Eaton Asset Turnover from 2010 to 2024
| EFR Stock | USD 12.81 0.08 0.62% |
Asset Turnover | First Reported 2010-12-31 | Previous Quarter 0.11 | Current Value 0.11 | Quarterly Volatility 0.04254248 |
Check Eaton Vance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton Vance's main balance sheet or income statement drivers, such as Interest Expense of 8.8 M, Selling General Administrative of 642.9 K or Total Revenue of 33 M, as well as many indicators such as PTB Ratio of 0.001, Days Sales Outstanding of 53.58 or Book Value Per Share of 11.6 K. Eaton financial statements analysis is a perfect complement when working with Eaton Vance Valuation or Volatility modules.
Eaton | Asset Turnover |
Latest Eaton Vance's Asset Turnover Growth Pattern
Below is the plot of the Asset Turnover of Eaton Vance Senior over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Eaton Vance's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eaton Vance's overall financial position and show how it may be relating to other accounts over time.
| Asset Turnover | 10 Years Trend |
|
Asset Turnover |
| Timeline |
Eaton Asset Turnover Regression Statistics
| Arithmetic Mean | 0.05 | |
| Geometric Mean | 0.04 | |
| Coefficient Of Variation | 83.20 | |
| Mean Deviation | 0.03 | |
| Median | 0.05 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.1604 | |
| R-Value | 0.20 | |
| Mean Square Error | 0 | |
| R-Squared | 0.04 | |
| Significance | 0.48 | |
| Slope | 0 | |
| Total Sum of Squares | 0.03 |
Eaton Asset Turnover History
Other Fundumenentals of Eaton Vance Senior
Eaton Vance Asset Turnover component correlations
Click cells to compare fundamentals
About Eaton Vance Financial Statements
Eaton Vance shareholders use historical fundamental indicators, such as Asset Turnover, to determine how well the company is positioned to perform in the future. Although Eaton Vance investors may analyze each financial statement separately, they are all interrelated. The changes in Eaton Vance's assets and liabilities, for example, are also reflected in the revenues and expenses on on Eaton Vance's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Asset Turnover | 0.09 | 0.11 |
Pair Trading with Eaton Vance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton Vance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton Vance will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Stock
| 0.84 | DIST | Distoken Acquisition | PairCorr |
| 0.71 | AB | AllianceBernstein | PairCorr |
| 0.64 | AC | Associated Capital | PairCorr |
| 0.75 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against Eaton Stock
The ability to find closely correlated positions to Eaton Vance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton Vance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton Vance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton Vance Senior to buy it.
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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton Vance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton Vance Senior moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eaton Vance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.