| ENX Stock | | | USD 9.89 0.01 0.10% |
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance New latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance New is a good investment. Please check the relationship between Eaton Vance Net Income From Continuing Ops and its Interest Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income From Continuing Ops vs Interest Income
Net Income From Continuing Ops vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Vance New Net Income From Continuing Ops account and
Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eaton Vance's Net Income From Continuing Ops and Interest Income is 0.62. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of Eaton Vance New, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Net Income From Continuing Ops and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Eaton Vance New are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Eaton Vance's Net Income From Continuing Ops and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.62 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Income From Continuing Ops
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance New current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Eaton Vance's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.16 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(5.02).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Income | 11.4M | 12.7M | 11.5M | 10.6M | Net Interest Income | 10.0M | 8.3M | 7.5M | 8.8M |
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
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