Projected Return Density against MarketAssuming 30 trading days horizon, EATON has beta of 0.86 . This means EATON VANCE ENHANCED EQUITY INC market returns are very sensitive to returns on the market. As the market benchmark goes up or down, EATON is expected to follow. Moreover, EATON VANCE ENHANCED EQUITY INC has alpha of 0.86 implying that it can potentially generate 0.86% excess return over S&P 500 after adjusting for the inherited market risk (beta). Assuming 30 trading days horizon, the coefficient of variation of EATON is 151.61. The daily returns are destributed with a variance of 0.24 and standard deviation of 0.49. The mean deviation of EATON VANCE ENHANCED EQUITY INC is currently at 0.39. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.55
Actual Return VolatilityEATON VANCE ENHANCED EQUITY INC shows 0.49% volatility of returns over 30 trading days. S&P 500 shows 0.55% volatility of returns over 30 trading days.
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S&P 500 has a standard deviation of returns of 0.55 and is 1.12 times more volatile than EATON VANCE ENHANCED EQUITY INC. 6% of all equities and portfolios are less risky than EATON. Compared with the overall equity markets, volatility of historical daily returns of EATON VANCE ENHANCED EQUITY INC is lower than 6 (%) of all global equities and portfolios over the last 30 days. Use EATON VANCE ENHANCED EQUITY INC to enhance returns of your portfolios. The fund experiences moderate upward volatility. EATON returns are very sensitive to returns on the market. As market goes up or down, EATON is expected to follow.
EATON correlation with market
EATON Current Risk Indicators
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