EVV Stock Summary and Trading Ideas (Ev Duration Income | AMEX:EVV)

The Fund's investment objective is to provide a high level of current income. The Fund may, as a secondary objective, also seek capital appreciation to the extent consistent with its primary goal of high current income. Access to a broad range of income asset classes, with allocations directed by Fund portfolio managers. As a low duration strategy, the fund provides limited interest-rate risk, with an average duration between two and five years (including the effect of leverage).

Ev Duration Income trades on the AMEX stock market under the symbol EVV.

As of December 13, 2024, EVV stock price declined to $10.24 with 307,814 million shares trading.

EVV has a beta of 0.27, meaning it tends to be less sensitive to market movements. EVV has a correlation of 0.16 to the broad based SPY ETF.

EVV has a market cap of $1.19 billion. This is considered a Small Cap stock.

In the last 3 years, EVV traded as high as $13.30 and as low as $8.52.

EVV has underperformed the market in the last year with a return of +17.6%, while the SPY ETF gained +29.9%. In the last 3 month period, EVV fell short of the market, returning +2.0%, while SPY returned +7.8%. However, in the most recent 2 weeks EVV has outperformed the stock market by returning +1.5%, while SPY returned +0.3%.

EVV support price is $10.19 and resistance is $10.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVV shares will trade within this expected range on the day.