Eaton Mutual Fund Manager Performance Evaluation

EAAMX -  USA Fund  

USD 10.69  0.01  0.09%

The fund shows a Beta (market volatility) of -0.0079, which means not very significant fluctuations relative to the market. Let's try to break down what Eaton's beta means in this case. As returns on the market increase, returns on owning Eaton Vance are expected to decrease at a much lower rate. During the bear market, Eaton Vance is likely to outperform the market. Even though it is essential to pay attention to Eaton Vance Multi-St historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Eaton Vance Multi-Strategy exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Eaton Mutual Fund Performance 

 
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 Eaton Performance
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Over the last 90 days Eaton Vance Multi-Strategy has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, Eaton Vance is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low10.21
Fifty Two Week High10.76
Annual Report Expense Ratio0.99%

Eaton Vance Relative Risk vs. Return Landscape

If you would invest  1,073  in Eaton Vance Multi-Strategy on July 23, 2021 and sell it today you would lose (4.00)  from holding Eaton Vance Multi-Strategy or give up 0.37% of portfolio value over 90 days. Eaton Vance Multi-Strategy is currently producing negative expected returns and takes up 0.1267% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Eaton, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Eaton Vance is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 5.63 times less risky than the market. the firm trades about -0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 of returns per unit of risk over similar time horizon.

Eaton Vance Current Valuation

Fairly Valued
Today
10.69
21st of October 2021
Share
Please note that Eaton Vance's price fluctuation is very steady at this time.
Eaton Vance Multi-St shows a prevailing Real Value of $10.69 per share. The current price of the fund is $10.69. At this time, the entity appears to be fairly valued. We determine the value of Eaton Vance Multi-St from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued instruments and dropping overvalued instruments since, at some point, stock prices and their ongoing real values will submerge.
Our valuation method for Eaton Vance Multi-Strategy is useful when determining the fair value of the Eaton mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Eaton Vance. Since Eaton Vance is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eaton Mutual Fund. However, Eaton Vance's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
10.69
Real Value
10.82
Upside
Estimating the potential upside or downside of Eaton Vance Multi-Strategy helps investors to forecast how Eaton mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Eaton Vance more accurately as focusing exclusively on Eaton Vance's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6910.6910.69
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Hype
Prediction
LowEstimated ValueHigh
10.5610.6910.82
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Potential
Annual Dividend
LowIncome Per ShareHigh
0.260.260.26
Details

Eaton Vance Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Eaton Vance's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Eaton Vance Multi-Strategy, and traders can use it to determine the average amount a Eaton Vance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0462

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Negative ReturnsEAAMX
Estimated Market Risk
 0.13
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 -0.01
  actual daily
 
 0 %
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00
Risk-Adjusted Return
 -0.05
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00
Based on monthly moving average Eaton Vance is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eaton Vance by adding it to a well-diversified portfolio.

About Eaton Vance Performance

To evaluate Eaton Vance Multi-St Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Eaton Vance generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Eaton Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Eaton Vance Multi-St stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Eaton's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in credit-related investments. Eaton Vance is traded on NASDAQ Exchange in the United States.

Things to note about Eaton Vance Multi-St

Checking the ongoing alerts about Eaton Vance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eaton Vance Multi-St help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Eaton Vance Alerts

Equity Alerts and Improvement Suggestions

Eaton Vance Multi-St generated a negative expected return over the last 90 days
Eaton Vance Multi-St is unlikely to experience financial distress in the next 2 years
The fund retains about 6.01% of its assets under management (AUM) in cash
Continue to Investing Opportunities. Note that the Eaton Vance Multi-St 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Eaton Vance Multi-St 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 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 Eaton Vance value 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.