Eaton Vance National Stock Market Value
| EOT Stock | USD 17.30 0.00 0.00% |
| Symbol | Eaton |
Eaton Vance National Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton Vance. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton Vance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.93 | Return On Equity (4.49) |
The market value of Eaton Vance National is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 if Eaton Vance is a good investment 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.
Eaton Vance 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eaton Vance's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eaton Vance.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Eaton Vance on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Eaton Vance National or generate 0.0% return on investment in Eaton Vance over 30 days. Eaton Vance is related to or competes with Invesco High, Blackrock Muniholdings, Nuveen California, MFS Investment, and Federated Premier. Eaton Vance National Municipal Opportunities Trust is a close-ended fixed income mutual fund launched and managed by Eat... More
Eaton Vance Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eaton Vance's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eaton Vance National upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4811 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 2.08 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8576 |
Eaton Vance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eaton Vance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eaton Vance's standard deviation. In reality, there are many statistical measures that can use Eaton Vance historical prices to predict the future Eaton Vance's volatility.| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | 0.0112 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.44) |
Eaton Vance National Backtested Returns
Currently, Eaton Vance National is very steady. Eaton Vance National secures Sharpe Ratio (or Efficiency) of 0.0121, which denotes the company had a 0.0121% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eaton Vance National, which you can use to evaluate the volatility of the firm. Please confirm Eaton Vance's Mean Deviation of 0.3611, downside deviation of 0.4811, and Coefficient Of Variation of 2515.74 to check if the risk estimate we provide is consistent with the expected return of 0.0056%. The firm shows a Beta (market volatility) of -0.0202, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eaton Vance are expected to decrease at a much lower rate. During the bear market, Eaton Vance is likely to outperform the market. Eaton Vance National right now shows a risk of 0.47%. Please confirm Eaton Vance National value at risk, as well as the relationship between the skewness and day typical price , to decide if Eaton Vance National will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Eaton Vance National has very weak reverse predictability. Overlapping area represents the amount of predictability between Eaton Vance time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eaton Vance National price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Eaton Vance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Eaton Vance National lagged returns against current returns
Autocorrelation, which is Eaton Vance stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eaton Vance's stock expected returns. We can calculate the autocorrelation of Eaton Vance returns to help us make a trade decision. For example, suppose you find that Eaton Vance has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Eaton Vance regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eaton Vance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eaton Vance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eaton Vance stock over time.
Current vs Lagged Prices |
| Timeline |
Eaton Vance Lagged Returns
When evaluating Eaton Vance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eaton Vance stock have on its future price. Eaton Vance autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eaton Vance autocorrelation shows the relationship between Eaton Vance stock current value and its past values and can show if there is a momentum factor associated with investing in Eaton Vance National.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Eaton Stock Analysis
When running Eaton Vance's 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 the 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.