Eaton Vance Competition

Mutual Funds . USA . 
Fund . Eaton Vance Tax Managed
EXTGX Fund  USD 53.87  0.26  0.48%   
Eaton Vance Tax competes with Vanguard Small, Vanguard Mid, ABIVAX Socit, SCOR PK, and HUMANA; as well as few others. The fund is listed under Large Blend category and is part of Eaton Vance family. Analyzing Eaton Vance competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Eaton Vance to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Eaton Vance Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Eaton Vance competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
53.1053.8754.64
Details
Intrinsic
Valuation
LowRealHigh
52.5853.3554.12
Details
Naive
Forecast
LowNextHigh
52.5953.3754.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.5453.2554.96
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 Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Eaton Vance and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Eaton and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Eaton Vance Tax does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SCRYX
+ 0.97
VSCIX
VMCIX
+ 0.94
VSCIX
SCRYX
+ 0.88
VMCIX
MSTSX
+ 0.75
VMCIX
LBHIX
+ 0.72
MSTSX
LBHIX
+ 0.7
VMCIX
  
High negative correlations   
AQUI
- 1.0
AAVXF
444859BR2
- 0.79
VMCIX
444859BR2
- 0.71
VSCIX
ID
- 0.65
444859BR2
SCRYX
- 0.63
444859BR2
MSTSX
- 0.62
444859BR2

Risk-Adjusted Indicators

There is a big difference between Eaton Mutual Fund performing well and Eaton Vance Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eaton Vance's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VSCIX  0.76  0.12  0.05  4.63  0.77 
(0.85)
 1.76 
(1.24)
 5.35 
VMCIX  0.56  0.06  0.08  0.16  0.42 
(0.67)
 1.30 
(0.94)
 3.54 
AAVXF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
SCRYY  2.12  0.43  0.13 (1.15) 2.05 
(2.81)
 5.61 
(4.09)
 12.99 
444859BR2  1.32  0.04  0.00  0.04  0.00 
 0.00 
 5.93 
(4.60)
 16.62 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
SCRYX  0.97  0.09  0.01  0.99  0.96 
(1.10)
 2.39 
(1.69)
 7.88 
MSTSX  0.49 (0.03)(0.09) 0.05  0.52 
(0.59)
 1.21 
(1.02)
 2.80 
LBHIX  0.11  0.00 (0.27) 0.00  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
ID  3.81  0.25  0.03  1.85  4.78 
(4.93)
 7.69 
(7.69)
 23.97 
All Fundamental Data

Eaton Vance Competitive Analysis

The better you understand Eaton Vance competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Eaton Vance's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Eaton Vance's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
EXTGX VSCIX VMCIX AAVXF SCRYY 444859BR2 AQUI SCRYX MSTSX LBHIX
 0.48 
 53.87 
Eaton
 0.50 
 119.06 
Vanguard
 1.33 
 76.37 
Vanguard
 0.00 
 11.05 
ABIVAX
 1.18 
 2.57 
SCOR
 0.29 
 80.35 
HUMANA
 0.00 
 0.01 
Aquagold
 0.14 
 14.38 
Small
 0.09 
 11.68 
Morningstar
 0.24 
 4.25 
Thrivent
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Risky
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
OK
Good
Very Weak
OK
Very Weak
Very Weak
Insignificant
Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Above Average
Below Average
Below Average
Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Buy
Strong Buy
Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Strong Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
2.03
9.99
N/A
N/A
N/A
N/A
N/A
Net Asset
1.15 B
95.35 B
102.76 B
110.36 M
51.52 B
N/A
3.19 K
973.72 M
116.1 M
674.44 M
Profit Margin
N/A
N/A
N/A
N/A
-0.0209
N/A
N/A
N/A
N/A
N/A
EBITDA
N/A
N/A
N/A
(42.25 M)
1.23 B
N/A
(727.69 K)
N/A
N/A
N/A
Price To Book
3.0
2.08
2.46
27.57
0.67
N/A
N/A
N/A
N/A
1.58
Operating Margin
N/A
N/A
N/A
4.66
-0.0092
N/A
N/A
N/A
N/A
N/A
Current Valuation
N/A
N/A
N/A
165.28 M
4.75 B
N/A
912.76 K
N/A
N/A
N/A
Five Year Return
15.21
10.52
11.21
N/A
4.83
N/A
N/A
9.71
8.13
3.31
Retained Earnings
N/A
N/A
N/A
N/A
(645.5 M)
N/A
(4.18 M)
N/A
N/A
N/A
One Year Return
32.02
30.11
29.62
N/A
N/A
N/A
N/A
26.78
18.78
11.68
Beta
N/A
N/A
N/A
1.26
1.25
N/A
7.05
N/A
N/A
N/A
Cash Position Weight
0.36
2.36
1.12
N/A
N/A
N/A
N/A
1.28
14.28
6.56
Equity Positions Weight
99.64
97.64
98.88
N/A
N/A
N/A
N/A
98.72
61.63
0.07
Number Of Employees
1
1
1
24
3.59 K
N/A
7
1
1
1
Shares Outstanding
N/A
N/A
N/A
22.3 M
1.78 B
N/A
965.83 K
N/A
N/A
N/A
Three Year Return
8.76
2.86
3.27
N/A
N/A
N/A
N/A
2.42
5.8
2.59
Cash Flow From Operations
N/A
N/A
N/A
(45.66 M)
2.41 B
N/A
(218.19 K)
N/A
N/A
N/A
Annual Yield
0.0036
0.0141
0.0154
N/A
0.0789
N/A
N/A
0.0063
0.021
0.0617
Total Debt
N/A
N/A
N/A
53.45 M
3.05 B
N/A
N/A
N/A
N/A
N/A
Return On Equity
N/A
N/A
N/A
-12.86
-0.0574
N/A
N/A
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
22.72
92.23
Z Score
N/A
N/A
N/A
1.8
0.6
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
Return On Asset
N/A
N/A
N/A
-0.44
-0.002
N/A
-5.5
N/A
N/A
N/A
Book Value Per Share
N/A
N/A
N/A
0.36
3.04
N/A
-1.18
N/A
N/A
N/A
Minimum Initial Investment
1 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2 K
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
794 K
N/A
N/A
N/A
Total Asset
797.88 M
119.9 B
145.28 B
110.36 M
51.52 B
N/A
3.19 K
686.96 M
215.11 M
347.66 M
Last Dividend Paid
N/A
0.05
0.05
N/A
N/A
N/A
N/A
0.06
N/A
0.02
Debt To Equity
N/A
N/A
N/A
8.03
0.43
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
57.27
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
N/A
N/A
N/A
165.36 M
4.35 B
N/A
96.58 K
N/A
50.36 M
N/A
Price To Earning
18.98
4.84
2.41
-7.88
12.21
N/A
-0.22
N/A
N/A
35.48
Price To Earnings To Growth
N/A
N/A
N/A
N/A
0.28
N/A
N/A
N/A
N/A
N/A
Price To Sales
2.1
1.29
1.61
20.65
0.2
N/A
N/A
N/A
N/A
1.23
Net Income
N/A
N/A
N/A
(41.36 M)
456 M
N/A
(627.79 K)
N/A
N/A
N/A
Earnings Per Share
N/A
N/A
N/A
-2.59
0.25
N/A
-0.63
N/A
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
4.67
N/A
N/A
N/A
N/A
N/A
N/A
Year To Date Return
25.38
16.66
