| ETX Stock | | | USD 18.13 0.02 0.11% |
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance Municipal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance Municipal is a good investment. Please check the relationship between Eaton Vance Long Term Investments and its Capital Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Long Term Investments vs Capital Stock
Long Term Investments vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Vance Municipal Long Term Investments account and
Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Eaton Vance's Long Term Investments and Capital Stock is -0.95. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Eaton Vance Municipal, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Long Term Investments and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Eaton Vance Municipal are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Investments i.e., Eaton Vance's Long Term Investments and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Eaton Vance balance sheet that represents investments Eaton Vance Municipal intends to hold for over a year. Eaton Vance Municipal long term investments may include different instruments such as stocks, bonds, real estate and cash.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance Municipal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Eaton Vance's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 17.80 in 2024, whereas
Selling General Administrative is likely to drop slightly above 219.2
K in 2024.
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
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Additional Tools for Eaton Stock Analysis
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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.