Eaton Vance Tax Managed Fund Price Prediction

EXTGX Fund  USD 54.85  0.21  0.38%   
The relative strength index (RSI) of Eaton Vance's mutual fund price is slightly above 68 suggesting that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Eaton, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
The successful prediction of Eaton Vance's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Eaton Vance Tax Managed, which may create opportunities for some arbitrage if properly timed.
Using Eaton Vance hype-based prediction, you can estimate the value of Eaton Vance Tax Managed from the perspective of Eaton Vance response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Eaton Vance to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Eaton because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Eaton Vance after-hype prediction price

    
  USD 54.85  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Eaton Vance Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
49.3755.5756.23
Details
Naive
Forecast
LowNextHigh
53.9654.6355.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
54.6955.0655.44
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 After-Hype Price Prediction Density Analysis

As far as predicting the price of Eaton Vance at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eaton Vance or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Eaton Vance, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Eaton Vance Estimiated After-Hype Price Volatility

In the context of predicting Eaton Vance's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eaton Vance's historical news coverage. Eaton Vance's after-hype downside and upside margins for the prediction period are 54.19 and 55.51, respectively. We have considered Eaton Vance's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
54.85
54.85
After-hype Price
55.51
Upside
Eaton Vance is very steady at this time. Analysis and calculation of next after-hype price of Eaton Vance Tax is based on 3 months time horizon.

Eaton Vance Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Eaton Vance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eaton Vance backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eaton Vance, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
0.66
 0.00  
 0.00  
8 Events / Month
2 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
54.85
54.85
0.00 
2,200  
Notes

Eaton Vance Hype Timeline

Eaton Vance Tax is currently traded for 54.85. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eaton is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.11%. %. The volatility of related hype on Eaton Vance is about 2444.44%, with the expected price after the next announcement by competition of 54.85. The company last dividend was issued on the 19th of December 2019. Assuming the 90 days horizon the next forecasted press release will be in about 8 days.
Check out Eaton Vance Basic Forecasting Models to cross-verify your projections.

Eaton Vance Related Hype Analysis

Having access to credible news sources related to Eaton Vance's direct competition is more important than ever and may enhance your ability to predict Eaton Vance's future price movements. Getting to know how Eaton Vance's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eaton Vance may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
EMAIXEaton Vance Msschsts 0.03 9 per month 0.14 (0.68) 0.20 (0.30) 0.91 
EMOCXEaton Vance Municipal 0.03 7 per month 0.00 (0.39) 0.35 (0.43) 1.59 
EMOAXEaton Vance Municipal 0.03 6 per month 0.00 (0.40) 0.35 (0.43) 1.58 
EMOIXEaton Vance Municipal 0.03 6 per month 0.00 (0.39) 0.35 (0.43) 1.58 
EIMEaton Vance Mbf 0.03 1 per month 0.55 (0.16) 1.03 (1.02) 2.47 
ENYIXEaton Vance New 0.03 1 per month 0.00 (0.39) 0.32 (0.52) 1.47 
ERASXEaton Vance Atlanta 0.03 4 per month 0.81 (0.07) 1.42 (1.12) 6.15 
ERBIXEaton Vance Richard 0.03 8 per month 0.45 (0.04) 0.95 (0.88) 3.45 
ERBCXEaton Vance Richard 0.03 2 per month 0.43 (0.04) 0.92 (0.91) 3.39 
ERBAXEaton Vance Richard 0.00 0 per month 0.44 (0.04) 0.95 (0.88) 3.40 

Eaton Vance Additional Predictive Modules

Most predictive techniques to examine Eaton price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eaton using various technical indicators. When you analyze Eaton charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Eaton Vance Predictive Indicators

The successful prediction of Eaton Vance stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Eaton Vance Tax Managed, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Eaton Vance based on analysis of Eaton Vance hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eaton Vance's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eaton Vance's related companies.

Story Coverage note for Eaton Vance

The number of cover stories for Eaton Vance depends on current market conditions and Eaton Vance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eaton Vance is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eaton Vance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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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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