Eaton Vance Ohio Municipalome Trust (Eaton Vance Ohio Municipalome Trust) Momentum Rank : 0 (As of Apr. 29, 2024)

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What is Eaton Vance Ohio Municipalome Trust Momentum Rank?

Eaton Vance Ohio Municipalome Trust has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Eaton Vance Ohio Municipalome Trust (Eaton Vance Ohio Municipalome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Ohio Municipal Income Trust (AMEX:EVO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://funds.eatonvance.com

Eaton Vance Ohio Municipal Income Trust is a non-diversified, closed-end management investment company operating in the United States. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The company invests in debt securities issued by Ohio municipalities. The Trusts may invest in residual interest bonds whereby a Trust may sell a variable or fixed rate bond for cash to a special-purpose vehicle (the SPV) while at the same time, buying a residual interest in the assets and cash flows of the SPV.

Executives

Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr	officer: Chief Compliance Officer	C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott Eston	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ralph F Verni	director
Scott E Wennerholm	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting	other: Trustee	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Craig R Brandon	other: Portfolio Management	255 STATE STREET, BOSTON MA 02109
Laurie G Hylton	officer: Chief Financial Officer	255 STATE STREET, BOSTON MA 02109
Group Ag Ubs	other: Former 10% Owner	BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Ronald A Pearlman	director	C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Susan J Sutherland	other: Trustee	MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Allen Freedman	director	CHARLOTTE VALLEY FARMS, 525 COUNTY HIGHWAY, CHARLOTTESVILLE NY 12036-9603