Eaton Vance Atlanta Fund Buy Hold or Sell Recommendation

EAALX Fund  USD 21.23  0.18  0.86%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Eaton Vance Atlanta is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Eaton Vance Atlanta given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Eaton Vance Atlanta, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Eaton Vance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Eaton and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Eaton Vance Atlanta. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Eaton Vance Buy or Sell Advice

The Eaton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eaton Vance Atlanta. Macroaxis does not own or have any residual interests in Eaton Vance Atlanta or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eaton Vance's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Eaton VanceBuy Eaton Vance
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Eaton Vance Atlanta has a Risk Adjusted Performance of (0.07), Jensen Alpha of (0.10), Total Risk Alpha of (0.11) and Treynor Ratio of (0.12)
Our investment recommendation module complements current analysts and expert consensus on Eaton Vance. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at the time. Use Eaton Vance Atlanta three year return and cash position weight to ensure your buy or sell decision on Eaton Vance Atlanta is adequate.

Eaton Vance Trading Alerts and Improvement Suggestions

Eaton Vance Atlanta generated a negative expected return over the last 90 days
The fund retains 97.19% of its assets under management (AUM) in equities

Eaton Vance Returns Distribution Density

The distribution of Eaton Vance's historical returns is an attempt to chart the uncertainty of Eaton Vance's future price movements. The chart of the probability distribution of Eaton Vance daily returns describes the distribution of returns around its average expected value. We use Eaton Vance Atlanta price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eaton Vance returns is essential to provide solid investment advice for Eaton Vance.
Mean Return
-0.07
Value At Risk
-1.36
Potential Upside
0.91
Standard Deviation
0.79
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eaton Vance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Eaton Vance Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eaton Vance or Eaton Vance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eaton Vance's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eaton fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.1
β
Beta against Dow Jones0.67
σ
Overall volatility
0.79
Ir
Information ratio -0.14

Eaton Vance Volatility Alert

Eaton Vance Atlanta exhibits very low volatility with skewness of -1.63 and kurtosis of 4.71. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eaton Vance's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eaton Vance's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Eaton Vance Fundamentals Vs Peers

Comparing Eaton Vance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eaton Vance's direct or indirect competition across all of the common fundamentals between Eaton Vance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eaton Vance or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Eaton Vance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eaton Vance to competition
FundamentalsEaton VancePeer Average
Price To Earning21.72 X6.53 X
Price To Book3.91 X0.74 X
Price To Sales2.31 X0.61 X
Year To Date Return11.23 %0.39 %
One Year Return13.31 %4.15 %
Three Year Return4.93 %3.60 %
Five Year Return12.84 %3.24 %
Ten Year Return14.65 %1.79 %
Net Asset1.04 B4.11 B
Minimum Initial Investment1 K976.16 K
Cash Position Weight2.81 %10.61 %
Equity Positions Weight97.19 %63.90 %

Eaton Vance Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eaton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Eaton Vance Buy or Sell Advice

When is the right time to buy or sell Eaton Vance Atlanta? Buying financial instruments such as Eaton Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Eaton Vance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Eaton Mutual Fund

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