Eaton Vance Greater Fund Market Value
| EVCGX Fund | USD 14.42 0.46 3.09% |
| Symbol | Eaton |
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 mutual fund 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.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Eaton Vance on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Eaton Vance Greater or generate 0.0% return on investment in Eaton Vance over 360 days. Eaton Vance is related to or competes with Columbia Greater, Guinness Atkinson, Aberdeen China, and Eaton Vance. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of companies... 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 mutual fund 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 Greater upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0677 | |||
| Maximum Drawdown | 17.04 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 5.07 |
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 | 0.0906 | |||
| Jensen Alpha | 0.3538 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0772 | |||
| Treynor Ratio | (0.53) |
Eaton Vance Greater Backtested Returns
Eaton Vance appears to be not too volatile, given 3 months investment horizon. Eaton Vance Greater secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Eaton Vance Greater, which you can use to evaluate the volatility of the entity. Please utilize Eaton Vance's Mean Deviation of 1.76, coefficient of variation of 866.17, and Downside Deviation of 2.28 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of -0.55, which means possible diversification benefits within a given portfolio. 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.
Auto-correlation | 0.44 |
Average predictability
Eaton Vance Greater has average predictability. Overlapping area represents the amount of predictability between Eaton Vance time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 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 Greater price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Eaton Vance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
Eaton Vance Greater lagged returns against current returns
Autocorrelation, which is Eaton Vance mutual fund'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 mutual fund 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 mutual fund 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 |
| Timeline |
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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eaton Vance mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eaton Vance mutual fund 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 mutual fund 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 mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eaton Vance Greater.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |