Eaton Vance Correlations
| ECSEXDelisted Fund | USD 20.02 0.00 0.00% |
The current 90-days correlation between Eaton Vance Special and Calamos Global Equity is 0.07 (i.e., Significant diversification). The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Eaton Vance Correlation With Market
Significant diversification
The correlation between Eaton Vance Special and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eaton Vance Special and DJI in the same portfolio, assuming nothing else is changed.
Eaton |
Moving together with Eaton Mutual Fund
| 0.62 | PRJIX | T Rowe Price | PairCorr |
| 0.62 | PRNHX | T Rowe Price | PairCorr |
| 0.62 | TRUZX | T Rowe Price | PairCorr |
| 0.75 | SPMPX | Invesco Steelpath Mlp | PairCorr |
| 0.75 | MLPNX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.76 | MLPMX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.75 | SPMJX | Invesco Steelpath Mlp | PairCorr |
| 0.64 | TEGYX | Mid Cap Growth | PairCorr |
| 0.78 | FSRBX | Banking Portfolio Banking | PairCorr |
| 0.64 | GAB | Gabelli Equity Trust | PairCorr |
| 0.82 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.67 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Eaton Mutual Fund
| 0.75 | BTMPX | Ishares Msci Eafe | PairCorr |
| 0.75 | BTMKX | Blackrock International | PairCorr |
| 0.75 | MDIIX | Blackrock Intern Index | PairCorr |
| 0.77 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.66 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.58 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.53 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.44 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.37 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.37 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CGEOX | 0.65 | (0.06) | (0.08) | 0.05 | 0.88 | 1.45 | 4.11 | |||
| APDNX | 0.55 | 0.09 | (0.06) | (1.45) | 0.47 | 1.24 | 3.41 | |||
| RUSIX | 0.04 | 0.01 | 0.00 | (1.06) | 0.00 | 0.10 | 0.50 | |||
| DBLFX | 0.20 | (0.02) | 0.00 | 0.48 | 0.00 | 0.43 | 1.19 | |||
| MFIRX | 0.09 | 0.00 | (0.51) | 0.13 | 0.00 | 0.19 | 0.76 | |||
| QDIBX | 0.24 | (0.03) | 0.00 | 0.63 | 0.00 | 0.44 | 1.23 | |||
| GMADX | 0.55 | 0.01 | (0.14) | 1.83 | 0.72 | 1.18 | 3.39 |
Eaton Vance Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eaton Vance mutual fund to make a market-neutral strategy. Peer analysis of Eaton Vance could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Eaton Vance Special?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.