Eaton Vance Richard Fund Quote

ECRAX Fund  USD 13.46  0.01  0.07%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 40

 
100  
 
Zero
Below Average
Eaton Vance is trading at 13.46 as of the 19th of March 2024; that is 0.07 percent increase since the beginning of the trading day. The fund's open price was 13.45. Eaton Vance has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Eaton Vance Richard are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
The fund has flexibility to allocate its assets in markets around the world and among various asset classes, including equity, fixed-income, commodity, currency and cash investments. Under normal circumstances, the advisor currently expects to invest 0-75 percent of its net assets in equity securities, 25-90 percent in fixed-income securities and other fixed and floating-rate income instruments, 0-25 percent in commodities andor currencies, and 0-25 percent in cash and cash equivalents. More on Eaton Vance Richard

Moving together with Eaton Mutual Fund

  0.74STFGX State Farm GrowthPairCorr
  0.78EMAIX Eaton Vance MsschstsPairCorr
  0.69EMOCX Eaton Vance MunicipalPairCorr
  0.82EIM Eaton Vance MbfPairCorr
  0.74ERAMX Eaton Vance Multi-assetPairCorr
  0.93ERBIX Eaton Vance RichardPairCorr

Eaton Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eaton Vance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eaton Vance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationEaton Vance Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Eaton Vance (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of January 2023
Fiscal Year EndAugust
Eaton Vance Richard [ECRAX] is traded in USA and was established 19th of March 2024. Eaton Vance is listed under Eaton Vance category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Eaton Vance family. This fund currently has accumulated 527.14 M in assets under management (AUM) with no minimum investment requirementsEaton Vance Richard is currently producing year-to-date (YTD) return of 1.65% with the current yeild of 0.01%, while the total return for the last 3 years was -1.92%.
Check Eaton Vance Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Eaton Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Eaton Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Eaton Vance Richard Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Eaton Vance Richard Mutual Fund Constituents

GDXJVanEck Junior GoldEtfEquity Precious Metals
SHYGIShares 0 5 YearEtfHigh Yield Bond
MBBIShares MBS ETFEtfIntermediate Government
IGHGProShares Investment GradeInterestEtfNontraditional Bond
USFRWisdomTree Floating RateEtfUltrashort Bond
SCHPSchwab US TIPSEtfInflation-Protected Bond
PZAInvesco National AMT FreeEtfMuni National Long
More Details

Eaton Vance Target Price Odds Analysis

Based on a normal probability distribution, the odds of Eaton Vance jumping above the current price in 90 days from now is about 9.55%. The Eaton Vance Richard probability density function shows the probability of Eaton Vance mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Eaton Vance has a beta of 0.5647 suggesting as returns on the market go up, Eaton Vance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eaton Vance Richard will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eaton Vance Richard is significantly underperforming NYSE Composite.
  Odds Below 13.46HorizonTargetOdds Above 13.46
90.00%90 days
 13.46 
9.55%
Based on a normal probability distribution, the odds of Eaton Vance to move above the current price in 90 days from now is about 9.55 (This Eaton Vance Richard probability density function shows the probability of Eaton Mutual Fund to fall within a particular range of prices over 90 days) .

Eaton Vance Richard Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eaton Vance market risk premium is the additional return an investor will receive from holding Eaton Vance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eaton Vance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Eaton Vance's alpha and beta are two of the key measurements used to evaluate Eaton Vance's performance over the market, the standard measures of volatility play an important role as well.

Eaton Vance Against Markets

Picking the right benchmark for Eaton Vance mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eaton Vance mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eaton Vance is critical whether you are bullish or bearish towards Eaton Vance Richard at a given time. Please also check how Eaton Vance's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eaton Vance without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Eaton Mutual Fund?

Before investing in Eaton Vance, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eaton Vance. To buy Eaton Vance fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eaton Vance. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Eaton Vance fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Eaton Vance Richard fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Eaton Vance Richard fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Eaton Vance Richard, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Eaton Vance Richard?

The danger of trading Eaton Vance Richard is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eaton Vance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eaton Vance. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eaton Vance Richard is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Richard. 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 nation.
Note that the Eaton Vance Richard information on this page should be used as a complementary analysis to other Eaton Vance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Eaton Mutual 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.
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Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.