The Toffees are currently fourth in the table with 17 points from 10 matches, seven points behind leaders Manchester United.
"I think there are certain teams where, if they play as well as they possibly can over 38 games, the best position they can probably finish in is 10th because that is the quality they have, and that is the reality of it," he said.
"But the reality of our situation is that if we play really well over the course of 38 games, we have the talent to finish fourth.
"There is not a lack of quality - it is just about making sure we stay consistent over the long haul. And can we do it? Yes, we can do it."
West Bromwich Albion and Tottenham Hotspur too have picked up 17 points so far this season.