Eaton Mutual Fund Buy Hold or Sell Recommendation

ETHIX
 Fund
  

USD 3.84  0.02  0.52%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Eaton Vance High is 'Cautious Hold'. Macroaxis provides Eaton Vance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ETHIX positions. The advice algorithm takes into account all of Eaton Vance's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Eaton Vance's buy-and-hold perspective. Continue to Eaton Vance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Eaton and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Eaton Vance High.

Execute Eaton Vance Buy or Sell Advice

The Eaton recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eaton Vance High. Macroaxis does not own or have any residual interests in Eaton Vance High or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eaton Vance's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Eaton VanceBuy Eaton Vance
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Eaton Vance High has a Mean Deviation of 0.3622, Standard Deviation of 0.4638 and Variance of 0.2151
We provide trade advice to complement the prevailing expert consensus on Eaton Vance High. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Use Eaton Vance High five year return and equity positions weight to ensure your buy or sell decision on Eaton Vance High is adequate.

Eaton Vance Trading Alerts and Improvement Suggestions

Eaton Vance High generated a negative expected return over the last 90 days
Eaton Vance High is unlikely to experience financial distress in the next 2 years
On 31st of August 2022 Eaton Vance paid $ 0.0187 per share dividend to its current shareholders
The fund retains about 88.43% of its assets under management (AUM) in fixed income securities

Eaton Vance Returns Distribution Density

The distribution of Eaton Vance's historical returns is an attempt to chart the uncertainty of Eaton Vance's future price movements. The chart of the probability distribution of Eaton Vance stock daily returns describes the distribution of returns around its average expected value. We use Eaton Vance High price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eaton Vance returns is essential to provide solid investment advice for Eaton Vance.
Mean Return-0.01Value At Risk-0.76
Potential Upside0.73Standard Deviation0.46
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eaton Vance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Eaton Vance Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eaton Vance or Eaton Vance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eaton Vance's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eaton fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.02
β
Beta against DOW0.0425
σ
Overall volatility
0.44
Ir
Information ratio 0.044

Eaton Vance Volatility Alert

Eaton Vance High exhibits very low volatility with skewness of -0.08 and kurtosis of -0.2. However, we advise investors to further study Eaton Vance High technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eaton Vance's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eaton Vance's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Eaton Vance Fundamentals Vs Peers

Comparing Eaton Vance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eaton Vance's direct or indirect competition across all of the common fundamentals between Eaton Vance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eaton Vance or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Eaton Vance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Eaton Vance to competition
FundamentalsEaton VancePeer Average
Price to Earning27.64 X6.53 X
Price to Book2.77 X0.74 X
Price to Sales1.92 X0.61 X
One Year Return(0.14) %4.15 %
Three Year Return1.82 %3.60 %
Five Year Return3.18 %3.24 %
Ten Year Return6.33 %1.79 %
Net Asset744.41 M4.11 B
Minimum Initial Investment1 K976.16 K
Last Dividend Paid0.020.65
Cash Position Weight4.53 %10.61 %
Equity Positions Weight5.18 %63.90 %
Bond Positions Weight88.43 %11.24 %

Eaton Vance Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eaton . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Eaton Vance Buy or Sell Advice

When is the right time to buy or sell Eaton Vance High? Buying financial instruments such as Eaton Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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In addition to having Eaton Vance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Drugs Thematic Idea Now

Drugs
Drugs Theme
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Drugs Theme or any other thematic opportunities.
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Continue to Eaton Vance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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 Eaton Vance value 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.