Eaton Total Current Assets vs Current Deferred Revenue Analysis
EOT Stock | USD 16.42 0.17 1.05% |
Eaton Vance financial indicator trend analysis is much more than just examining Eaton Vance National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Vance National is a good investment. Please check the relationship between Eaton Vance Total Current Assets and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Total Current Assets vs Current Deferred Revenue
Total Current Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Vance National Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eaton Vance's Total Current Assets and Current Deferred Revenue is -0.15. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Eaton Vance National, assuming nothing else is changed. The correlation between historical values of Eaton Vance's Total Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Eaton Vance National are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Eaton Vance's Total Current Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Eaton Vance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Vance National current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Eaton Vance's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.03 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 16.72 in 2024.
Eaton Vance fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Vance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Vance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 15.3M | 15.3M | 15.6M | 15.6M | 18.0M | 16.9M | |
Net Debt | 13.7M | 8.9M | 12.4M | 32.2M | 40.7M | 21.4M | |
Total Current Assets | 17.1M | 4.4M | 5.3M | 4.9M | 5.6M | 6.9M | |
Total Stockholder Equity | 314.3M | 333.2M | 313.6M | 286.2M | 289.0M | 313.5M | |
Other Stockholder Equity | 268.5M | 250.5M | 298.4M | 298.4M | 343.2M | 271.5M | |
Total Assets | 342.7M | 355.8M | 341.2M | 327.3M | 333.2M | 281.1M | |
Retained Earnings | 22.8M | 41.3M | 15.1M | (12.3M) | (9.5M) | (9.0M) | |
Net Receivables | 9.2M | 4.4M | 5.3M | 4.9M | 4.4M | 4.7M | |
Liabilities And Stockholders Equity | 342.7M | 355.8M | 341.2M | 327.3M | 333.2M | 281.1M | |
Capital Surpluse | 290.6M | 291.3M | 291.8M | 298.4M | 343.2M | 321.3M | |
Total Liab | 28.3M | 22.6M | 27.6M | 41.1M | 44.1M | 29.9M | |
Short Term Debt | 451.2K | 1.5M | 0.0 | 898.3K | 936.8K | 550.8K | |
Common Stock | 153.1K | 153.3K | 156.2K | 156.2K | 179.7K | 169.4K | |
Short Long Term Debt Total | 21.7M | 21.7M | 19.7M | 39.6M | 40.7M | 33.8M | |
Total Current Liabilities | 6.3M | 555.6K | 7.7M | 303.8K | 936.8K | 889.9K | |
Accounts Payable | 6.3M | 555.6K | 7.7M | 303.8K | 3.1M | 3.5M | |
Non Current Assets Total | 325.5M | 355.8M | 341.2M | 322.4M | 328.8M | 274.2M | |
Non Currrent Assets Other | (325.5M) | 17.2M | 12.6M | (322.4M) | (328.7M) | (312.3M) | |
Other Assets | (9.2M) | (4.4M) | (5.3M) | 333.2M | 383.2M | 402.3M | |
Non Current Liabilities Total | 21.7M | 22.6M | 27.6M | 39.6M | 43.2M | 36.0M | |
Net Invested Capital | 336.0M | 354.9M | 333.3M | 325.8M | 328.8M | 273.9M | |
Long Term Investments | 325.5M | 338.6M | 328.7M | 322.4M | 328.7M | 270.1M | |
Other Current Assets | (17.1M) | (17.2M) | (12.6M) | (4.9M) | (4.4M) | (4.7M) | |
Capital Stock | 153.1K | 153.3K | 156.2K | 156.2K | 179.7K | 170.0K |
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
0.62 | PX | P10 Inc | PairCorr |
Moving against Eaton Stock
0.51 | PWP | Perella Weinberg Partners | PairCorr |
0.49 | FDUS | Fidus Investment Corp | PairCorr |
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 National 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 National 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary 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.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is Eaton Vance'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 Vance. 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 Vance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.46 | Return On Equity (4.49) |
The market value of Eaton Vance National 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 Vance's value that differs from its market value or its book value, called intrinsic value, which is Eaton Vance'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 Vance's market value can be influenced by many factors that don't directly affect Eaton Vance'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 Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance'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.