Eaton Vance Tax Fund Analysis

ETO Fund  USD 25.81  0.27  1.06%   
Eaton Vance Tax is fairly valued with Real Value of 25.52 and Hype Value of 25.54. The main objective of Eaton Vance fund analysis is to determine its intrinsic value, which is an estimate of what Eaton Vance Tax is worth, separate from its market price. There are two main types of Eaton Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Eaton Vance Tax. On the other hand, technical analysis, focuses on the price and volume data of Eaton Fund to identify patterns and trends that may indicate its future price movements.
The Eaton Vance fund is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Tax. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Eaton Fund Analysis Notes

The fund generated five year return of 11.0%. Eaton Vance Tax last dividend was 2.15 per share. World Allocation It is possible that Eaton Vance Tax fund was delisted, renamed or otherwise removed from the exchange. To learn more about Eaton Vance Tax call the company at 617-482-8260 or check out https://funds.eatonvance.com/Tax-Advantaged-Global-Dividend-Opportunities-Fund-ETO.php.

Eaton Vance Tax Investment Alerts

Latest headline from news.google.com: ETO Trades At A Historical Discount - Seeking Alpha

Eaton Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 445.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eaton Vance's market, we take the total number of its shares issued and multiply it by Eaton Vance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Eaton Profitablity

The company has Net Profit Margin of (206.1) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 66.46 %, which entails that for every 100 dollars of revenue, it generated $66.46 of operating income.

Institutional Fund Holders for Eaton Vance

Have you ever been surprised when a price of an equity instrument such as Eaton Vance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eaton Vance Tax backward and forwards among themselves. Eaton Vance's institutional investor refers to the entity that pools money to purchase Eaton Vance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
FCEFFirst Trust IncomeEtfGlobal Allocation
LOIEXLord Abbett IntlMutual FundForeign Small/Mid Blend
IRCZXInternational Small CapMutual FundForeign Small/Mid Blend
ANTMXNt International Small MidMutual FundForeign Small/Mid Growth
BNIEXUbs International SustainableMutual FundForeign Large Blend
IRCYXInternational Small CapMutual FundForeign Small/Mid Blend
IRCSXInternational Small CapMutual FundForeign Small/Mid Blend
LINYXLord Abbett InternationalMutual FundForeign Small/Mid Blend
More Details
Note, although Eaton Vance's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 26th of November, Eaton Vance shows the Coefficient Of Variation of 5185.33, downside deviation of 0.941, and Mean Deviation of 0.544. Eaton Vance Tax technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.

Eaton Vance Tax Price Movement Analysis

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eaton Vance middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eaton Vance Tax. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Eaton Vance Outstanding Bonds

Eaton Vance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eaton Vance Tax uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eaton bonds can be classified according to their maturity, which is the date when Eaton Vance Tax has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Eaton Vance Predictive Daily Indicators

Eaton Vance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eaton Vance fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Eaton Vance Forecast Models

Eaton Vance's time-series forecasting models are one of many Eaton Vance's fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eaton Vance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Eaton Fund Analysis

Fund analysis is the technique used by a trader or investor to examine and evaluate how Eaton Vance prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eaton shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Eaton Vance. By using and applying Eaton Fund analysis, traders can create a robust methodology for identifying Eaton entry and exit points for their positions.
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our fund analysis tools, you can find out how much better you can do when adding Eaton Vance to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Piotroski F Score Now

   

Piotroski F Score

Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
All  Next Launch Module

Other Information on Investing in Eaton Fund

Eaton Vance financial ratios help investors to determine whether Eaton 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.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules