Eaton Vance Tax Fund Filter Stocks by Fundamentals
ETV Fund | USD 12.93 0.07 0.54% |
Eaton Vance Tax 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 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 fund.
Eaton |
Did you try this?
Run Alpha Finder Now
Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
All Next | Launch Module |
Eaton Fundamentals
Return On Equity | -11.98 | |||
Return On Asset | 0.11 | |||
Operating Margin | 13.17 % | |||
Current Valuation | 1.45 B | |||
Shares Outstanding | 108.67 M | |||
Shares Owned By Institutions | 13.76 % | |||
Number Of Shares Shorted | 1.16 M | |||
Price To Earning | 4.53 X | |||
Price To Book | 1.04 X | |||
Price To Sales | 73.74 X | |||
Revenue | 19.49 M | |||
Gross Profit | 17.61 M | |||
Net Income | (174.76 M) | |||
Cash And Equivalents | 20.07 K | |||
Current Ratio | 0.18 X | |||
Book Value Per Share | 12.75 X | |||
Short Ratio | 3.47 X | |||
Earnings Per Share | 2.92 X | |||
Number Of Employees | 20 | |||
Beta | 0.91 | |||
Market Capitalization | 1.59 B | |||
Annual Yield | 0.02 % | |||
Year To Date Return | 8.21 % | |||
One Year Return | 24.56 % | |||
Three Year Return | 7.18 % | |||
Five Year Return | 9.64 % | |||
Last Dividend Paid | 1.14 |
About Eaton Vance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaton Vance Tax'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 Tax based on its fundamental data. In general, a quantitative approach, as applied to this 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.Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. Eaton Vance Tax-Managed Buy-Write Opportunities Fund was formed on June 30, 2005 and is domiciled in the United States. Eaton Vance is traded on New York Stock Exchange in the United States.
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 Fund
0.61 | NEA | Nuveen Amt-free Municipal | PairCorr |
0.62 | NVG | Nuveen Amt Free | PairCorr |
0.76 | NTG | Tortoise Mlp Closed | PairCorr |
0.62 | EDD | Morgan Stanley Emerging | PairCorr |
Moving against Eaton Fund
0.46 | MCD | McDonalds Sell-off Trend | PairCorr |
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 Tax to buy it.
The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. 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 Tax 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.Check out Eaton Vance Piotroski F Score and Eaton Vance Altman Z Score analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Eaton Fund analysis
When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |