Eaton Vance California Stock Alpha and Beta Analysis
| CEV Stock | USD 10.60 0.10 0.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eaton Vance California. 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. Key technical indicators related to Eaton Vance's market risk premium analysis include:
Beta 0.0917 | Alpha (0.06) | Risk 0.55 | Sharpe Ratio (0.06) | Expected Return (0.03) |
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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 |
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 | -0.06 | β | 0.09 |
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 stock 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 stock 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 Sun, Sep 15, 2024 and Sat, Dec 14, 2024 is 10.58 with a coefficient of variation of 1.47. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 10.56, and mean deviation of 0.13. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 31052 shares by Saba Capital Management, L.p. of Eaton Vance at 10.87 subject to Rule 16b-3 | 09/19/2024 |
| Eaton Vance dividend paid on 20th of September 2024 | 09/20/2024 |
2 | Saba Capital sells Eaton Vance Trust shares worth over 162k | 09/24/2024 |
3 | Disposition of 22043 shares by Saba Capital Management, L.p. of Eaton Vance at 10.81 subject to Rule 16b-3 | 09/27/2024 |
4 | Disposition of 25913 shares by Saba Capital Management, L.p. of Eaton Vance at 10.9 subject to Rule 16b-3 | 10/01/2024 |
5 | Eaton Vance California Municipal Income Trust declares 0.05 dividend | 10/02/2024 |
6 | Disposition of 5793 shares by Saba Capital Management, L.p. of Eaton Vance at 10.79 subject to Rule 16b-3 | 10/08/2024 |
7 | Disposition of 5500 shares by Saba Capital Management, L.p. of Eaton Vance at 10.69 subject to Rule 16b-3 | 10/15/2024 |
8 | Saba capital management sells 58,795 in Eaton Vance California Municipal Income Trust | 10/17/2024 |
| Eaton Vance dividend paid on 18th of October 2024 | 10/18/2024 |
9 | Disposition of 31551 shares by Saba Capital Management, L.p. of Eaton Vance at 10.81 subject to Rule 16b-3 | 10/21/2024 |
| Eaton Vance dividend paid on 18th of November 2024 | 11/18/2024 |
11 | Saba capital management buys 76,962 in Eaton Vance California municipal bond fund shares - Investing.com | 12/02/2024 |
12 | Saba capital management increases stake in Eaton Vance California Municipal Bond Fund - Investing.com | 12/09/2024 |
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 financial instruments including Eaton or other stocks. Alpha measures the amount that position in Eaton Vance California 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.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.86 | 0.87 | 0.78 | 0.68 | Dividend Yield | 0.0535 | 0.0428 | 0.0492 | 0.0541 |
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.
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Additional Tools for Eaton Stock Analysis
When running Eaton Vance's 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 the 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.