Eaton Vance Senior Stock Market Value
| EVF Stock | USD 6.24 0.01 0.16% |
| Symbol | Eaton |
Eaton Vance Senior Price To Book Ratio
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 (0.49) | Dividend Share 0.704 | Earnings Share 0.73 | Revenue Per Share 0.945 | Quarterly Revenue Growth (0.05) |
The market value of Eaton Vance Senior 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.
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 stock 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.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Eaton Vance on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Eaton Vance Senior or generate 0.0% return on investment in Eaton Vance over 30 days. Eaton Vance is related to or competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, Federated Premier, Blackrock Floating, and Calamos LongShort. Eaton Vance Senior Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Managemen... 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 stock 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 Senior upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4608 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.6623 |
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.| Risk Adjusted Performance | 0.047 | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.2539 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eaton Vance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eaton Vance Senior Backtested Returns
At this point, Eaton Vance is very steady. Eaton Vance Senior secures Sharpe Ratio (or Efficiency) of 0.0948, which denotes the company had a 0.0948% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Eaton Vance Senior, which you can use to evaluate the volatility of the firm. Please confirm Eaton Vance's Mean Deviation of 0.3219, coefficient of variation of 1381.58, and Downside Deviation of 0.4608 to check if the risk estimate we provide is consistent with the expected return of 0.0388%. Eaton Vance has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0799, which means not very significant fluctuations relative to the market. 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. Eaton Vance Senior right now shows a risk of 0.41%. Please confirm Eaton Vance Senior semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Eaton Vance Senior will be following its price patterns.
Auto-correlation | 0.19 |
Very weak predictability
Eaton Vance Senior has very weak predictability. Overlapping area represents the amount of predictability between Eaton Vance time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. 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 Senior price movement. The serial correlation of 0.19 indicates that over 19.0% of current Eaton Vance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eaton Vance Senior lagged returns against current returns
Autocorrelation, which is Eaton Vance stock'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 stock 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 stock 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 |
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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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eaton Vance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eaton Vance stock over time.
Current vs Lagged 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Eaton Vance Senior.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Eaton Vance Senior is a strong investment it is important to analyze Eaton Vance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eaton Vance's future performance. For an informed investment choice regarding Eaton Stock, refer to the following important reports:Check out Eaton Vance Correlation, Eaton Vance Volatility and Eaton Vance Alpha and Beta module to complement your research on Eaton Vance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Eaton Vance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.