Eaton Mutual Fund Alpha and Beta Analysis

EAAMX -  USA Fund  

USD 10.59  0.01  0.09%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eaton Vance Multi-Strategy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eaton Vance over a specified time horizon. Remember, high Eaton Vance's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Eaton Vance Backtesting, Portfolio Optimization, Eaton Vance Correlation, Eaton Vance Hype Analysis, Eaton Vance Volatility, Eaton Vance History and analyze Eaton Vance Performance.

Eaton Beta 

 
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Please note that although Eaton Vance alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Eaton Vance did 0.023659  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Eaton Vance Multi-Strategy fund's relative risk over its benchmark. Eaton Vance Multi-St has a beta of 0.0175  . Let's try to break down what Eaton's beta means in this case. As returns on the market increase, Eaton Vance returns are expected to increase less than the market. However, during the bear market, the loss on holding Eaton Vance will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Eaton Vance Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Eaton Vance's performance over market.
α-0.02   β0.0175
90 days against DJI

Eaton Vance expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eaton Vance's Buy-and-hold return. Our buy-and-hold chart shows how Eaton Vance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Eaton Vance Market Price Analysis

Market price analysis indicators help investors to evaluate how Eaton Vance mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eaton Vance shares will generate the highest return on investment. By understating and applying Eaton Vance mutual fund market price indicators, traders can identify Eaton Vance position entry and exit signals to maximize returns.

Eaton Vance Return and Market Media

The median price of Eaton Vance for the period between Sat, Oct 23, 2021 and Fri, Jan 21, 2022 is 10.65 with a coefficient of variation of 0.33. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 10.65, and mean deviation of 0.03. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Eaton Vance Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Eaton Vance Multi-St has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Eaton Vance Investors Sentiment

The influence of Eaton Vance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eaton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Eaton Vance 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, Eaton Vance's short interest history, or implied volatility extrapolated from Eaton Vance options trading.

Current Sentiment - EAAMX

Eaton Vance Multi-St Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Eaton Vance Multi-Strategy. What is your opinion about investing in Eaton Vance Multi-Strategy? Are you bullish or bearish?
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Continue to Eaton Vance Backtesting, Portfolio Optimization, Eaton Vance Correlation, Eaton Vance Hype Analysis, Eaton Vance Volatility, Eaton Vance History and analyze Eaton Vance Performance. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Eaton Mutual Fund analysis

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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Eaton Vance technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eaton Vance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eaton Vance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...