Eaton Vance Municipal Income Trust Short Interest Update
| EVN Stock | USD 10.39 0.04 0.38% |
About 62% of Eaton Vance's investor base is looking to short. The analysis of overall sentiment of trading Eaton Vance Municipal stock suggests that many investors are alarmed at this time. Eaton Vance's investing sentiment overview a quick insight into current market opportunities from investing in Eaton Vance Municipal. Many technical investors use Eaton Vance Municipal stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Eaton |
Eaton Vance Municipal Income Trust saw a large drop in short interest in October. As of October 15th, there was short interest totalling 84,700 shares, a drop of 9.1 percent from the September 30th total of 93,200 shares. Based on an average daily volume of 95,700 shares, the short-interest ratio is
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Eaton Vance Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Eaton Vance can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Eaton Vance Fundamental Analysis
We analyze Eaton Vance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eaton Vance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eaton Vance based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Price To Earning
Price To Earning Comparative Analysis
Eaton Vance is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Eaton Vance Municipal Potential Pair-trading
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 stock 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.
Peers
Eaton Vance Related Equities
| MUE | Blackrock Muniholdings | 0.57 | ||||
| MYD | Blackrock Muniyield | 0.27 | ||||
| MHD | Blackrock Muniholdings | 0.25 | ||||
| MQY | Blackrock Muniyield | 0.24 | ||||
| MUI | Blackrock Muni | 0.24 | ||||
| DTF | DTF Tax | 0.18 | ||||
| MVT | Blackrock Munivest | 0.18 | ||||
| IQI | Invesco Quality | 0.10 | ||||
| MQT | Blackrock Muniyield | 0.1 | ||||
| NDMO | Nuveen Dynamic | 0.1 | ||||
| OIA | Invesco Municipal | 0.31 | ||||
| MYI | Blackrock Muniyield | 0.35 | ||||
| KTF | DWS Municipal | 0.40 | ||||
| JHS | John Hancock | 0.61 | ||||
| CXH | MFS Investment | 0.74 | ||||
| MVF | Munivest Fund | 1.09 |
Check out Eaton Vance Hype Analysis, Eaton Vance Correlation and Eaton Vance Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.