Eaton Vance National Fund Probability of Future Mutual Fund Price Finishing Over 21.23
| XEOTX Fund | USD 18.23 0.01 0.05% |
Eaton |
Eaton Vance Target Price Odds to finish over 21.23
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 move over $ 21.23 or more in 90 days |
| 18.23 | 90 days | 21.23 | close to zero percent |
Based on a normal probability distribution, the odds of Eaton Vance to move over $ 21.23 or more in 90 days from now is close to zero percent (This Eaton Vance National 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 National price to stay between its current price of $ 18.23 and $ 21.23 at the end of the 90-day period is over 95.99 .
Assuming the 90 days horizon Eaton Vance has a beta of 0.11. This entails 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 National will be expected to be much smaller as well. Additionally Eaton Vance National has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. 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 National. 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 National, 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 NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.11 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.28 |
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 National 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 National generated a negative expected return over the last 90 days |
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 National. 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 National
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 National help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eaton Vance National generated a negative expected return over the last 90 days |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.