within a particular range of prices over 90 days) . Probability of EATON VANCE P price to stay between 94.83 and its current price of 95.29 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon EATON has a beta of 0.0178. This usually implies as returns on the market go up, EATON average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EATON VANCE P will be expected to be much smaller as well. Additionally EATON VANCE P 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 Price Density |
| Price |
Predictive Modules for EATON
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 P. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.EATON Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EATON is not an exception. The market had few large corrections towards the EATON'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 P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EATON within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.62 | |
Ir | Information ratio | -0.54 |
EATON 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EATON VANCE P 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 P generated a negative expected return over the last 90 days |
EATON Technical Analysis
EATON's future price can be derived by breaking down and analyzing its technical indicators over time. EATON Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EATON VANCE P. In general, you should focus on analyzing EATON Bond price patterns and their correlations with different microeconomic environments and drivers.
EATON Predictive Forecast Models
EATON's time-series forecasting models is one of many EATON's bond 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'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 bond market movement and maximize returns from investment trading.
Things to note about EATON VANCE P
Checking the ongoing alerts about EATON for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EATON VANCE P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EATON VANCE P generated a negative expected return over the last 90 days |
Other Information on Investing in EATON Bond
EATON financial ratios help investors to determine whether EATON 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 EATON with respect to the benefits of owning EATON security.