Eaton Vance Short Etf Technical Analysis
| EVG Etf | USD 10.93 0.03 0.28% |
As of the 18th of January 2025, Eaton Vance shows the Coefficient Of Variation of 4266.5, downside deviation of 0.7385, and Mean Deviation of 0.4598. Eaton Vance Short technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm Eaton Vance Short variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Eaton Vance Short is priced favorably, providing market reflects its regular price of 10.93 per share.
Eaton Vance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eaton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EatonEaton |
Eaton Vance technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Eaton Vance Short Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Eaton Vance Short volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eaton Vance Short Trend Analysis
Use this graph to draw trend lines for Eaton Vance Short. You can use it to identify possible trend reversals for Eaton Vance as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eaton Vance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eaton Vance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eaton Vance Short applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may imply that the returns on investment in Eaton Vance Short will continue to fail. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Eaton Vance price change compared to its average price change.About Eaton Vance Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eaton Vance Short on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eaton Vance Short based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Eaton Vance Short price pattern first instead of the macroeconomic environment surrounding Eaton Vance Short. By analyzing Eaton Vance's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eaton Vance's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eaton Vance specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eaton Vance January 18, 2025 Technical Indicators
Most technical analysis of Eaton help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eaton from various momentum indicators to cycle indicators. When you analyze Eaton charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.016 | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.4598 | |||
| Semi Deviation | 0.6278 | |||
| Downside Deviation | 0.7385 | |||
| Coefficient Of Variation | 4266.5 | |||
| Standard Deviation | 0.6138 | |||
| Variance | 0.3767 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 3.21 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 0.932 | |||
| Downside Variance | 0.5454 | |||
| Semi Variance | 0.3942 | |||
| Expected Short fall | (0.47) | |||
| Skewness | (0.34) | |||
| Kurtosis | 0.5066 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. 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.