Eaton Vance Financial Statements From 2010 to 2024
Eaton Vance financial statements provide useful quarterly and yearly information to potential Eaton Vance Floating Rate investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Eaton Vance financial statements helps investors assess Eaton Vance's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Eaton Vance's valuation are summarized below:Eaton Vance Floating Rate does not presently have any fundamental signals for analysis.
This module can also supplement various Eaton Vance Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Check Eaton Vance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Eaton financial statements analysis is a perfect complement when working with Eaton Vance Valuation or Volatility modules.
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Eaton Vance Floating Rate Mutual Fund Three Year Return Analysis
Eaton Vance's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Eaton Vance Three Year Return | 4.51 % |
Most of Eaton Vance's fundamental indicators, such as Three 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 Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
CompetitionBased on the latest financial disclosure, Eaton Vance Floating Rate has a Three Year Return of 4.5125%. This is much higher than that of the Eaton Vance family and significantly higher than that of the Bank Loan category. The three year return for all United States funds is notably lower than that of the firm.
Eaton Vance Floating Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eaton Vance's current stock value. Our valuation model uses many indicators to compare Eaton Vance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eaton Vance competition to find correlations between indicators driving Eaton Vance's intrinsic value. More Info.Eaton Vance Floating Rate is one of the top funds in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 685.50 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Eaton Vance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eaton Vance's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eaton Vance's earnings, one of the primary drivers of an investment's value.About Eaton Vance Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Eaton Vance income statement, its balance sheet, and the statement of cash flows. Eaton Vance investors use historical funamental indicators, such as Eaton Vance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Eaton Vance investors may use each financial statement separately, they are all related. The changes in Eaton Vance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eaton Vance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eaton Vance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eaton Vance. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to provide a high level of current income. Eaton Vance is traded on NASDAQ 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 Mutual Fund
| 0.81 | OOSYX | Oppenheimer Senior | PairCorr |
| 0.8 | OOSIX | Oppenheimer Senior | PairCorr |
| 0.78 | LFRIX | Floating Rate | PairCorr |
| 0.79 | LARCX | Floating Rate | PairCorr |
| 0.77 | LFRRX | Lord Abbett Inv | 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 Floating Rate 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 Floating 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 the analysis of Eaton Vance Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.