Eaton Vance Tax Managed Fund Price on November 9, 2024

ECEAX Fund  USD 34.64  0.19  0.55%   
Below is the normalized historical share price chart for Eaton Vance Tax Managed extending back to October 02, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eaton Vance stands at 34.64, as last reported on the 7th of December, with the highest price reaching 34.64 and the lowest price hitting 34.64 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Eaton Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Eaton Mutual Fund to be very steady. Eaton Vance Tax secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Eaton Vance Tax Managed, which you can use to evaluate the volatility of the entity. Please confirm Eaton Vance's Downside Deviation of 0.6139, coefficient of variation of 511.73, and Mean Deviation of 0.4567 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Eaton Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2361

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashECEAXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.6
  actual daily
5
95% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average Eaton Vance is performing at about 18% 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.

Eaton Vance Valuation on November 9, 2024

It is possible to determine the worth of Eaton Vance on a given historical date. On November 9, 2024 Eaton was worth 34.13 at the beginning of the trading date compared to the closed value of 34.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eaton Vance mutual fund. Still, in general, we apply an absolute valuation method to find Eaton Vance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Eaton Vance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eaton Vance's related companies.
 Open High Low Close Volume
  34.04    34.04    34.04    34.04    1.00  
11/08/2024
  34.13    34.13    34.13    34.13    1.00  
  34.20    34.20    34.20    34.20    1.00  
Backtest Eaton Vance  |  Eaton Vance History  |  Eaton Vance Valuation   PreviousNext  
Open Value
34.13
34.13
Closing Value
35.93
Upside

Eaton Vance Trading Date Momentum on November 9, 2024

On November 11 2024 Eaton Vance Tax Managed was traded for  34.20  at the closing time. The highest daily price throughout the period was 34.20  and the lowest price was  34.20 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.21% . The overall trading delta to current closing price is 1.49% .

Eaton Vance Tax Fundamentals Correlations and Trends

By evaluating Eaton Vance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Eaton Vance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eaton financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Eaton Vance Mutual Fund history

Eaton Vance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eaton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eaton Vance Tax will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eaton Vance stock prices may prove useful in developing a viable investing in Eaton Vance
The fund invests primarily in diversified tax-managed portfolios sponsored by Eaton Vance Management and its affiliates that invest at least 80 percent of their net assets in equity securities. It may invest up to 25 percent of its total assets in Tax-Managed Portfolios that primarily invest in small or emerging companies and up to 35 percent of its total assets in Tax-Managed Portfolios that primarily invest in foreign securities.

Eaton Vance Mutual Fund Technical Analysis

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, fund 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...

Price Boundaries

Eaton Vance Period Price Range

Low
December 7, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Eaton Vance Tax Managed cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Eaton Vance December 7, 2024 Market Strength

Market strength 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 undertsting and applying Eaton Vance mutual fund market strength indicators, traders can identify Eaton Vance Tax Managed entry and exit signals to maximize returns

Eaton Vance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Eaton Vance's price direction in advance. Along with the technical and fundamental analysis of Eaton Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eaton to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Eaton Mutual Fund

Eaton Vance financial ratios help investors to determine whether Eaton Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eaton with respect to the benefits of owning Eaton Vance security.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated