Eaton Vance Small Cap Fund Market Value

ECSMX Fund  USD 11.35  0.11  0.98%   
Eaton Vance's market value is the price at which a share of Eaton Vance trades on a public exchange. It measures the collective expectations of Eaton Vance Small Cap investors about its performance. Eaton Vance is trading at 11.35 as of the 3rd of March 2025; that is 0.98 percent increase since the beginning of the trading day. The fund's open price was 11.24.
With this module, you can estimate the performance of a buy and hold strategy of Eaton Vance Small Cap and determine expected loss or profit from investing in Eaton Vance over a given investment horizon. Check out Eaton Vance Correlation, Eaton Vance Volatility and Eaton Vance Alpha and Beta module to complement your research on Eaton Vance.
Symbol

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.

Eaton Vance 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Eaton Vance's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Eaton Vance.
0.00
01/02/2025
No Change 0.00  0.0 
In 2 months and 1 day
03/03/2025
0.00
If you would invest  0.00  in Eaton Vance on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Eaton Vance Small Cap or generate 0.0% return on investment in Eaton Vance over 60 days. Eaton Vance is related to or competes with Precious Metals, Sprott Gold, Oppenheimer Gold, Wells Fargo, Europac Gold, and International Investors. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of small-cap... More

Eaton Vance Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Eaton Vance's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Eaton Vance Small Cap upside and downside potential and time the market with a certain degree of confidence.

Eaton Vance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eaton Vance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eaton Vance's standard deviation. In reality, there are many statistical measures that can use Eaton Vance historical prices to predict the future Eaton Vance's volatility.
Hype
Prediction
LowEstimatedHigh
10.3811.3512.32
Details
Intrinsic
Valuation
LowRealHigh
10.5011.4712.44
Details
Naive
Forecast
LowNextHigh
10.4611.4412.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.2711.5711.87
Details

Eaton Vance Small Backtested Returns

Eaton Vance Small secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the fund had a -0.16 % return per unit of risk over the last 3 months. Eaton Vance Small Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eaton Vance's Variance of 0.9466, mean deviation of 0.7149, and Standard Deviation of 0.9729 to check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, Eaton Vance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eaton Vance is expected to be smaller as well.

Auto-correlation

    
  -0.58  

Good reverse predictability

Eaton Vance Small Cap has good reverse predictability. Overlapping area represents the amount of predictability between Eaton Vance time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eaton Vance Small price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Eaton Vance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.58
Spearman Rank Test-0.68
Residual Average0.0
Price Variance0.02

Eaton Vance Small lagged returns against current returns

Autocorrelation, which is Eaton Vance mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Eaton Vance's mutual fund expected returns. We can calculate the autocorrelation of Eaton Vance returns to help us make a trade decision. For example, suppose you find that Eaton Vance has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15FebFeb 07Feb 11Feb 15Feb 19Feb 23Feb 27Mar-2%-1%0%1%2%3%4%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Eaton Vance regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Eaton Vance mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eaton Vance mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eaton Vance mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15FebFeb 07Feb 11Feb 15Feb 19Feb 23Feb 27Mar11.311.411.511.611.7
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Eaton Vance Lagged Returns

When evaluating Eaton Vance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eaton Vance mutual fund have on its future price. Eaton Vance autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Eaton Vance autocorrelation shows the relationship between Eaton Vance mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Eaton Vance Small Cap.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15JanJan 13Jan 20Jan 27FebFeb 10Feb 17Feb 24Mar11.111.211.311.411.511.611.7
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Eaton Mutual Fund

Eaton Vance financial ratios help investors to determine whether Eaton 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 Eaton with respect to the benefits of owning Eaton Vance security.
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