Parametric Modity Strategy Fund Beta
| EAPCX Fund | USD 6.48 0.01 0.15% |
Parametric Modity Strategy fundamentals help investors to digest information that contributes to Parametric Commodity's financial success or failures. It also enables traders to predict the movement of Parametric Mutual Fund. The fundamental analysis module provides a way to measure Parametric Commodity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parametric Commodity mutual fund.
Parametric |
Parametric Modity Strategy Mutual Fund Beta Analysis
Parametric Commodity's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Parametric Modity Strategy has a Beta of 0.0. This indicator is about the same for the Eaton Vance average (which is currently at 0.0) family and about the same as Commodities Broad Basket (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Parametric Fundamentals
| Total Asset | 120.78 M | |||
| Annual Yield | 0.0001 % | |||
| Year To Date Return | 7.85 % | |||
| One Year Return | 4.91 % | |||
| Three Year Return | 5.81 % | |||
| Five Year Return | 11.48 % | |||
| Net Asset | 1.41 B | |||
| Last Dividend Paid | 0.16 | |||
| Cash Position Weight | (82.08) % |
About Parametric Commodity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parametric Modity Strategy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parametric Commodity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parametric Modity Strategy based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Parametric Mutual Fund
Parametric Commodity financial ratios help investors to determine whether Parametric 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 Parametric with respect to the benefits of owning Parametric Commodity security.
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