Eaton Vance Skewness

EGRSX Fund  USD 10.88  0.02  0.18%   
Eaton Vance skewness technical analysis lookup allows you to check this and other technical indicators for Eaton Vance Global or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Eaton Vance Global has current Skewness of 0.3235. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.

Skewness

 = 

3PM

STD3

 = 
0.3235
3PM = Third upper moment
STD =   Standard Deviation of Eaton Vance

Eaton Vance Skewness Peers Comparison

Eaton Skewness Relative To Other Indicators

Eaton Vance Global is rated # 2 fund in skewness among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  2.32  of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Eaton Vance Global is roughly  2.32 
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns are skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily), implying a symmetric distribution.
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