Eaton Vance Atlanta Capital Fund Manager Performance Evaluation

ERLGX Fund   18.26  0.03  0.16%   
The fund shows a Beta (market volatility) of 0.0817, which means not very significant fluctuations relative to the market. As returns on the market increase, Eaton Vance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eaton Vance is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Eaton Vance Atlanta Capital has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Eaton Vance is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Eaton Vance Relative Risk vs. Return Landscape

If you would invest  1,928  in Eaton Vance Atlanta Capital on September 26, 2024 and sell it today you would lose (102.00) from holding Eaton Vance Atlanta Capital or give up 5.29% of portfolio value over 90 days. Eaton Vance Atlanta Capital is currently producing negative expected returns and takes up 0.8184% volatility of returns over 90 trading days. Put another way, 7% 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.
  Expected Return   
       Risk  
Assuming the 90 days horizon Eaton Vance is expected to under-perform the market. In addition to that, the company is 1.01 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 per unit of volatility.

Eaton Vance Current Valuation

Overvalued
Today
18.26
Please note that Eaton Vance's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the entity is overvalued. Eaton Vance Atlanta shows a prevailing Real Value of USD16.53 per share. The current price of the fund is USD18.26. Our model computes the value of Eaton Vance Atlanta from reviewing the entity technical indicators and probability of bankruptcy. In general, investors advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
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.
Historical Market  18.26 Real  16.53 Hype  18.26
The intrinsic value of Eaton Vance's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Eaton Vance's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
16.53
Real Value
20.09
Upside
Estimating the potential upside or downside of Eaton Vance Atlanta Capital 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:
Hype
Prediction
LowEstimatedHigh
17.4418.2619.08
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 Atlanta Capital, 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 = -0.1013

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Estimated Market Risk

 0.82
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Eaton Vance is not performing at its full potential. However, 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 Eaton Vance to a well-diversified portfolio.

Eaton Vance Fundamentals Growth

Eaton Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Eaton Vance, and Eaton Vance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eaton Mutual Fund performance.

About Eaton Vance Performance

Evaluating Eaton Vance's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eaton Vance has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eaton Vance has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests in common stocks of approximately 20 to 35 companies, primarily with large market capitalizations. It will normally invest in common stocks of companies having market capitalizations that rank among the top 1,000 U.S. companies. It is non-diversified.

Things to note about Eaton Vance Atlanta performance evaluation

Checking the ongoing alerts about Eaton Vance for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Eaton Vance Atlanta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Eaton Vance Atlanta generated a negative expected return over the last 90 days
The fund retains all of the assets under management (AUM) in different types of exotic instruments
Evaluating Eaton Vance's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Eaton Vance's mutual fund performance include:
  • Analyzing Eaton Vance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eaton Vance's stock is overvalued or undervalued compared to its peers.
  • Examining Eaton Vance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Eaton Vance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eaton Vance's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Eaton Vance's mutual fund. These opinions can provide insight into Eaton Vance's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Eaton Vance's mutual fund performance is not an exact science, and many factors can impact Eaton Vance's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
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