Eaton Vance Financial Statements From 2010 to 2024
| ETO Fund | USD 25.66 0.05 0.20% |
Market Capitalization 445.4 M |
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.
Eaton |
Eaton Vance Tax Fund Beta Analysis
Eaton Vance's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Eaton Vance Beta | 1.52 |
Most of Eaton Vance's fundamental indicators, such as Beta, 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 Tax is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Eaton Vance Tax has a Beta of 1.52. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Eaton Vance Tax 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 Tax is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.02 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Eaton Vance Tax is roughly 56.49 . 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 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.
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States. Eaton Vance is traded on New York Stock Exchange in the United States.
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