Eaton Vance Financials
| ENX Stock | USD 9.66 0.05 0.52% |
Eaton |
Understanding current and past Eaton Vance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eaton Vance's financial statements are interrelated, with each one affecting the others. For example, an increase in Eaton Vance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Eaton Vance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eaton Vance New. Check Eaton Vance's Beneish M Score to see the likelihood of Eaton Vance's management manipulating its earnings.
Eaton Vance Stock Summary
Eaton Vance competes with Nuveen Amt-free, Nuveen Municipalome, Pimco New, Blackrock Muniholdings, and Pimco New. Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. Eaton Vance New York Municipal Bond Fund was formed in 2002 and is domiciled in United States. Eaton Vance is traded on NYSEMKT Exchange in the United States.Specialization | Financial Services, Financial Services |
| Instrument | USA Stock View All |
| Exchange | NYSE MKT Exchange |
| ISIN | US27827Y1091 |
| CUSIP | 27827Y109 |
| Location | Massachusetts; U.S.A |
| Business Address | One Post Office |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | funds.eatonvance.com/new-york-municipal-bo |
| Phone | 617 482 8260 |
| Currency | USD - US Dollar |
Eaton Vance Key Financial Ratios
| Return On Equity | 0.029 | ||||
| Return On Asset | 0.0215 | ||||
| Target Price | 68.24 | ||||
| Number Of Employees | 17 | ||||
| Beta | 0.58 |
Eaton Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eaton Vance's current stock value. Our valuation model uses many indicators to compare Eaton Vance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eaton Vance competition to find correlations between indicators driving Eaton Vance's intrinsic value. More Info.Eaton Vance New is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about 0.74 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eaton Vance New is roughly 1.35 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eaton Vance's earnings, one of the primary drivers of an investment's value.Eaton Vance New Systematic Risk
Eaton Vance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eaton Vance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Eaton Vance New correlated with the market. If Beta is less than 0 Eaton Vance generally moves in the opposite direction as compared to the market. If Eaton Vance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eaton Vance New is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eaton Vance is generally in the same direction as the market. If Beta > 1 Eaton Vance moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Eaton Vance is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Eaton has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Eaton Vance's financials are consistent with your investment objective using the following steps:- Review Eaton Vance's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Eaton Vance's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Eaton Vance's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Eaton Vance's stock is overvalued or undervalued.
Eaton Vance January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eaton Vance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eaton Vance New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eaton Vance New based on widely used predictive technical indicators. In general, we focus on analyzing Eaton Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eaton Vance's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8344 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.04 |
Additional Tools for Eaton Stock Analysis
When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.