Eic Value Mutual Fund Forecast - Day Median Price
| EICVX Fund | USD 17.17 0.11 0.64% |
Eic Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eic Value stock prices and determine the direction of Eic Value Fund's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eic Value's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Eic Value to cross-verify your projections. Eic |
Most investors in Eic Value cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Eic Value's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eic Value's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 17.28 | 17.17 |
| Check Eic Value Volatility | Backtest Eic Value | Information Ratio |
Eic Value Trading Date Momentum
| On May 07 2024 Eic Value Fund was traded for 17.17 at the closing time. The highest daily price throughout the period was 17.17 and the lowest price was 17.17 . There was no trading activity during the period 0.0. Lack of trading volume on 05/07/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
The median price is the midpoint of the trading periods range.
| Compare Eic Value to competition |
Other Forecasting Options for Eic Value
For every potential investor in Eic, whether a beginner or expert, Eic Value's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eic Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eic. Basic forecasting techniques help filter out the noise by identifying Eic Value's price trends.Eic Value Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eic Value mutual fund to make a market-neutral strategy. Peer analysis of Eic Value could also be used in its relative valuation, which is a method of valuing Eic Value by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eic Value Fund Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Eic Value's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Eic Value's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eic Value Market Strength Events
Market strength indicators help investors to evaluate how Eic Value mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eic Value shares will generate the highest return on investment. By undertsting and applying Eic Value mutual fund market strength indicators, traders can identify Eic Value Fund entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 17.17 | |||
| Day Typical Price | 17.17 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) |
Eic Value Risk Indicators
The analysis of Eic Value's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Eic Value's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eic mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4605 | |||
| Semi Deviation | 0.5899 | |||
| Standard Deviation | 0.6264 | |||
| Variance | 0.3923 | |||
| Downside Variance | 0.4867 | |||
| Semi Variance | 0.348 | |||
| Expected Short fall | (0.48) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eic Value in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eic Value's short interest history, or implied volatility extrapolated from Eic Value options trading.
Pair Trading with Eic Value
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eic Value position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eic Value will appreciate offsetting losses from the drop in the long position's value.Moving together with Eic Mutual Fund
| 1.0 | EICIX | Eic Value Fund | PairCorr |
| 1.0 | EICCX | Eic Value Fund | PairCorr |
| 0.97 | VVIAX | Vanguard Value Index | PairCorr |
| 0.92 | DOXGX | Dodge Cox Stock | PairCorr |
The ability to find closely correlated positions to Eic Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eic Value when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eic Value - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eic Value Fund to buy it.
The correlation of Eic Value is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eic Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eic Value Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eic Value can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Eic Value to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.