Eaton Vance Correlations
ESBLX Fund | USD 8.25 0.00 0.00% |
The current 90-days correlation between Eaton Vance Floating and Pace High Yield is 0.3 (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.
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Moving together with Eaton Mutual Fund
0.91 | EMAIX | Eaton Vance Msschsts | PairCorr |
0.87 | ERASX | Eaton Vance Atlanta | PairCorr |
0.99 | ERAMX | Eaton Vance Multi | PairCorr |
0.97 | ERBIX | Eaton Vance Richard | PairCorr |
0.98 | ERBCX | Eaton Vance Richard | PairCorr |
0.98 | ERBAX | Eaton Vance Richard | PairCorr |
0.96 | EREMX | Eaton Vance Parametric | PairCorr |
0.98 | ERHIX | Eaton Vance High | PairCorr |
0.96 | ERGMX | Eaton Vance Global | PairCorr |
0.97 | ERIFX | Eaton Vance Balanced | PairCorr |
0.98 | ERIBX | Eaton Vance Income | PairCorr |
0.96 | ERISX | Parametric Intl Equity | PairCorr |
0.94 | ERLGX | Eaton Vance Atlanta | PairCorr |
0.97 | ERLVX | Eaton Vance Large | PairCorr |
0.99 | EAAMX | Eaton Vance Multi | PairCorr |
0.92 | EAALX | Eaton Vance Atlanta | PairCorr |
0.96 | ERSTX | Eaton Vance Large | PairCorr |
0.87 | ERSMX | Eaton Vance Atlanta | PairCorr |
0.89 | ERSIX | Eaton Vance Short | PairCorr |
0.88 | ERSGX | Eaton Vance Small | PairCorr |
0.99 | EABLX | Eaton Vance Floating | PairCorr |
0.89 | EAASX | Eaton Vance Atlanta | PairCorr |
0.97 | EACPX | Eaton Vance Tax | PairCorr |
0.96 | EACOX | Eaton Vance Global | PairCorr |
0.96 | EABSX | Eaton Vance Tabs | PairCorr |
0.97 | EADOX | Eaton Vance Emerging | PairCorr |
0.98 | EADIX | Eaton Vance Tax | PairCorr |
0.98 | EAERX | Eaton Vance Stock | PairCorr |
0.97 | EAEMX | Parametric Emerging | PairCorr |
0.98 | EAEAX | Eaton Vance Tax | PairCorr |
0.97 | EAFVX | Eaton Vance Val | PairCorr |
0.99 | EAFHX | Eaton Vance Floating | PairCorr |
Related Correlations Analysis
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | PHIAX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | FAGIX | ||
0.99 | 0.99 | 0.99 | 1.0 | 0.99 | 1.0 | TAHFX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | BHYRX | ||
0.99 | 0.99 | 1.0 | 0.99 | 0.99 | 1.0 | BXHCX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | ARTFX | ||
0.99 | 0.99 | 1.0 | 0.99 | 1.0 | 0.99 | NHIEX | ||
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
PHIAX | 0.12 | 0.07 | (0.75) | (2.69) | 0.00 | 0.36 | 0.83 | |||
FAGIX | 0.27 | 0.07 | (0.22) | 0.40 | 0.00 | 0.70 | 1.90 | |||
TAHFX | 0.16 | 0.09 | (0.58) | (3.77) | 0.00 | 0.50 | 1.02 | |||
BHYRX | 0.15 | 0.04 | (0.65) | 0.41 | 0.00 | 0.57 | 1.02 | |||
BXHCX | 0.15 | 0.08 | (0.63) | (2.92) | 0.00 | 0.50 | 1.02 | |||
ARTFX | 0.14 | 0.08 | (0.84) | (2.35) | 0.00 | 0.56 | 0.90 | |||
NHIEX | 0.15 | 0.07 | (0.75) | (3.80) | 0.00 | 0.53 | 0.91 |