Eaton Vance California Stock Alpha and Beta Analysis
| EVM Stock | USD 9.37 0.03 0.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eaton Vance California. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eaton Vance over a specified time horizon. Remember, high Eaton Vance's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Eaton Vance's market risk premium analysis include:
Beta 0.0925 | Alpha (0) | Risk 0.55 | Sharpe Ratio 0.0254 | Expected Return 0.014 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Eaton |
Eaton Vance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eaton Vance market risk premium is the additional return an investor will receive from holding Eaton Vance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eaton Vance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eaton Vance's performance over market.| α | -0.0049 | β | 0.09 |
Eaton Vance expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eaton Vance's Buy-and-hold return. Our buy-and-hold chart shows how Eaton Vance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eaton Vance Market Price Analysis
Market price analysis indicators help investors to evaluate how Eaton Vance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eaton Vance shares will generate the highest return on investment. By understating and applying Eaton Vance stock market price indicators, traders can identify Eaton Vance position entry and exit signals to maximize returns.
Eaton Vance Return and Market Media
The median price of Eaton Vance for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 9.35 with a coefficient of variation of 1.09. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 9.32, and mean deviation of 0.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Saba Capital Management, L.p. of 9869 shares of Eaton Vance at 9.37 subject to Rule 16b-3 | 12/17/2024 |
2 | Acquisition by Saba Capital Management, L.p. of 18104 shares of Eaton Vance at 9.34 subject to Rule 16b-3 | 12/18/2024 |
3 | Acquisition by Saba Capital Management, L.p. of 29369 shares of Eaton Vance at 9.25 subject to Rule 16b-3 | 12/19/2024 |
4 | Acquisition by Saba Capital Management, L.p. of 43675 shares of Eaton Vance at 9.2 subject to Rule 16b-3 | 12/20/2024 |
5 | Acquisition by Saba Capital Management, L.p. of 31801 shares of Eaton Vance at 9.15 subject to Rule 16b-3 | 12/23/2024 |
6 | Acquisition by Saba Capital Management, L.p. of 1700 shares of Eaton Vance at 9.15 subject to Rule 16b-3 | 12/24/2024 |
7 | Acquisition by Saba Capital Management, L.p. of 22868 shares of Eaton Vance at 9.18 subject to Rule 16b-3 | 12/27/2024 |
8 | Acquisition by Saba Capital Management, L.p. of 8013 shares of Eaton Vance at 9.24 subject to Rule 16b-3 | 12/30/2024 |
9 | Acquisition by Saba Capital Management, L.p. of 15 shares of Eaton Vance at 9.28 subject to Rule 16b-3 | 01/02/2025 |
10 | Acquisition by Saba Capital Management, L.p. of 3600 shares of Eaton Vance at 9.29 subject to Rule 16b-3 | 01/03/2025 |
11 | Witness shares scene as he evacuated from Eaton Fire - NBC News | 01/07/2025 |
12 | Edison utilitys equipment blamed for helping start LA wildfires in property owners suit - New York Post | 01/13/2025 |
13 | How the Wildfires Could Reshape California Mortgage Lending - Barrons | 01/17/2025 |
14 | Eaton Vance California Municipal Bond Fund Plans Monthly Dividend of 0.04 | 02/04/2025 |
15 | Acquisition by Saba Capital Management, L.p. of 102119 shares of Eaton Vance at 9. subject to Rule 16b-3 | 02/25/2025 |
16 | Eaton Vance California Municipal Bond Fund declares 0.0417 dividend | 03/03/2025 |
17 | Acquisition by Saba Capital Management, L.p. of 75438 shares of Eaton Vance at 9.35 subject to Rule 16b-3 | 03/12/2025 |
About Eaton Vance Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Eaton or other stocks. Alpha measures the amount that position in Eaton Vance California has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | PTB Ratio | 0.86 | 0.37 | 0.42 | 0.4 | Dividend Yield | 0.0441 | 0.0453 | 0.0521 | 0.0738 |
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.
Build Portfolio with Eaton Vance
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Eaton Vance Backtesting, Eaton Vance Valuation, Eaton Vance Correlation, Eaton Vance Hype Analysis, Eaton Vance Volatility, Eaton Vance History and analyze Eaton Vance Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Eaton Vance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.