Calvert High Correlations

Mutual Funds . USA . 
Fund . Calvert High Yield
CYBAX Fund  USD 24.93  0.04  0.16%   
The current 90-days correlation between Calvert High Yield and Eaton Vance Worldwide is 0.28 (i.e., Modest diversification). The correlation of Calvert High 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Calvert High Correlation With Market

Modest diversification

The correlation between Calvert High Yield and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Calvert High Yield and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calvert High Yield. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Calvert Mutual Fund

  0.87CDHIX Calvert Developed MarketPairCorr
  0.86CDHAX Calvert Developed MarketPairCorr
  0.93CDICX Calvert Short DurationPairCorr
  0.87CDHRX Calvert InternationalPairCorr
  0.9CDSRX Calvert Short DurationPairCorr
  0.9CDSIX Calvert Short DurationPairCorr
  0.79CEFAX Calvert Emerging MarketsPairCorr
  0.8CEFIX Congressional EffectPairCorr
  0.72CFAIX Calvert ConservativePairCorr
  0.88CWVIX Calvert InternationalPairCorr
  0.87CWVGX Calvert InternationalPairCorr
  0.87CWVCX Calvert InternationalPairCorr
  0.77CFICX Calvert IncomePairCorr
  0.77CFOIX Calvert Floating RatePairCorr
  0.76CFOAX Calvert Floating RatePairCorr
  0.65CGAFX Calvert Green BondPairCorr
  0.68CGBIX Calvert Green BondPairCorr
  1.0CYBRX Calvert High YieldPairCorr
  1.0CYBIX Calvert High YieldPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Calvert Mutual Fund performing well and Calvert High Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Calvert High's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY