Eaton Vance Correlations

Mutual Funds . USA . 
Fund . Eaton Vance Floating Rate
EABLX Fund  USD 8.24  0.01  0.12%   
The current 90-days correlation between Eaton Vance Floating and Siit Small Cap is 0.36 (i.e., Weak diversification). The correlation of Eaton Vance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Eaton Vance Correlation With Market

Very weak diversification

The correlation between Eaton Vance Floating Rate and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eaton Vance Floating Rate and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Floating Rate. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Eaton Mutual Fund

  0.79EMAIX Eaton Vance MsschstsPairCorr
  0.89ERASX Eaton Vance AtlantaPairCorr
  0.98ERAMX Eaton Vance MultiPairCorr
  0.97ERBIX Eaton Vance RichardPairCorr
  0.96ERBCX Eaton Vance RichardPairCorr
  0.96ERBAX Eaton Vance RichardPairCorr
  0.96EREMX Eaton Vance ParametricPairCorr
  0.97ERHIX Eaton Vance HighPairCorr
  0.95ERGMX Eaton Vance GlobalPairCorr
  0.97ERIFX Eaton Vance BalancedPairCorr
  0.97ERIBX Eaton Vance IncomePairCorr
  0.95ERISX Parametric Intl EquityPairCorr
  0.98ERLGX Eaton Vance AtlantaPairCorr
  0.96ERLVX Eaton Vance LargePairCorr
  0.98EAAMX Eaton Vance MultiPairCorr
  0.96EAALX Eaton Vance AtlantaPairCorr
  0.96ERSTX Eaton Vance LargePairCorr
  0.89ERSMX Eaton Vance AtlantaPairCorr
  0.85ERSIX Eaton Vance ShortPairCorr
  0.93ERSGX Eaton Vance SmallPairCorr
  0.87EAASX Eaton Vance AtlantaPairCorr
  0.95EACPX Eaton Vance TaxPairCorr
  0.95EACOX Eaton Vance GlobalPairCorr
  0.73EABSX Eaton Vance TabsPairCorr
  0.95EADOX Eaton Vance EmergingPairCorr
  0.96EADIX Eaton Vance TaxPairCorr
  0.96EAERX Eaton Vance StockPairCorr
  0.95EAEMX Parametric EmergingPairCorr
  0.95EAEAX Eaton Vance TaxPairCorr
  0.93EAFVX Eaton Vance ValPairCorr
  0.98EAFHX Eaton Vance FloatingPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Eaton Mutual Fund performing well and Eaton Vance Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Eaton Vance's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY