Eaton Enterprise Value Multiple from 2010 to 2024
| EVN Stock | USD 10.39 0.04 0.38% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 23.67 | Current Value 30.38 | Quarterly Volatility 182.81158519 |
Check Eaton Vance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton Vance's main balance sheet or income statement drivers, such as Interest Expense of 6.5 M, Selling General Administrative of 1.6 M or Total Revenue of 17.1 M, as well as many indicators such as Price To Sales Ratio of 10.46, Dividend Yield of 0.0707 or PTB Ratio of 0.6. Eaton financial statements analysis is a perfect complement when working with Eaton Vance Valuation or Volatility modules.
Eaton | Enterprise Value Multiple |
Latest Eaton Vance's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Eaton Vance Municipal over the last few years. It is Eaton Vance's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eaton Vance's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Eaton Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 43.03 | |
| Geometric Mean | 16.21 | |
| Coefficient Of Variation | 424.84 | |
| Mean Deviation | 87.32 | |
| Median | (5.58) | |
| Standard Deviation | 182.81 | |
| Sample Variance | 33,420 | |
| Range | 766 | |
| R-Value | (0.14) | |
| Mean Square Error | 35,284 | |
| R-Squared | 0.02 | |
| Significance | 0.62 | |
| Slope | (5.73) | |
| Total Sum of Squares | 467,881 |
Eaton Enterprise Value Multiple History
About Eaton Vance Financial Statements
Eaton Vance investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how Eaton Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 23.67 | 30.38 |
Pair Trading with Eaton Vance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.Moving against Eaton Stock
| 0.83 | LC | LendingClub Corp | PairCorr |
| 0.72 | MS | Morgan Stanley Sell-off Trend | PairCorr |
| 0.7 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.63 | DIST | Distoken Acquisition | PairCorr |
| 0.58 | AB | AllianceBernstein | PairCorr |
The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance Municipal to buy it.
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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Eaton Vance Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton Vance. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton Vance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.586 | Dividend Share 0.497 | Earnings Share 0.44 | Revenue Per Share 0.722 | Quarterly Revenue Growth (0.01) |
The market value of Eaton Vance Municipal is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton Vance's market value can be influenced by many factors that don't directly affect Eaton Vance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.