Eaton Weighted Average Shares from 2010 to 2024
| ETN Stock | USD 308.94 1.24 0.40% |
Check Eaton PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton main balance sheet or income statement drivers, such as Interest Expense of 158.6 M, Total Revenue of 12.9 B or Gross Profit of 24.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0136 or PTB Ratio of 5.3. Eaton financial statements analysis is a perfect complement when working with Eaton PLC Valuation or Volatility modules.
Eaton | Weighted Average Shares |
About Eaton PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Eaton PLC income statement, its balance sheet, and the statement of cash flows. Eaton PLC investors use historical funamental indicators, such as Eaton PLC's Weighted Average Shares, to determine how well the company is positioned to perform in the future. Although Eaton PLC investors may use each financial statement separately, they are all related. The changes in Eaton PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eaton PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eaton PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eaton PLC. Please read more on our technical analysis and fundamental analysis pages.
Eaton Corporation plc operates as a power management company worldwide. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland. Eaton Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 85947 people.
Eaton PLC Investors Sentiment
The influence of Eaton PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eaton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Eaton PLC's public news can be used to forecast risks associated with an investment in Eaton. The trend in average sentiment can be used to explain how an investor holding Eaton can time the market purely based on public headlines and social activities around Eaton PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Eaton PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eaton PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eaton PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eaton PLC.
Eaton PLC Implied Volatility | 74.27 |
Eaton PLC's implied volatility exposes the market's sentiment of Eaton PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eaton PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eaton PLC stock will not fluctuate a lot when Eaton PLC's options are near their expiration.
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 PLC 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 PLC's short interest history, or implied volatility extrapolated from Eaton PLC options trading.
Pair Trading with Eaton PLC
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 PLC 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 PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Eaton Stock
| 0.76 | B | Barnes Group Earnings Call This Week | PairCorr |
| 0.92 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.74 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
| 0.95 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Eaton Stock
| 0.89 | ATS | ATS Corporation | PairCorr |
| 0.69 | RR | Richtech Robotics Class | PairCorr |
| 0.44 | CYD | China Yuchai Interna | PairCorr |
The ability to find closely correlated positions to Eaton PLC 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 PLC 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 PLC - 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 PLC to buy it.
The correlation of Eaton PLC 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 PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 PLC 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.Check out the analysis of Eaton PLC Correlation against competitors. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Eaton Stock analysis
When running Eaton PLC's price analysis, check to measure Eaton PLC'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 PLC is operating at the current time. Most of Eaton PLC's value examination focuses on studying past and present price action to predict the probability of Eaton PLC'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 PLC's price. Additionally, you may evaluate how the addition of Eaton PLC to your portfolios can decrease your overall portfolio volatility.
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Is Eaton PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.304 | Dividend Share 3.44 | Earnings Share 8.03 | Revenue Per Share 58.121 | Quarterly Revenue Growth 0.108 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.