Eaton Vance Short Etf Performance
| EVG Etf | USD 10.93 0.03 0.28% |
The etf shows a Beta (market volatility) of -0.0697, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eaton Vance are expected to decrease at a much lower rate. During the bear market, Eaton Vance is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eaton Vance Short are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Eaton Vance is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Evion Group Secures 2 Million Contract to Begin Expandable Graphite Production in India | 11/06/2024 |
2 | EVG Not An Attractive Entry Point Anymore For This CEF - Seeking Alpha | 12/10/2024 |
3 | Insider Trading | 12/13/2024 |
4 | Acquisition by Page Scott H of 10000 shares of Eaton Vance at 13.785 subject to Rule 16b-3 | 12/18/2024 |
5 | Evion Group Advances Graphite Ventures in India, Madagascar | 01/06/2025 |
| Expense Ratio | 1.3500 |
Eaton |
Eaton Vance Relative Risk vs. Return Landscape
If you would invest 1,086 in Eaton Vance Short on October 20, 2024 and sell it today you would earn a total of 7.00 from holding Eaton Vance Short or generate 0.64% return on investment over 90 days. Eaton Vance Short is generating 0.0123% of daily returns assuming volatility of 0.6312% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than Eaton, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Eaton Vance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eaton Vance's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Eaton Vance Short, and traders can use it to determine the average amount a Eaton Vance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0195
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eaton Vance is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eaton Vance by adding it to a well-diversified portfolio.
Eaton Vance Fundamentals Growth
Eaton Etf prices reflect investors' perceptions of the future prospects and financial health of Eaton Vance, and Eaton Vance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eaton Etf performance.
| Return On Equity | -4.19 | ||||
| Return On Asset | 2.0 | ||||
| Profit Margin | (75.72) % | ||||
| Operating Margin | 75.31 % | ||||
| Current Valuation | 199.88 M | ||||
| Shares Outstanding | 13.42 M | ||||
| Price To Earning | 8.79 X | ||||
| Price To Book | 0.84 X | ||||
| Price To Sales | 13.29 X | ||||
| Revenue | 11.2 M | ||||
| EBITDA | 2.44 M | ||||
| Cash And Equivalents | 4.06 M | ||||
| Cash Per Share | 0.30 X | ||||
| Total Debt | 61 M | ||||
| Debt To Equity | 0.38 % | ||||
| Book Value Per Share | 13.23 X | ||||
| Cash Flow From Operations | 44.52 M | ||||
| Earnings Per Share | (0.38) X | ||||
| Total Asset | 223.2 M | ||||
| Retained Earnings | 68.26 M | ||||
| Current Asset | 193.7 M | ||||
| Current Liabilities | 95.4 M | ||||
About Eaton Vance Performance
By analyzing Eaton Vance's fundamental ratios, stakeholders can gain valuable insights into Eaton Vance's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Eaton Vance has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eaton Vance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities. The fund invests in fixed income securities operating across diversified sectors. It invests in fixed income securities with an average duration of 1.76 years and an average credit quality of least BBB. The fund benchmarks the performance of its portfolio against the SPLSTA Leveraged Loan Index. It was formerly known as Eaton Vance Low Duration Diversified Income Fund. Eaton Vance Short Duration Diversified Income Fund was formed on February 28, 2005 and is domiciled in the United States.| Eaton Vance Short has 61 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Eaton Vance Short has a current ratio of 0.18, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Eaton Vance until it has trouble settling it off, either with new capital or with free cash flow. So, Eaton Vance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eaton Vance Short sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eaton to invest in growth at high rates of return. When we think about Eaton Vance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 11.2 M. Reported Net Loss for the year was (8.48 M) with profit before taxes, overhead, and interest of 15.61 M. | |
| Latest headline from kalkinemedia.com: Evion Group Advances Graphite Ventures in India, Madagascar |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Eaton Vance Short 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.