Eaton Vance Financials
We urge to utilize Eaton Vance Municipal fundamental analysis to find out if markets are presently mispricing the fund. Put another way you can exercise it to find out if Eaton Vance Municipal is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to collect and analyze data for fifteen available fundamental indicators for Eaton Vance Municipal, which can be compared to its peers.
Eaton |
Please note that past performance is not an indicator of the future performance of Eaton Vance, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Eaton Vance Fund Summary
Eaton Vance competes with Sprott Gold, Franklin Gold, International Investors, Precious Metals, and Oppenheimer Gold. The fund normally invests at least 80 percent of its net assets in municipal obligations, the interest on which is exempt from regular federal income tax . Eaton Vance is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US27826Y5556 |
| Business Address | Eaton Vance Municipals |
| Mutual Fund Family | Eaton Vance |
| Mutual Fund Category | Muni National Interm |
| Benchmark | NYSE Composite |
| Phone | 800 262 1122 |
| Currency | USD - US Dollar |
You should never invest in Eaton Vance Municipal without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Eaton Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Eaton Vance's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Eaton Vance Key Financial Ratios
Generally speaking, Eaton Vance's financial ratios allow both analysts and investors to convert raw data from Eaton Vance's financial statements into concise, actionable information that can be used to evaluate the performance of Eaton Vance over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eaton Vance Municipal reports annually and quarterly.Eaton Financial Ratios 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 Municipal 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 0.96 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Eaton Vance Municipal is roughly 1.04 . 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.Eaton Vance Municipal Systematic Risk
Eaton Vance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eaton Vance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Eaton Vance Municipal correlated with the market. If Beta is less than 0 Eaton Vance generally moves in the opposite direction as compared to the market. If Eaton Vance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eaton Vance Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eaton Vance is generally in the same direction as the market. If Beta > 1 Eaton Vance moves generally in the same direction as, but more than the movement of the benchmark.
Eaton Vance May 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Eaton Vance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eaton Vance Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eaton Vance Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Eaton Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eaton Vance's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2446 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 0.9798 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2691 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Municipal. 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 gross domestic product. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.