Eaton Vance Tax Managed Fund Probability of Future Mutual Fund Price Finishing Under 33.13

ECEAX Fund  USD 34.45  0.15  0.44%   
Eaton Vance's future price is the expected price of Eaton Vance instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Eaton Vance Tax Managed performance during a given time horizon utilizing its historical volatility. 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.
  
Please specify Eaton Vance's target price for which you would like Eaton Vance odds to be computed.

Eaton Vance Target Price Odds to finish below 33.13

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 PriceHorizonTarget PriceOdds to drop to $ 33.13  or more in 90 days
 34.45 90 days 33.13 
about 48.99
Based on a normal probability distribution, the odds of Eaton Vance to drop to $ 33.13  or more in 90 days from now is about 48.99 (This Eaton Vance Tax Managed 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 Tax price to stay between $ 33.13  and its current price of $34.45 at the end of the 90-day period is about 46.5 .
Assuming the 90 days horizon Eaton Vance has a beta of 0.0376 suggesting 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 Tax Managed will be expected to be much smaller as well. Additionally Eaton Vance Tax Managed has an alpha of 0.0685, implying that it can generate a 0.0685 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   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 Tax. 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.
Hype
Prediction
LowEstimatedHigh
33.8134.4535.09
Details
Intrinsic
Valuation
LowRealHigh
33.4734.1134.75
Details
Naive
Forecast
LowNextHigh
33.8534.4935.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
33.8634.1634.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eaton Vance. Your research has to be compared to or analyzed against Eaton Vance's peers to derive any actionable benefits. When done correctly, Eaton Vance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eaton Vance Tax.

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 Tax Managed, 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
0.07
β
Beta against Dow Jones0.04
σ
Overall volatility
0.75
Ir
Information ratio -0.09

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 Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 92.64% of its assets under management (AUM) in equities

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 Tax Managed. 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 Tax

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 Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 92.64% of its assets under management (AUM) in equities

Other Information on Investing in Eaton Mutual Fund

Eaton Vance financial ratios help investors to determine whether Eaton Mutual Fund 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 Vance security.
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