Parametric Modity Strategy Fund Minimum Initial Investment
| EAPCX Fund | USD 6.50 0.01 0.15% |
Parametric Modity Strategy fundamentals help investors to digest information that contributes to Parametric Modity's financial success or failures. It also enables traders to predict the movement of Parametric Mutual Fund. The fundamental analysis module provides a way to measure Parametric Modity'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 Parametric Modity mutual fund.
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Parametric Modity Strategy Mutual Fund Minimum Initial Investment Analysis
Parametric Modity's Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
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Minimum Initial Investment | = | First Fund Deposit |
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it against random trades that may negatively affect fund strategy.
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Based on the recorded statements, Parametric Modity Strategy has a Minimum Initial Investment of 0.0. This indicator is about the same for the Eaton Vance average (which is currently at 0.0) family and about the same as Commodities Broad Basket (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Parametric Fundamentals
| Total Asset | 120.78 M | |||
| Annual Yield | 0.0001 % | |||
| Year To Date Return | 11.26 % | |||
| One Year Return | 7.54 % | |||
| Three Year Return | 12.41 % | |||
| Five Year Return | 12.05 % | |||
| Net Asset | 1.41 B | |||
| Last Dividend Paid | 0.16 | |||
| Cash Position Weight | (82.08) % |
About Parametric Modity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parametric Modity Strategy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parametric Modity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parametric Modity Strategy based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Parametric Modity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Parametric Modity's short interest history, or implied volatility extrapolated from Parametric Modity options trading.
Pair Trading with Parametric Modity
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 Parametric Modity 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 Parametric Modity will appreciate offsetting losses from the drop in the long position's value.Moving together with Parametric Mutual Fund
| 0.69 | EREMX | Eaton Vance Parametric | PairCorr |
Moving against Parametric Mutual Fund
| 0.42 | ETOHX | Eaton Vance Ohio | PairCorr |
The ability to find closely correlated positions to Parametric Modity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parametric Modity 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 Parametric Modity - 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 Parametric Modity Strategy to buy it.
The correlation of Parametric Modity 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 Parametric Modity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parametric Modity 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 Parametric Modity 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Parametric Modity Strategy. 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 main economic indicators. Note that the Parametric Modity information on this page should be used as a complementary analysis to other Parametric Modity'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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.