18.43
N/A
N/A
N/A
N/A
12.62
11.76
6.69
Revenue
N/A
N/A
N/A
37 K
16.03 B
N/A
N/A
N/A
N/A
N/A
Ten Year Return
12.03
10.46
11.56
N/A
N/A
N/A
N/A
N/A
N/A
6.0
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
26.57 M
3.52 B
N/A
1.15 K
N/A
N/A
N/A
Cash Per Share
N/A
N/A
N/A
1.58
1.97
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
(45.52 M)
(853 M)
N/A
(143.88 K)
N/A
N/A
N/A
Day Typical Price
53.87
119.06
76.37
11.05
2.55
80.35
0.006
14.38
11.68
4.25
Accumulation Distribution
N/A
N/A
N/A
N/A
0.0272
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
0.07
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
9.2 T
0.0
0.4286
(9,223,372,036,855)
0.0
9.2 T
(9,223,372,036,855)
9.2 T
Period Momentum Indicator
0.26
(0.60)
1.0
N/A
0.03
(0.23)
N/A
0.02
(0.01)
0.01
Rate Of Daily Change
1.0
0.99
1.01
1.0
1.01
1.0
1.0
1.0
1.0
1.0
Day Median Price
53.87
119.06
76.37
11.05
2.54
80.35
0.006
14.38
11.68
4.25
Price Action Indicator
0.13
(0.30)
0.5
N/A
0.05
(0.12)
N/A
0.01
(0.01)
0.005
Coefficient Of Variation
987.34
762.58
500.21
N/A
710.08
(8,332)
N/A
1304.74
1576.86
582.72
Mean Deviation
0.5424
0.7612
0.5626
N/A
2.12
1.32
N/A
0.9681
0.4856
0.11
Jensen Alpha
(0)
0.124
0.0601
N/A
0.4252
0.0446
N/A
0.0866
(0.03)
N/A
Total Risk Alpha
(0.02)
0.0085
0.0523
N/A
0.0691
(0.33)
N/A
(0.06)
(0.04)
(0.0002)
Sortino Ratio
(0.02)
0.0456
0.0772
N/A
0.1271
N/A
N/A
0.0085
(0.09)
(0.27)
Downside Variance
0.7308
0.8069
0.3946
N/A
5.97
N/A
N/A
1.23
0.3987
0.0625
Standard Deviation
0.7731
1.04
0.7199
N/A
2.88
2.57
N/A
1.37
0.6318
0.169
Kurtosis
1.71
2.84
1.23
N/A
1.46
5.82
N/A
4.76
0.1097
3.68
Potential Upside
1.1
1.76
1.3
N/A
5.61
5.93
N/A
2.39
1.21
0.2398
Treynor Ratio
0.0801
4.63
0.155
N/A
(1.15)
0.0408
N/A
0.9857
0.0462
N/A
Maximum Drawdown
3.97
5.35
3.54
N/A
12.99
16.62
N/A
7.88
2.8
0.9552
Variance
0.5976
1.08
0.5183
N/A
8.3
6.61
N/A
1.87
0.3991
0.0286
Market Risk Adjusted Performance
0.0901
4.64
0.165
N/A
(1.14)
0.0508
N/A
0.9957
0.0562
N/A
Risk Adjusted Performance
0.0766
0.1015
0.1501
N/A
0.1135
(0)
N/A
0.0622
0.0459
0.0947
Skewness
(0.24)
0.7873
0.4262
N/A
0.7326
1.04
N/A
1.36
0.1403
1.16
Semi Deviation
0.7268
0.7689
0.4188
N/A
2.05
N/A
N/A
0.9601
0.5186
0.0
Information Ratio
(0.02)
0.0394
0.0674
N/A
0.1077
(0.05)
N/A
0.0069
(0.09)
(0.39)
Value At Risk
(1.52)
(1.24)
(0.94)
N/A
(4.09)
(4.60)
N/A
(1.69)
(1.02)
(0.24)
Expected Short fall
(0.56)
(0.85)
(0.67)
N/A
(2.81)
N/A
N/A
(1.10)
(0.59)
(0.29)
Downside Deviation
0.8549
0.8983
0.6282
N/A
2.44
N/A
N/A
1.11
0.6314
0.25
Semi Variance
0.5282
0.5911
0.1754
N/A
4.22
N/A
N/A
0.9218
0.2689
(0.02)

Eaton Vance Competition Performance Charts

Five steps to successful analysis of Eaton Vance Competition

Eaton Vance's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Eaton Vance Tax in relation to its competition. Eaton Vance's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Eaton Vance in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Eaton Vance's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Eaton Vance Tax, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Eaton Vance position

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.

Did You Try This Idea?

Run Plastics Thematic Idea Now

Plastics
Plastics Theme
Companies manufacturing rubber and plastics accessories. The Plastics theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.
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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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