EATON VANCE Mutual Fund Forecast - Price Action Indicator

ETHIX
 Fund
  

USD 4.04  0.03  0.75%   

EATON Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EATON VANCE historical stock prices and determine the direction of EATON VANCE HIGH's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of EATON VANCE historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of EATON VANCE to cross-verify your projections.
  
EATON VANCE HIGH has current Price Action Indicator of 0.
Most investors in EATON VANCE cannot accurately predict what will happen the next trading day because, historically, stock 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 EATON VANCE's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EATON VANCE's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
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EATON VANCE Trading Date Momentum

On December 02 2022 EATON VANCE HIGH was traded for  4.04  at the closing time. The highest daily price throughout the period was 4.04  and the lowest price was  4.04 . There was no trading activity during the period 0.0. Lack of trading volume on 12/02/2022 did not affect price variability. The overall trading delta to current closing price is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for EATON VANCE

For every potential investor in EATON, whether a beginner or expert, EATON VANCE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EATON Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EATON. Basic forecasting techniques help filter out the noise by identifying EATON VANCE's price trends.

EATON VANCE 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 EATON VANCE mutual fund to make a market-neutral strategy. Peer analysis of EATON VANCE could also be used in its relative valuation, which is a method of valuing EATON VANCE by comparing valuation metrics with similar companies.
ATT IncMitsubishi UFJ FinancialSPDR SP HomebuildersFT Cboe VestVANGUARD SMALL-CAP GROWTHAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark Holdings
 Risk & Return  Correlation

EATON VANCE HIGH Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EATON VANCE'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 EATON VANCE's current price.

EATON VANCE Risk Indicators

The analysis of EATON VANCE's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in EATON VANCE's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting EATON VANCE stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock 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 EATON VANCE 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, EATON VANCE's short interest history, or implied volatility extrapolated from EATON VANCE options trading.

Pair Trading with EATON VANCE

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 EATON VANCE 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 EATON VANCE will appreciate offsetting losses from the drop in the long position's value.

Moving together with EATON VANCE

+0.85BABoeing TrendingPairCorr
+0.86INTCIntel Downward RallyPairCorr
The ability to find closely correlated positions to EATON VANCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EATON VANCE 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 EATON VANCE - 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 EATON VANCE HIGH to buy it.
The correlation of EATON VANCE is a statistical measure of how it moves in relation to other equities. 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 EATON VANCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EATON VANCE HIGH 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 EATON VANCE 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.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of EATON VANCE to cross-verify your projections. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

When running EATON VANCE HIGH price analysis, check to measure EATON VANCE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EATON VANCE is operating at the current time. Most of EATON VANCE's value examination focuses on studying past and present price action to predict the probability of EATON VANCE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EATON VANCE's price. Additionally, you may evaluate how the addition of EATON VANCE to your portfolios can decrease your overall portfolio volatility.
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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 EATON VANCE value 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.