Eaton Vance Correlations
EVBLX Fund | USD 8.67 0.01 0.12% |
The current 90-days correlation between Eaton Vance Floating and Qs Moderate Growth is 0.01 (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 Floating Rate and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eaton Vance Floating Rate and DJI in the same portfolio, assuming nothing else is changed.
Eaton |
Moving together with Eaton Mutual Fund
0.77 | ERASX | Eaton Vance Atlanta | PairCorr |
0.95 | ERAMX | Eaton Vance Multi | PairCorr |
0.63 | ERBIX | Eaton Vance Richard | PairCorr |
0.61 | ERBCX | Eaton Vance Richard | PairCorr |
0.63 | ERBAX | Eaton Vance Richard | PairCorr |
0.77 | ERHIX | Eaton Vance High | PairCorr |
0.71 | ERIFX | Eaton Vance Balanced | PairCorr |
0.61 | ERIBX | Eaton Vance Income | PairCorr |
0.81 | ERLVX | Eaton Vance Large | PairCorr |
0.8 | ERSTX | Eaton Vance Large | PairCorr |
0.77 | ERSMX | Eaton Vance Atlanta | PairCorr |
0.75 | ERSGX | Eaton Vance Small | PairCorr |
1.0 | EABLX | Eaton Vance Floating | PairCorr |
0.77 | EAASX | Eaton Vance Atlanta | PairCorr |
0.81 | EACPX | Eaton Vance Tax | PairCorr |
0.9 | EADOX | Eaton Vance Emerging | PairCorr |
0.79 | EAERX | Eaton Vance Stock | PairCorr |
0.78 | EAEAX | Eaton Vance Tax | PairCorr |
0.83 | EAFVX | Eaton Vance Val | PairCorr |
0.99 | EAFHX | Eaton Vance Floating | PairCorr |
0.77 | EAFGX | Eaton Vance Focused | PairCorr |
1.0 | EAFAX | Eaton Vance Floating | PairCorr |
0.84 | EAGMX | Eaton Vance Global | PairCorr |
Moving against Eaton Mutual Fund
0.9 | ERHSX | Eaton Vance Worldwide | PairCorr |
0.82 | ERISX | Parametric Intl Equity | PairCorr |
0.7 | EACOX | Eaton Vance Global | PairCorr |
0.55 | EABSX | Eaton Vance Tabs | PairCorr |
0.85 | EAIIX | Eaton Vance Diversified | PairCorr |
0.82 | EAISX | Parametric International | PairCorr |
0.82 | ESISX | Parametric Intl Equity | PairCorr |
0.73 | EBABX | Eaton Vance E | PairCorr |
0.67 | EALDX | Eaton Vance Short | PairCorr |
0.67 | EASDX | Eaton Vance Short | PairCorr |
0.63 | ESIIX | Eaton Vance Short | PairCorr |
0.41 | EALTX | Ev Tab Lad | PairCorr |
0.33 | EALBX | Eaton Vance Tabs | PairCorr |
Related Correlations Analysis
0.95 | 0.94 | 0.01 | 0.61 | 0.71 | 0.87 | SCGCX | ||
0.95 | 0.98 | 0.17 | 0.69 | 0.78 | 0.9 | JTSQX | ||
0.94 | 0.98 | 0.3 | 0.76 | 0.88 | 0.89 | FMTIX | ||
0.01 | 0.17 | 0.3 | 0.57 | 0.63 | 0.17 | EXBAX | ||
0.61 | 0.69 | 0.76 | 0.57 | 0.85 | 0.81 | BIMPX | ||
0.71 | 0.78 | 0.88 | 0.63 | 0.85 | 0.71 | FRTCX | ||
0.87 | 0.9 | 0.89 | 0.17 | 0.81 | 0.71 | URFRX | ||
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SCGCX | 0.42 | (0.02) | (0.11) | 0.09 | 0.48 | 0.87 | 2.67 | |||
JTSQX | 0.50 | (0.04) | (0.12) | 0.06 | 0.63 | 1.12 | 3.11 | |||
FMTIX | 0.35 | (0.03) | (0.18) | 0.06 | 0.42 | 0.75 | 2.01 | |||
EXBAX | 0.25 | (0.03) | (0.35) | (0.01) | 0.31 | 0.47 | 1.49 | |||
BIMPX | 0.25 | 0.00 | (0.31) | 0.11 | 0.25 | 0.68 | 1.58 | |||
FRTCX | 0.22 | (0.01) | (0.33) | 0.06 | 0.22 | 0.39 | 1.14 | |||
URFRX | 0.43 | 0.02 | (0.16) | 1.18 | 0.51 | 0.95 | 2.44 |