EATON Five Year Return

ETHIX
 Fund
  

USD 4.04  0.03  0.75%   

EATON VANCE HIGH fundamentals help investors to digest information that contributes to EATON VANCE's financial success or failures. It also enables traders to predict the movement of EATON Mutual Fund. The fundamental analysis module provides a way to measure EATON VANCE's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EATON VANCE mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

EATON Five Year Return Analysis

EATON VANCE's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Five Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
More About Five Year Return | All Equity Analysis

Current EATON VANCE Five Year Return

    
  3.18 %  
Most of EATON VANCE's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EATON VANCE HIGH is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Compare to competition

EATON VANCE Five Year Return Component Assessment

According to the company disclosure, EATON VANCE HIGH has a Five Year Return of 3.18%. This is much higher than that of the Eaton Vance family and significantly higher than that of the High Yield Bond category. The five year return for all United States funds is notably lower than that of the firm.

EATON Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EATON VANCE's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of EATON VANCE could also be used in its relative valuation, which is a method of valuing EATON VANCE by comparing valuation metrics of similar companies.
EATON VANCE is currently under evaluation in five year return among similar funds.

Fund Asset Allocation for EATON VANCE

The fund consists of 88.43% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.
   Value   
       Instrument Type  

EATON Fundamentals

About EATON VANCE Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EATON VANCE HIGH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EATON VANCE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EATON VANCE HIGH based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks to provide a high level of current income growth of capital is a secondary investment objective. Eaton Vance is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in EATON VANCE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with EATON VANCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EATON VANCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EATON VANCE will appreciate offsetting losses from the drop in the long position's value.

Moving together with EATON VANCE

+0.89AAAlcoa Corp Downward RallyPairCorr
+0.84HPQHP Inc Potential GrowthPairCorr
The ability to find closely correlated positions to EATON VANCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EATON VANCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EATON VANCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EATON VANCE HIGH to buy it.
The correlation of EATON VANCE is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EATON VANCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EATON VANCE HIGH moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EATON VANCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to EATON VANCE Piotroski F Score and EATON VANCE Altman Z Score analysis. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.